by AIP Online Bureau | Apr 25, 2020 | Indian News, Non-Life
New Delhi: The Supreme Court Friday set aside the National Consumer Disputes Redressal Commission (NCDRC’s) order asking an insurance company to pay over Rs 64 lakh as compensation to Madhya Pradesh government for alleged wrongful repudiation of a claim...
by AIP Online Bureau | Apr 25, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life
SINGAPORE: Airlines in India are likely to suffer a revenue loss of 11.2 billion dollars this year leading to 2.9 million jobs at risk as passenger demand falls by 47 per cent due to COVID-19 crisis, the International Air Transport Association (IATA) said....
by AIP Online Bureau | Apr 24, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Technology
New Delhi: Aarogya Setu, a government app for tracking coronavirus patients, has recorded 75 million downloads till date, the Ministry of Electronics and IT (MeitY) said on Friday. The information was shared by MeitY officials with Minister of State for...
by AIP Online Bureau | Apr 24, 2020 | Health, International News, Non-Life, Reinsurance
Monaco: The much awaited global reinsurance event, `the 64th Rendez-Vous de Septembre (RVS)'' in Monaco, which is scheduled to be held Sept. 12-17,2020, has been cancelled due to the uncertainties linked to the coronavirus pandemic. For 63...
by AIP Online Bureau | Apr 24, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
MUMBAI/AHMEDABAD: Parts of India have recorded dramatic falls in the number of deaths at a time when funeral parlours were bracing for a surge amid the coronavirus crisis. Some experts said the trend suggested that deaths from COVID-19, which are recorded...
by AIP Online Bureau | Apr 24, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
WASHINGTON: Senior World Bank officials on Friday warned that developing economies could see a deeper recession than currently expected if consumption and investment do not rebound quickly after the coronavirus pandemic.In a blog posting on the Bank’s website,...
by AIP Online Bureau | Apr 24, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Workplace/Employee Benefits
New Delhi: Industries cannot be forced to pay wages to their employees during the coronavirus-induced lockdown, BJD MP Bhartruhari Mahtab, who chairs the parliamentary panel on labour, said on Monday. Amid the countrywide lockdown to check the spread of...
by AIP Online Bureau | Apr 24, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Reinsurance
Hyderabad: After asking the insurers to be fiscally prudent to guard their sovency positions in the days of Covid-19 Pandemic and ongoing nationwide lockdown, the insurance regulator IRDA has asked the insurer not to pay any dividends to their promoters...
by AIP Online Bureau | Apr 24, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
New Delhi: The total number of coronavirus (Covid-19) cases in India has reached 23,502, according to the Indian Council of Medical Research (ICMR). 1,684 fresh Covid-19 cases were reported in past 24 hours. The death toll from coronavirus rose to 718 as 37...
by AIP Online Bureau | Apr 24, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance
LONDON: Hundreds of British businesses, shuttered by a government lockdown to curb the coronavirus pandemic, have appointed lawyers to take on insurer Hiscox, saying its refusal to compensate them for losses was putting their future at risk. The Hiscox Action...
