by AIP Online Bureau | Apr 9, 2020 | Eco/Invest/Demography, Facts, Non-Life, Reinsurance
Major U.S. insurers are offering credit to auto and motorcycle policyholders following a decline in driving, as most Americans stay at home to help contain the spread of the novel coronavirus. Following is a list of companies, in alphabetical order, which have...
by AIP Online Bureau | Apr 9, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
NEW DELHI: The Indian government on Thursday claimed initial success in its fight against the coronavirus epidemic, saying it would have been hit with 820,000 cases by next week had it not imposed a nationwide lockdown. The number of people infected with the...
by AIP Online Bureau | Apr 9, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
CHICAGO: The monthly Global Catastrophe Recap report by Aon plc,evaluating the impact of the natural disaster events that occurred worldwide during March 2020,reveals a total economic losses in excess of USD1.1bn, with roughly three-quarters of the total...
by AIP Online Bureau | Apr 9, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
FRANKFURT: Swiss Re is confident it can weather the storm of the coronavirus outbreak, an executive said. The reinsurer has a strong balance sheet, prudent asset allocation and hedges on assets, Edi Schmid, Swiss Re’s Group Chief Underwriting...
by AIP Online Bureau | Apr 9, 2020 | Eco/Invest/Demography, International News, Life, Regulation
Beijing: China plans to make it easier for foreign life insurers to make controlling acquisitions and large equity investments in domestic peers, five people with knowledge of the matter said, as the country pushes ahead in opening up its financial sector....
by AIP Online Bureau | Apr 9, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
NEW DELHI: A decision by the Supreme Court of India to make testing for coronavirus free places an unfair financial burden on medical firms and could see a reduction in testing, already among the world’s lowest, said business leaders and health experts. ...
by AIP Online Bureau | Apr 9, 2020 | Banking & Bancassurance, Disaster & Management, Eco/Invest/Demography, Health, Indian News, Risk Management
MUMBAI: The outlook for India’s economic recovery has been sharply altered by the coronavirus outbreak, the central bank said in its Monetary Policy Report, underlining the pandemic’s deepening impact on South Asia’s engine of growth....
by AIP Online Bureau | Apr 9, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
New Delhi: With over 500 fresh cases reported in last 24 hours, India's novel coronavirus cases surged to 6,588 , according to the Union Health Ministry data. As many as 199 deaths have been reported in India since the virus outbreak, according to the...
by AIP Online Bureau | Apr 9, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management
Mumbai: In a bid to warn customers against fraudsters who may attempt to exploit the EMI moratorium scheme, leading banks are reaching out to their customers to caution them against 'EMI moratorium frauds' and strongly advising them not to share...
by AIP Online Bureau | Apr 9, 2020 | Indian News, Non-Life
New Delhi: Anamika Roy Rashtrawar has been appointed as the MD & CEO of IFFCO TOKIO General Insurance Company with effective from 27th March 2020. Rashtrawar takes over from Warendra Sinha, who retired from the company after leading IFFCO TOKIO...
