by AIP Online Bureau | Mar 6, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance
The coronavirus has upended markets, disrupted supply chains and forced quarantines. It’s all fertile ground for lawsuits. Hospitals, restaurants, day care centers, nursing homes and hotels may face claims that they didn’t take adequate steps...
by AIP Online Bureau | Mar 6, 2020 | International News, Life
British insurer Aviva said on Friday it would pull out completely from Indonesia by selling its entire stake in joint venture PT Astra Aviva Life to its partner in the operation. “The transaction is expected to complete in Q4 2020 and is subject to...
by AIP Online Bureau | Mar 6, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
LONDON/LOS ANGELES: Business districts around the world began to empty and stock markets tumbled on Friday as the number of coronavirus infections neared 100,000 and the economic damage wrought by the outbreak intensified.An increasing number of people faced a...
by AIP Online Bureau | Mar 6, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
LONDON: Britain’s top listed companies must disclose how climate change affects their business, using globally agreed guidance, or explain to investors why they have not, the Financial Conduct Authority (FCA) proposed on Friday. Investors increasingly...
by AIP Online Bureau | Mar 6, 2020 | Eco/Invest/Demography, Indian News, Life
Mumbai: In a bid to for promoting financial inclusion of the marginalised sections of the society,for the first time, the Life Insurance Corporation(LIC) of India has today launched an online & paperless process of completion of policies of micro...
by AIP Online Bureau | Mar 6, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
A fast spreading coronavirus outbreak could knock $211 billion off the combined economies of the Asia-Pacific, with Japan, Hong Kong, Singapore and Australia among the most exposed, S&P Global Ratings said on Friday. S&P cut its 2020 growth...
by AIP Online Bureau | Mar 6, 2020 | Banking & Bancassurance, Indian News, Regulation
Mumbai: Even as the SBI board has given the largest lender an "in-principle" approval to invest in the capital-starved Yes Bank, the Reserve Bank of India, as part reconstructing scheme for the revival of Yes Bank, has said that...
by AIP Online Bureau | Mar 6, 2020 | Indian News, Non-Life, Risk Management
New Delhi: The National Consumer Disputes Redressal Commission (NCDRC), the country’s apex consumer commission has asked Tata Motors to pay Rs 3.5 lakh towards compensation and punitive damages for misleading advertisements making false mileage claims...
by AIP Online Bureau | Mar 6, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health
Geneva: The World Health Organization has warned that severe and mounting disruption to the global supply of personal protective equipment (PPE) – caused by rising demand, panic buying, hoarding and misuse – is putting lives at risk from the new...
by AIP Online Bureau | Mar 6, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
MUMBAI: India has ramped up the screening of travellers to keep the coronavirus at bay but a flurry of new cases has experts warning that it may be hard to contain a spread in densely populated South Asia with its generally poor medical...