India contributes two-thirds of the global mortality due to oral...
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Tesla vs Tesla: US carmaker sues Indian namesake for copying trademark
Tesla in a hearing at the Delhi High Court this week said the...
SC asks Centre to furnish details on notices, arrests done under GST Act
"You furnish the data on notices issued and arrests made under the...
Moderna to ask US, European regulators to OK its vaccine for emergency use
Moderna created its shots with the U.S. National Institutes of Health and already had a hint they were working, but said it got the final needed results over the weekend that suggest the vaccine is more than 94% effective.
Moderna is just behind Pfizer and its German partner BioNTech in seeking to begin vaccinations in the U.S. in December. Across the Atlantic, British regulators also are assessing the Pfizer shot and another from AstraZeneca.
India”s COVID-19 tally rises to 94.31 lakh with 38,772 fresh cases
The number of people who have recuperated from the disease surged to 88,47,600, pushing the national recovery rate to 93.81 per cent. The COVID-19 case fatality rate declined further to 1.45 per cent.
The active COVID-19 caseload remained below five lakh for the 20th consecutive day.
Swiss Re to set up new fund for institutional and designated investors to access Nat Cat biz
Martin Bisping, CEO of Swiss Re Insurance-Linked Investment Management said: “This new fund will open a unique opportunity for investors to invest in the same book of business as Swiss Re, benefitting from Swiss Re’s global reach, client access, risk knowledge and underwriting.“
Bharti AXA Life posts 10% growth in renewal premium to Rs 594 crore in H1 FY2020-21
MUMBAI/NEW DELHI: Bharti AXA Life Insurance, today said the company registered 10 per cent growth in its renewal premium to Rs 594 core in the first half of the financial year 2020-21 from Rs 541 crore in the corresponding fiscal period a year ago. The COVID-19...
Dictionary.com picks ‘pandemic’ as its 2020 word of the year
Asymptomatic, furlough, non-essential, hydroxychloroquine and a host of other pandemic-related words saw massive increases in lookups as well. Jennifer Steeves-Kiss, chief executive officer of Dictionary.com, said one key ingredient in the hunt for the site’s word of the year is sustained interest over time. Pandemic met that standard.
“Nivar cyclone extensively damaged crops in over 6.59 lakh Hectares”
“We are going to set up AP State General Insurance Company, which will cover crop insurance to farmers who registered under e-Crop,” Andhra Pradesh, state Agriculture Minister K Kanna Babu said
Russian hospital says it began civilian coronavirus vaccinations last week
Domodedovo’s Central City Hospital said on its website that residents wanting for inoculation had to register on a government website in advance and bring along a negative COVID-19 test result and ID documents on the day.
Pandemic Motors: Europeans snap up old cars to avoid public transport
The surge in interest in used cars is neither good news for struggling mass transit networks nor the environment as dirty old cars appear to be more in demand than new electric vehicles.
In the longer term, however, the shift away from public transport towards “individual mobility” in the pandemic era is expected to help carmakers, hit by a 27% slump in new vehicle sales across Europe in the first 10 months of 2020.
Insurers winning most, but not all, Covid-19 business interruption lawsuits
The stakes are high for thousands of businesses. The outbreak has led to a surge in U.S. bankruptcies, including rental-car company Hertz Global Holdings Inc. Century 21 Stores said it couldn’t survive after its insurer denied its business-interruption claim.
But the pandemic is also squeezing insurers. In the second quarter — after the initial shutdowns — Chubb Ltd. reported $1.16 billion in Covid-19 losses. Munich Re said this month coronavirus losses keep growing. Overall, the industry could face at least $100 billion in total underwriting losses from the pandemic, Lloyd’s of London predicted in May.
Centre asks states, UTs to ensure fire safety measures in hospitals
The home secretary said occurrence of various fire incidents in hospitals and nursing homes in recent past and non-adherence of fire safety measures by authorities in their respective jurisdiction is a matter of concern.