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...
by AIP Online Bureau | Apr 30, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance
FRANKFURT: Reinsurer Swiss Re said on Thursday that it swung to a net loss in the first quarter of 2020, as the coronavirus outbreak began to bite. The loss was $225 million during the period compared with profit of $429 million a year earlier. Analysts had...
by AIP Online Bureau | Apr 30, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
PARIS: France is working on a new mechanism for pandemics insurance cover that could entail some state backing, and is exploring funding options to have a scheme in place ahead of another potential coronavirus lockdown, Axa’s Chief Risk Officer...
by AIP Online Bureau | Apr 30, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
BENGALURU: Shares of Glenmark Pharmaceuticals Ltd rose almost 9% on Thursday after the Indian drugmaker got an approval to conduct clinical trials with antiviral drug favipiravir, seen as a potential treatment for COVID-19. Favipiravir, manufactured...
by AIP Online Bureau | Apr 30, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
Geneva: Some 1.6 billion workers in the informal economy, representing nearly half of the global labour force, are in immediate danger of losing their livelihoods due to the coronavirus pandemic, the International Labour Organization (ILO) said on Wednesday....
by AIP Online Bureau | Apr 30, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health
NEW YORK : The city of New York delivered a freezer truck to a funeral home on Wednesday after it was found to be storing dead bodies in unrefrigerated U-Haul vehicles, a Reuters eyewitness said. The eyewitness saw bodies in a U-Haul van and said two...
by AIP Online Bureau | Apr 30, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health
CHICAGO: Concerns over leaks compelled the top U.S. infectious disease official to reveal data on Gilead Sciences Inc’s (GILD.O) experimental drug remdesivir, the first in a scientifically rigorous clincial trial to show benefit in treating COVID-19. The...
by AIP Online Bureau | Apr 29, 2020 | Indian News, Non-Life
MUMBAI/NEW DELHI:: Bharti AXA General Insurance, Wdnesday, announced its partnership with leading web aggregator PolicyBazaar.com to sell ‘Usage-based Motor Insurance’ policies for private car owners under the regulatory Sandbox project. The...
by AIP Online Bureau | Apr 29, 2020 | Eco/Invest/Demography, Indian News, Technology
New Delhi: The government has extended the relaxed connectivity norms for 'work from home', applicable on IT and BPO companies, till July 31, amid the coronavirus pandemic. The deadline for the easier norms was to end on April 30. ...