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Apr1 Renewals: New reinsurance opportunities in Indian market
In contrast to last year’s renewal, 4/1 saw a resurgence in...
Strong earthquake strikes Taiwan, tsunami waves detected in Japan
Taiwanese television showed buildings in Hualien shaken off their...
Nearly nine of 10 workers want to keep work-from-home option: survey
Cisco Vice President Gordon Thomson said companies would have to reconfigure how they operate to help meet the new demands of workers, who prioritised effective communication and collaboration above everything else.
Climate Change means more Weather Disasters every year
The 2020 State of Climate Services report, compiled by 16 international agencies and financing institutions, calls on governments to put more money into early-warning systems that can improve countries’ ability to prepare for, respond to and mitigate the impact of such natural disasters.
“While COVID-19 generated a large international health and economic crisis from which it will take years to recover, it is crucial to remember that climate change will continue to pose an on-going and increasing threat to human lives, ecosystems, economies and societies for centuries to come,“ said WMO Secretary-General Petteri Taalas.
Asia-Pacific countries begin to ease pandemic-related travel bans, but hurdles remain
For now, few people are likely to travel because of testing and insurance requirements, and in some cases the need to quarantine upon return home, meaning the deals offer limited hope for airlines and the tourism industry.
A Singapore-Indonesia deal announced on Monday for essential business and official travel will require an application and COVID-19 swab tests both before and after travel.
Solar the new ‘king of electricity’ as renewables make up bigger slice of supply: IEA
Despite the increase in solar and wind power, carbon emissions are projected to pick up in 2021 after a 2.4 gigatonne (Gt) drop in 2020, and to exceed 2019 levels in 2027 before growing to 36 Gt in 2030, it added.
The IEA said gaps remain in many cases between long-term ambitions and specific near-term plans to curb emissions.
U.N. chief urges development banks to stop financing fossil fuel projects
United Nations Secretary-General Antonio Guterres urged a virtual meeting of a coalition of finance ministers and economic policymakers from dozens of countries to ensure development banks phase out fossil fuel investments, rapidly scale up support for renewable energy, and back projects to help those most exposed to the impacts of climate change.
Age may not contribute to COVID-19 infection risk: Study
According to the study, published in the journal Scientific Reports, causes of mortality in elderly individuals may be due to two factors.
The first is how likely they are to be infected due to their advanced age, which is reflected in the number of cases, and the second is how likely they will be affected by a severe form of the disease due to their advanced age, which is reflected in the mortality rate.
New COVID-19 cases to below 60k daily, caseload rises to 71,75,880
There are 8,38,729 active cases of coronavirus infection in the country which comprises 11.69 per cent of the total caseload, the data stated
The COVID-19?case fatality rate was recorded at 1.53 per cent
A collapse of global tax talks could cost $100 billion, says OECD
The aim is update international tax rules for the age of digital commerce, in particular to discourage big Internet companies like Google, Facebook and Amazon from booking profits in low-tax countries like Ireland regardless where their customers are.
In the absence of a new international rulebook, a growing number of governments are planning theirIn the absence of a new international rulebook, a growing number of governments are planning their own digital services taxes, which has prompted threats of trade retaliation from the Trump administration.
General Insurance Industry’s prm remains flat at Rs 97K cr ,New India’s growth stays uniquely positive in H1 FY2020-21
New India Assurance ,which has consistently maintained a positive growth since Covid-19 pandemic outbreak in March, has completed both H1 FY 20-21, and September month with a positive growth. The total premium of the largest general insurance company, at Rs14,100 crore, has gone up by 4 per cent y-o-y in H1 FY2020-21.
The industry’s health portfolio,which has emerged as the largest portfolio,by displacing motor business, has now a market share of 31 per cent and , has grown by 13 per cent y-o-y to Rs 22,903 crore in the first five months(Apr-Aug) of the current fiscal.
The market share of motor portfolio, generating a total premium of Rs 22, 253 crore, down 16 per cent, in H1 FY2020-21, has fallen from 37 per cent, as of Sept, 2019-20, to 30 per cent in Sept, 2020-21.
Exposure to COVID-19 does not guarantee immunity, reinfection causes more severe symptoms, finds Lancet study
“The possibility of reinfections could have significant implications for our understanding of COVID-19 immunity, especially in the absence of an effective vaccine,” said Mark Pandori, for the Nevada State Public Health Laboratory and lead study author.
“We need more research to understand how long immunity may last for people exposed to SARS-CoV-2 and why some of these second infections, while rare, are presenting as more severe.”