by AIP Online Bureau | May 8, 2020 | Disaster & Management, Health, Indian News, Non-Life
New Delhi: With several industrial accidents in recent past highlighting gaps, the government is in the last leg of finalising the amendment to chemical accident rules to minimise disasters such as the one that happened at Visakhapatnam polymer factory on...
by AIP Online Bureau | May 7, 2020 | Health, Indian News, Non-Life, Reinsurance
Mumbai: State owned New India Assurance(NIA),along with private sector major HDFC General Insurance,Future Generali General Insurance and Magma HDI General Insurance Company as co- insurer have insured the LG Polymers plant in Vizag,which...
by AIP Online Bureau | May 7, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
Forcing retroactive payouts to cover business disruption losses resulting from the coronavirus pandemic could ultimately put financial stability at risk, global insurance regulators said. Disputes over cover for businesses struggling to stay afloat...
by AIP Online Bureau | May 7, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Life, Non-Life, Reinsurance
Munich: Munich Re said on Thursday it expected to receive claims for canceled or postponed events because of the coronavirus crisis in excess of 1 billion euros ($1.08 billion) this year after it posted a 65% drop in first-quarter profit. The German...
by AIP Online Bureau | May 7, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Technology
NEW DELHI: India will within days roll out a version of its coronavirus contact-tracing application that can run on mobile carrier Reliance Jio’s cheap phones, as it looks to increase the reach of the system, a senior government official said on Thursday....
by AIP Online Bureau | May 7, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
Beijing: President Xi Jinping has cautioned people against complacency over the declining trend of coronavirus cases in the country as China on Thursday downgraded COVID-19 risk levels in all regions, signalling its successful containment. All...
by AIP Online Bureau | May 7, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
United Nations: The United Nations announced Thursday it is increasing its appeal to fight the coronavirus pandemic in fragile and vulnerable countries from 2 billion to 6.7 billion. U.N. humanitarian chief Mark Lowcock reiterated that the peak of the pandemic...
by AIP Online Bureau | May 7, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health
London: The Bank of England held off further stimulus measures but said it was ready to take fresh action to counter the coronavirus hammering which could cause the country's biggest economic slump in over 300 years in 2020 before a bounceback in 2021. The...
by AIP Online Bureau | May 7, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health
New Delhi: The Indian Council of Medical Research (ICMR) has approved 21 institutions for participating in a randomised controlled study to assess the safety and efficacy of convalescent plasma to limit complications associated with COVID-19. The sample size of...
by AIP Online Bureau | May 7, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health
The economic catastrophe caused by the viral outbreak likely sent the U.S. unemployment rate in April to its highest level since the Great Depression and caused a record-shattering loss of jobs. With the economy paralyzed by business closures, the...
