Category:

Disaster & Management

Insurers need to be flexible with customers following unemployment spikes,says GlobalData

“Insurers need to be flexible with their customers in order to reduce the impact of rising unemployment. Payment holidays can help for a limited time period. Insurers should also be flexible and allow their customers to adjust their level of cover to one that is more affordable for them. The development of usage-based policies and short-term, on-demand policies with lower premiums will also help insurers retain some of their customers during difficult times, said Yasha Kuruvilla, Insurance Analyst at GlobalData

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Govt warns against large-scale phishing attacks using COVID-19 as bait

‘Such emails are designed to drive recipients towards fake websites where they are deceived into downloading malicious files or entering personal and financial information,’ Indian Computer Emergency Response Team (CERT-In) said in its latest advisory dated June 19.

The advisory noted that the ‘malicious actors’ are claiming to have 2 million individual/citizen email IDs and are planning to send email with the subject line: free COVID-19 testing for all residents of Delhi, Mumbai, Hyderabad, Chennai and Ahmedabad in a bid to coax users to disclose personal information

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Mukesh Ambani, Asia’s wealthiest man, joins club of world’s 10 richest

The net worth of Mukesh Ambani, chairman of Reliance Industries Ltd., has jumped to $64.5 billion, making him the only Asian tycoon in the exclusive club of the world’s top 10 richest people, according to the Bloomberg Billionaires Index. He overtook Larry Ellison of Oracle Corp. and France’s Francoise Bettencourt Meyers, the wealthiest woman, to reach the No. 9 spot.mbani, who owns 42% of Reliance, has benefited from a flurry of investment into the company’s digital unit, Jio Platforms Ltd., that Reliance said has made it net-debt free ahead of a March 2021 target. The shares of the Indian conglomerate have doubled from a low in March, just as other billionaires on the list have been hit by the impact of the coronavirus pandemic.

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Coronavirus pandemic accelerating with Americas worst, warns WHO

With many nations easing restrictions but fearful of a second wave of infections, WHO emergencies expert Mike Ryan urged a gradual and scientific approach.“Exiting lockdowns must be done carefully, in a step-wise manner, and must be driven by the data,” he said. “If don’t know where it is the chances are the virus will surprise you.”

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South Asian COVID-19 patients in UK hospitals 20% more likely to die: study

Explanations could be that more South Asians work in jobs where they would face a higher viral load, such as health and care, or genetic differences which made the group biologically more susceptible to the disease, but more work needed to be done, he told reporters.Data from the Office for National Statistics on Friday supported the idea that ethnic minorities are more at risk from COVID-19, although whether it is because certain groups are more likely to contract it to start with, or are more susceptible to it, is still unclear.

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Glenmark launches Covid-19 drug FabiFlu, priced at Rs 103 per tablet

The Mumbai-based firm had on Friday received the manufacturing and marketing approval from the Drugs Controller General of India (DCGI).

“This approval comes at a time when cases in India are spiralling like never before, putting a tremendous pressure on our healthcare system,” Glenmark Pharmaceuticals Chairman and MD Glenn Saldanha said in the statement.

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