by AIP Online Bureau | Apr 2, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
Beijing: China has concealed the extent of the coronavirus outbreak in its country, under-reporting both total cases and deaths it’s suffered from the disease, the US intelligence community concluded in a classified report to the White House, according to three...
by AIP Online Bureau | Apr 1, 2020 | International News, Non-Life, Reinsurance
Singapore: Apr 1 renewals in the Indian market has seen majority of buyers suffered risk losses resulting in moderate price increases, according to the latest 1st View renewals report from Willis Re relaesed on Wednesday.. Majority of...
by AIP Online Bureau | Apr 1, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance, Risk Management
PARIS/AMSTERDAM/MUNICH: European Union states are giving guarantees to credit insurers in a bid to keep coronavirus-hit companies afloat, as some firms cut cover for trade involving bloc members such as Italy and Spain, sources said. Without insurance, companies can...
by AIP Online Bureau | Mar 31, 2020 | Eco/Invest/Demography, Health, Indian News
New Delhi: All medical devices shall be regulated by the government as drugs for quality control and price monitoring from April 1, 2020, the Ministry of Chemicals and Fertilizers said in a statement on Tuesday. The National Pharmaceutical Pricing Authority...
by AIP Online Bureau | Mar 31, 2020 | Eco/Invest/Demography, Facts, Health
Dutch scientists were able to find the coronavirus in a city’s wastewater before Covid-19 cases were reported, demonstrating a novel early warning system for the pneumonia-causing disease. The so-called SARS-CoV-2 coronavirus is often...
by AIP Online Bureau | Mar 31, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance
Munich: Munich Re on Tuesday said in the first quarter of 2020,its property-casualty reinsurance segment saw a considerable claims burden from losses in connection with the effects of the significantly worsened COVID-19 crisis. The claims expenditure...
by AIP Online Bureau | Mar 31, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
New Delhi: The airlines are faced with refunding USD 35 billion of sold but unused tickets in the April-June period as governments across the world have imposed travel restrictions to curb the spread of the novel coronavirus pandemic, according to a global...
by AIP Online Bureau | Mar 31, 2020 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation
Hyderabad: The IRDAI in its second tranche of approvals related to innovative product proposals from Non-Life, Life and Intermediaries segments , under the Regulatory Sandbox plans, has allowed 16 products from five general insurers and three life...
by AIP Online Bureau | Mar 31, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Life
Mumbai: LIC of India has contributed Rs.105 Crore to PM CARES Fund for supporting the efforts of the Government of India in fighting COVID -19 caused by Novel Corona Virus, the biggest pandemic the world has witnessed since more than a century. Out of the...
by AIP Online Bureau | Mar 31, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
NEW DELHI: Shortages of protective health gear in India are forcing some doctors to use raincoats and motorbike helmets while fighting the coronavirus, exposing the weak state of the public health system ahead of an anticipated surge in COVID-19 cases.Prime Minister...