by AIP Online Bureau | Dec 12, 2022 | Eco/Invest/Demography, International News, Life, Non-Life
The changes are a far cry from the dramatic reforms in the 1980s that made London a global financial center and the far-reaching changes mooted when Liz Truss was prime minister London: The UK set out a package of financial services reforms that cuts across dozens of...
by AIP Online Bureau | Dec 12, 2022 | Eco/Invest/Demography, International News, Life
An investment would help support the insurer’s growth plans ahead of a long-awaited Hong Kong initial public offering, which could take place as soon as 2023, the people said. Other investors have also shown early interest in a fundraising for FWD ahead of its...
by AIP Online Bureau | Dec 12, 2022 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy, Regulation
“The state governments of Rajasthan, Chhattisgarh, and Jharkhand, have sent proposals to the central government/PFRDA to return the accumulated corpus of subscribers under NPS to respective state governments. No such proposal has been received from the state...
by AIP Online Bureau | Dec 12, 2022 | Health, International News, Non-Life, Pandemic
China’s controls kept its infection rate low but crushed already weak economic growth and prompted complaints about the rising human cost. The official death toll is 5,235, compared with 1.1 million for the United States. China’s official total case count...
by AIP Online Bureau | Dec 12, 2022 | Facts, Health
One troubling indicator for seniors: Hospitalisations for people with COVID-19 rose by more than 30% in two weeks. Much of the increase is driven by older people and those with existing health problems, said Dr. Rochelle Walensky, director of the Centers for Disease...
by AIP Online Bureau | Dec 12, 2022 | Health, International News, Non-Life, Reinsurance
ARC( African Risk Capacity) Group and its partners finalized the development of the cover, which will provide parametric insurance to African Union (AU) member states for three selected pathogens responsible for Ebola virus disease, Marburg virus disease, and...
by AIP Online Bureau | Dec 12, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation
On the data collection side, AI and ML technologies are used for real-time data reporting, effective data management and dissemination For data analytics, these are being used for monitoring supervised firm-specific risks, including liquidity risks, market risks,...
by AIP Online Bureau | Dec 12, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Ankara has declined to scrap a new insurance inspection rule it implemented at the beginning of the month despite days of pressure from Western officials Turkey emerged as a critical stumbling block to a complex international plan to deprive Russia of wartime oil...
by AIP Online Bureau | Dec 12, 2022 | Eco/Invest/Demography, Facts, Health, Non-Life
Based on data collected during the first two Covid waves from participants in the UK Biobank study, the research report published in the journal Heart, states that in the case of patients who were hospitalised, there has been a 118 times rise in the number of deaths....
by AIP Online Bureau | Dec 12, 2022 | Facts, Health, Pandemic
Researchers estimate that over 200 million people worldwide may currently be having long Covid conditions, where they are experiencing myocarditis, pericarditis, brain fog or memory issues, sleep apnea, fatigue, joint pain, and other health conditions As more and more...