“Flash floods are not new, but their frequency and intensity are...
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Expanding Indian EV Market: Securing Battery Insurance
Battery, making up about 60% of an EV’s total cost often doesn’t...
Risk-Based Capital: Rewarding Indian insurers
The adoption of Risk-Based Capital (RBC) rules by the Indian...
Infectious diseases present ‘clear and present danger’ everywhere:UN
Noting that infectious diseases remain “a clear and present danger to every country”, . Guterres maintained COVID-19 would not be the last pandemic for humanity It means strengthening primary health care at the local level to prevent collapse… ensuring equitable...
Extreme weather events cost the world billions in 2021, shows study
Worryingly such climate devastation is set to continue without action to cut emissions. Insurer Aon warns that 2021 is expected to be the sixth time global natural catastrophes have crossed the $100 billion insured loss threshold. All six have happened since 2011 and...
Ban drug ads to promote health
In the US alone, USD 20 billion was spent in 2016 to convince doctors to prescribe brand-name drugs. The problem needs tackling at two ends: better regulation of promotion and making doctors less susceptible to it. Turning over-regulation to the drug companies, as is...
India’s Population Puzzle
While India will be a young country for decades yet, it is aging faster than expected.The latest round of India’s massive National Family Health Survey underscores the point. Mihir Sharma By the middle of this century, India will have 1.6 billion people. That’s when...
Future of Digital Payments in India
According to RBI, 'while the guidelines will be technology and platform agnostic, it will create an enhanced and enabling environment for customers to use digital payment products in a more safe and secure manner.' The digital payments growth in India has positioned...
Volatile markets, US lawsuits, ESG issues and SPACs create new risks for managers:Allianz
“The actions and culture of organizations and their directors and officers are coming under heightened scrutiny from a wide range of stakeholders, with litigation risk a primary concern,” says Shanil Williams, Global Head of Financial Lines at AGCS London/New...
What the PM Modi Twitter breach tells us about hackers
The world might not be so lucky next time. A few hacks of Twitter has proven to the rest of the community that this is a target with vulnerabilities, and others — possibly with state backing or terrorist links — will think of better ways to abuse that weakness than...
More than half a billion pushed into extreme poverty due to health costs:World Bank
In 2019, prior to the pandemic, 68 per cent of the world’s population was covered by essential health services, such as reproductive health services; immunization services; treatment for HIV, TB and malaria; and services to diagnose and treat noncommunicable diseases...
Land and water ecosystems, ‘stressed to a critical point’
If the world keeps to the current trajectory, producing the additional 50 per cent more food needed, could mean an increase of 35 per cent, in the water withdrawals needed for farming That could create environmental disasters, increase competition for resources, and...
Omicron! Why it’s too soon to panic about COVID vaccines and the new variant
Currently fewer than 200 genetic sequences of Omicron have been compiled compared with more than 2.8 million Delta sequences. Delta remains the most dominant variant. So we should continue to use vaccines and therapies we know work against Delta. By Adam Taylor, Early...