Vivek Joshi, Secretary, Department of Financial Services (DFS), for...
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Cat bond market is defying the global selloff with record returns
Big reinsurers like Swiss Re and Munich Re, as well as some...
India to start monitoring high-risk glacial lakes next year
There are 56 at-risk glacial lakes in India and the urgency to...
As insurers face hefty pandemic losses,newcomers see chance to step in
A lot of firms are reducing the amounts of business they do in certain types of insurance, creating space for new entrants, said Convex deputy chief executive Paul Brand.Investors’ appetite for higher returns when central banks are putting in trillions of dollars in stimulus is attracting them to insurance.Broker Hyperion estimates around $16 billion in capital has already been raised by insurers this year, compared with $9 billion over the same period last year.
India’s COVID-19 tally crosses 7-lakh mark
New Delhi: India's COVID-19 tally raced past the seven-lakh mark on Tuesday after a single-day spike of 22,252 infections, five days after crossing the six-lakh post, while the death toll breached the 20,000 mark, according to the Union Health Ministry data. It...
Unite human,animal and environmental health to prevent the next pandemic: UN Report
The report identifies seven trends driving the increasing emergence of zoonotic diseases, including increased demand for animal protein; a rise in intense and unsustainable farming; the increased use and exploitation of wildlife; and the climate crisis. The report finds that Africa in particular, which has experienced and responded to a number of zoonotic epidemics including most recently, to Ebola outbreaks, could be a source of important solutions to quell future outbreaks.
WHO acknowledges ‘evidence emerging’ of airborne spread of COVID-19
Speaking at Tuesday’s briefing in Geneva, Benedetta Allegranzi, the WHO’s technical lead for infection prevention and control, said there was evidence emerging of airborne transmission of the coronavirus, but that it was not definitive.
“…The possibility of airborne transmission in public settings – especially in very specific conditions, crowded, closed, poorly ventilated settings that have been described, cannot be ruled out,” she said.
COVID-19 cases hit 5.9 million in Americas, half in Latin America, Caribbean: WHO
Some of Latin America’s most persistent problems have contributed to the scale of the pandemic in the region, Etienne said: inequality, political division and health systems that have been weakened by years of under-investment.
Japan household spending slumps as curbs hit travel, dining out
The government already compiled two spending packages worth a combined US$2.2 trillion to offset the hit from the pandemic, which included cash handouts of 100,000 yen (S$1,300) per citizen.
Mylan to launch generic remdesivir version in India at $64 per 100 mg vial
Remdesivir is in high demand after the intravenously-administered medicine helped to shorten hospital recovery times in a clinical trial. On Friday, it got conditional approval from the European Commission for use in severe COVID-19 patients.
Panel probing deadly south Indian gas leak finds LG Polymers negligent
“There were no proper preventive mechanisms to avert such incidents and the warning siren facility was also not in order,” the Andhra Pradesh government statement on the committee’s findings said
Eco package,opening up of economy post lock down have begun showing results: Survey
The Ficci-Dhruva Advisors industry survey was conducted in June 2020 and saw participation of over 100 top corporate executives (CxOs) from across sectors.
“While the green shoots of recovery are being seen, it is important to emphasise that sustaining this improvement in the operational parameters of businesses will require continuous support from the government.
Chinese city sounds alert for Bubonic Plague amid second wave Of Covid-19
Bubonic plague is a bacterial disease that is spread by fleas living on wild rodents such as marmots. It can kill an adult in less than 24 hours if not treated in time, according to the World Health Organization (WHO).
The news of bubonic plague came after Chinese researchers issued an early warning over another potential pandemic caused by an influenza virus in pigs.