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Caronavirus Pandemic:General Insurers want regulatory relief for protecting their solvency margins

by AIP Online Bureau | Mar 30, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  Hyderabad: With  S&P BSE Sensex losing more than 10,000 points in the month of March, due to the severe global impact of the caronavirs pandemic,the General insurance Council (GI Council),the official body of the domestic general insurance industry,...

IAG exits Indian market, sells 26% stake in SBI Gen for $310 mn

by AIP Online Bureau | Mar 30, 2020 | Indian News, Non-Life

  Mumbai: SBI on Monday said Australia's IAG has sold its entire 26 per cent stake in the lender's general insurance joint venture SBI General Insurance Co Ltd for USD 310 million (about Rs 2,325 crore). The stake has been sold to Premji Invest and...

Govt directs banks to remain operational during 21-day lockdown: Report

by AIP Online Bureau | Mar 30, 2020 | Banking & Bancassurance, Disaster & Management, Eco/Invest/Demography, Health, Indian News

  New Delhi: The government has directed all its banks to remain operational during the three-week coronavirus lockdown as part of essential services and to ensure welfare cash schemes that are part of a $22.6 billion government stimulus reach the poor.  ...

Caronavirus Pandemic: Doctors fear rapid rise of Indian cases soon 

by AIP Online Bureau | Mar 30, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  Mumbai/New Delhi: It’s the phone calls at all hours of the night he remembers. As swine flu ravaged northern India in 2015, a radiologist working at a hospital in a Delhi suburb said people would call begging for a bed.   That outbreak ultimately...

Malaria medicine ‘Hydroxychloroquine’ being administered to 1,100 COVID19 patients in NY: Trump

by AIP Online Bureau | Mar 30, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

  Malaria medicine 'Hydroxychloroquine' is being administered to 1,100 coronavirus patients in New York, President Donald Trump has said, exuding confidence that the drug, touted as a "game-changer" by him, might give some incredible results in...

Coronavirus Pandemic: Cases rise to 1,071 in India, number of dead at 29

by AIP Online Bureau | Mar 30, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  New Delhi: With the states reporting over 92 new cases, the number of coronavirus cases has jumped to 1,071 in India, latest data from Health ministry showed.  As many as 100 patients have recovered while 29 have died from the disease.   On Monday,...

Covid-19 affects hearts of even those without any cardiac condition: Study

by AIP Online Bureau | Mar 30, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

Coronavirus can cause cardiac injury even in patients without underlying heart conditions, and have fatal consequences for people with cardiovascular disease, according to a review of studies.   Experts have known that viral illnesses such as Coronavirus...

ICICI Gen and Bharat Pe partner to launch Coronavirus cover for shopkeepers

by AIP Online Bureau | Mar 30, 2020 | Health, Indian News, Non-Life

  Mumbai: Amid the caronavirus pandemic, BharatPe, India’s largest merchant payment & lending network has partnered with ICICI Lombard to roll out 'COVID-19 Protection Insurance Cover' for shopkeepers.   It is a ‘first of its...

India toll 29, cases 1024; global deaths top 33,000

by AIP Online Bureau | Mar 29, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  New Delhi: With 29 deaths so far,the number of confirmed caronavirus cases in India rose to 1,024 including 48 foreign nationals on Sunday, according to the Ministry of Health and Family Welfare. Of them, 95 have been cured or discharged with one migrated...

Four in 10 people worldwide confined in some form

by AIP Online Bureau | Mar 29, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

  Paris: More than 3.38 billion people worldwide have been asked or ordered to follow confinement measures in the fight against COVID-19, according to an AFP database Sunday.   That represents around 43 percent of the total world population, which is 7.79...
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