by AIP Online Bureau | Feb 24, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
Hong Kong: Seoul led a sharp drop across Asian equity markets Monday as South Korea announced a surge in COVID-19 infections, while oil plunged and safe haven assets rallied on growing concerns about the global spread of the deadly virus. With the...
by AIP Online Bureau | Feb 24, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
Australia’s prudential regulator said on Monday it was looking to better understand the financial risks of climate change and would begin undertaking deeper assessments of the industry’s vulnerabilities to improve resilience. The Australian...
by AIP Online Bureau | Feb 24, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
The world’s financial services sector risks losses of up to $1 trillion if it fails to respond quickly to climate change and is hit by policy shifts such as the introduction of a carbon tax, a new report shows. The report by consultants Oliver...
by AIP Online Bureau | Feb 24, 2020 | Eco/Invest/Demography, International News, Life, Non-Life
Saudi Arabia is working on new regulations that would raise capital requirements for the kingdom’s overcrowded insurance sector, its central bank governor said in an interview with Bloomberg TV. The new rules would “make the market more...
by AIP Online Bureau | Feb 24, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
On Monday, fears that the coronavirus outbreak in China will grow into a pandemic with disruptive and deadly consequences for countries across the globe spooked most equity markets. The virus, which has killed 2,442 people in China, has reportedly spread to 28...
by AIP Online Bureau | Feb 24, 2020 | Intermediaries, International News, Risk Management
Chicago: Eric Andersen is named president of Aon, reporting to Greg Case, the firm's CEO, as Aon continues to accelerate execution on its Aon United Blueprint. Andersen will lead an internal and external search to appoint regional CEOs who will be...
by AIP Online Bureau | Feb 24, 2020 | Eco/Invest/Demography, Indian News
Mumbai: Indian stock benchmark Sensex on Monday sank nearly 807 points, the second biggest single-day fall this year, tracking sell-offs in global markets as coronavirus cases rose exponentially outside China. Starting off on a weaker note, the BSE gauge...
by AIP Online Bureau | Feb 24, 2020 | Eco/Invest/Demography, Indian News, Technology
Mumbai: Microsoft chief executive Satya Nadella on Monday urged Indian business leaders to build technology capabilities that are inclusive in nature. Beginning his three-day visit to India, Nadella was addressing Microsoft's Future Decoded CEO...
by AIP Online Bureau | Feb 23, 2020 | Eco/Invest/Demography, Health, International News
Singapore: Malaysia and India, among Asia-Pacific markets,will see higher Employer-sponsored health care benefit costs in 2020. According to a survey of medical insurers by Willis Towers WatsonWTW), though Employer-sponsored health care benefit costs are...
by AIP Online Bureau | Feb 23, 2020 | Eco/Invest/Demography, Indian News
New Delhi: India has some distance to go in fully shifting from the pro-crony to pro-business policies, Chief Economic Advisor Krishnamurthy Subramanian said on Saturday. It will be pro-business policies that will enable the “invisible hands of the...
