by AIP Online Bureau | Feb 13, 2020 | Uncategorized
Companies that have spent money on a major telecoms conference in Barcelona that has been canceled after mass withdrawals due to the coronavirus outbreak cannot expect compensation under the organizers’ standard insurance, they said on Thursday. ...
by AIP Online Bureau | Feb 13, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance
With the coronavirus outbreak that originated in Hubei province, China, showing no signs of abating any time soon, some companies that buy and sell goods in the Chinese market are taking interest in the legal defense of “force majeure.” The...
by AIP Online Bureau | Feb 13, 2020 | Eco/Invest/Demography, Indian News
NEW DELHI : Foreign investors turned net buyers in the Indian markets in the December quarter, pumping in a staggering $6.3 billion on the back of the government's intent to bring reforms for supporting the economic growth. This comes following a net...
by AIP Online Bureau | Feb 13, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
Businesses looking to buy cancellation insurance for events around the world will not be able to get cover for the new coronavirus outbreak, industry sources said, as insurers rush to exclude the epidemic from their policies. The Shanghai Grand Prix and...
by AIP Online Bureau | Feb 13, 2020 | Indian News
New Delhi: Global agency Standard and Poor's on Thursday retained India's sovereign ratings at 'BBB-' with stable outlook, saying the country's GDP is likely to gradually recover towards longer-term trend rates over the next two to...
by AIP Online Bureau | Feb 13, 2020 | International News, Non-Life, Reinsurance
Paris: SCOR has acquired control of AgroBrasil Administração e Participações Ltda (“AgroBrasil”), Brazil’s family-owned leading Managing General Agent distributing fruit and grain loss of crop quality and yield...
by AIP Online Bureau | Feb 13, 2020 | Eco/Invest/Demography, Indian News, Policy
New Delhi: Senior IAS officer Debasish Panda was on Thursday appointed as the new secretary, financial services,ministry of finance(MoF) as part of a top level bureaucratic reshuffle effected by the Centre. Panda, a 1987-batch IAS officer of the...
by AIP Online Bureau | Feb 13, 2020 | Eco/Invest/Demography, Health, International News, Technology
New Delhi: The coronavirus outbreak in China is disrupting the global technology sector as operations in the world's largest tech manufacturing hub are threatened, S&P Global Ratings said on Thursday. Until Tuesday, the virus outbreak has claimed 1,115...
by AIP Online Bureau | Feb 12, 2020 | Eco/Invest/Demography, Indian News
New Delhi: While the previous governments had hesitated to touch the country's taxation system, the current dispensation was making it more citizen centric, Prime Minister Narendra Modi said on Wednesday, urging people to pay their dues for the development...
by AIP Online Bureau | Feb 12, 2020 | Eco/Invest/Demography, International News, Technology
Britain said it would force social media companies such as Facebook, Twitter and Snap to do more to block or remove harmful content on their platforms. Following a consultation, the UK government said on Wednesday it planned to legislate to ensure companies had...
