by AIP Online Bureau | Mar 31, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
NEW YORK: The U.S. death toll from the coronavirus pandemic climbed past 3,000 on Monday, the deadliest day yet in the country’s mounting crisis, while New York cheered the arrival of a gleaming 1,000-bed U.S. Navy hospital ship as a sign of hope in the...
by AIP Online Bureau | Mar 31, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
SHANGHAI/BEIJING: China will delay its national college entrance exam by a month as it grapples with a coronavirus pandemic as travellers returning from abroad are fuelling new cases and boosting concern over the threat of a second wave of infections....
by AIP Online Bureau | Mar 31, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
The world economy will go into recession this year with a predicted loss of trillions of dollars of global income due to the coronavirus pandemic, spelling serious trouble for developing countries with the likely exception of India and China, according to a latest UN...
by AIP Online Bureau | Mar 31, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health
NEW DELHI : The outbreak of the pandemic COVID-19 has created a stressful environment for all leading to worldwide psychological chaos. These fear and anxiety about the disease cause strong emotions in adults and children. One needs to cope up with the stress...
by AIP Online Bureau | Mar 30, 2020 | Eco/Invest/Demography, Facts, Health, Technology
Stepping in where humans should not, robots are being used for jobs such as sanitising hospitals and delivering food and medicines in many parts of the world and perhaps soon in India where experiments are underway to increase their role in combating Covid-19. ...
by AIP Online Bureau | Mar 30, 2020 | Eco/Invest/Demography, International News, Life, Non-Life
Insurers the world over have been walloped by evaporating investment returns, but those in South Korea have been hit particularly hard. Just consider this: The nation’s second-largest life insurer became a penny stock this month. Hanwha Life Insurance Co....
by AIP Online Bureau | Mar 30, 2020 | International News, Non-Life, Reinsurance
Lonon: Thousands of London’s underwriters took their stamps and fountain pens home last week, which they use to sign insurance contracts, but they won’t need them. Working at home due to the coronavirus lockdown, they have abandoned the...
by AIP Online Bureau | Mar 30, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life
Mumbai: On Monday, the New India Assurance has issued the master policy for 90 days covering 22.12 lakh public healthcare providers, including community health workers who will get Rs 50 lakh insurance cover under a national scheme-Pradhan...
by AIP Online Bureau | Mar 30, 2020 | Indian News, Non-Life, Regulation, Reinsurance, Risk Management
Hyderabad: Terming any Capital Gearing treaties in various forms including Quota Share Reinsurance Treaty. are of the nature of financial arrangements and not primarily a risk transfer mechanism,the IRDAI has banned any such fresh treaties by any...
by AIP Online Bureau | Mar 30, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
Hyderabad: In order to meet the challenges on account of the developing situation owing to COVID-19, the Insurance Regulatory and Development Authority of India on Monday issued a host of instructions forthe domestic insurers. The irdai is...