by AIP Online Bureau | May 1, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health
WASHINGTON: Gilead Science Inc’s antiviral drug remdesivir was granted emergency use authorization by the U.S. Food and Drug Administration for COVID-19 on Friday, clearing the way for broader use of the drug in more hospitals around the United States. ...
by AIP Online Bureau | May 1, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health
Gilead Sciences, which manufactures remdesivir, is focused on making the experimental coronavirus drug accessible and affordable to as many people as possible once it is approved, Chief Executive Officer Daniel O’Day said on Friday. Interest in...
by AIP Online Bureau | May 1, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
NEW DELHI/MUMBAI: India said on Friday it would extend its nationwide coronavirus lockdown for another two weeks after May 4, but would allow “considerable relaxations” in lower-risk districts marked as green and orange zones. In its...
by AIP Online Bureau | May 1, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
LONDON: Britain’s financial watchdog said it would urgently ask the courts to clarify uncertainty over the inability of some insurance customers to obtain compensation for disruption caused by the coronavirus pandemic. A national lockdown to fight the...
by AIP Online Bureau | May 1, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Life, Reinsurance
U.S. life insurers may face as much as $7.2 billion in claims if coronavirus deaths rise to the high end of projections of 150,000, according to Aite Group LLC. The estimate includes costs for policyholders between the ages of 56 and 74, which are projected to...
by AIP Online Bureau | May 1, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health
Washington: As the US recorded more than 2,000 deaths on three consecutive days, President Donald Trump launched a scathing attack on China on Thursday. He said that the World Health Organization should be ashamed of itself, and likened it to a public relations...
by AIP Online Bureau | Apr 30, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
The U.S. insurance industry is promoting the idea of an insurance plan backed by the federal government that would help businesses that in the future suffer losses from a pandemic, people familiar with the effort told Reuters. The campaign involves discussions...
by AIP Online Bureau | Apr 30, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Regulation, Reinsurance
London: Top insurers such as AXA, RSA, QBE and Zurich face a potential multi-million-pound lawsuit from British pubs, hotels, restaurants and leisure groups, who allege that legitimate business interruption claims have been rejected. A new Hospitality...
by AIP Online Bureau | Apr 30, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Non-Life, Reinsurance
Hyderabad: Appreciating the decision of the General Insurance Council(GI Council), the official representative body of the general insurers,on providing a major relief to the India Inc in the matter of continuance of property covers – Standard...
by AIP Online Bureau | Apr 30, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
New Delhi: The death toll due to the novel coronavirus pandemic rose to 1,074 after 66 more fatalities and the number of cases climbed to 33,050 in the country on Thursday, according to the Union Health Ministry. The number of active COVID-19 cases stood...
