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Protection Gap: Rising life insurance demands from Urban India, says Max Life Study
-Max Life's India’s Protection Quotient (IPQ) reveals that 3 in 4...
IMA and Hospital Board of India raise concerns over newly launched `Cashless Everywhere’ scheme
The `Cashless Everyehere’ initiative has been rolled out without...
Prudential partners PAI Health to measure physical activity on digital health app,Pulse
PAI Health services will be available to Pulse users across 11 markets in Asia.
Nic Nicandrou, chief executive of Prudential Corporation Asia, said, “It has never been a more important time than now to help people build health resilience and boost immunity by adopting a more active lifestyle. Through Pulse, we are committed to providing leading technology, content and services to help people live healthier lives. We are excited to add PAI Health’s programme to our platform and provide new actionable heart health insights to users, so we can help them live healthy and well, for longer.”
Global airlines less hopeful on COVID-19 recovery
“The second half of this year will see a slower recovery than we’d hoped,” IATA Chief Economist Brian Pearce said. June passenger numbers were down 86.5% year-on-year, the organisation said, after a 91% contraction in May.
Recovery prospects are weakened by the spread of COVID-19 in the United States and developing countries together representing 40% of global air travel, IATA said.
WHO says COVID-19 pandemic is ‘one big wave’, not seasonal
“People are still thinking about seasons. What we all need to get our heads around is this is a new virus and…this one is behaving differently,” Margaret Harris told a virtual briefing in Geneva, urging vigilance in applying measures to slow transmission that is spreading via mass gatherings
Floods,coronavirus hobble two of India’s poorest states
The floods in Assam, where at least nine one-horned rhinos have drowned in an inundated national park, have so far affected 5.7 million people, more than 45,000 of whom are still sheltered in makeshift relief centres.
In Bihar, floods have stranded more than 2.4 million people, with around 12,800 staying in government shelters, complicating efforts by officials to enforce social distancing measures to halt the spread of the novel coronavirus in the state.
Moderna,Pfizer start decisive COVID-19 vaccine trials,eye year-end launches
Moderna could have tens of millions of doses ready when and if the vaccine is deemed safe and effective, Collins told reporters on a call.
Pfizer said that if the trial was successful, it could seek regulatory approval as soon as October and supply vaccines for 50 million patients, at two doses each, by the end of the year.
Hunger killing over 10,000 children a month owing to Covid-19 curbs: UN
The leaders of four international agencies, the World Health Organization, UNICEF, the World Food Program and the Food and Agriculture Organization have called for at least dollar 2.4 billion immediately to address global hunger.
But even more than lack of money, restrictions on movement have prevented families from seeking treatment, said Victor Aguayo, the head of UNICEF’s nutrition program.
Cat tests positive for coronavirus in England
Both the cat and the humans made a full recovery and there was no transmission to any other animals or people in the household, the ministry said without identifying the individuals involved.
“This is the first case of a domestic cat testing positive for COVID-19 in the UK but should not be a cause for alarm,” said Yvonne Doyle, medical director at Public Health England.
The WHO has said it will investigate the possibility of cat-to-human infection, but its chief scientist has said there is “very little risk” from domestic animals.
Munich Re Automation Solutions announces partnership with new Asia-Pacific clients
By utilising Munich Re’s underwriting rules and expertise through ALLFINANZ’s analytics and reporting capabilities, HLA and HLM Takaful will be able to streamline their current underwriting processes and be more cost effective
InsurTech fundraising rebounds as over $1.5 billion invested in Q2 2020; four more ‘mega-rounds’ completed
At 74, deal count was down 23% from Q1, but many individual rounds were larger as investors continued to turn away from Seed and Angel deals in favour of support for more mature ventures. P&C sector investments predominated, accounting for 68% of funding, but the share of L&H sector investments was up 17 points to 32%, as the pandemic crisis continues to compound the value of technology, and particularly telehealth, in the segment. Also notable was the initial public offering of Lemonade and the acquisition of two incumbent insurance companies by InsurTechs, Hippo and Buckle
India’s COVID-19 tally climbs to 14,83,156, recoveries climb to 9,52,7
Of the 654 deaths reported, 227 are from Maharashtra, 77 from Tamil Nadu, 75 from Karnataka, 49 from Andhra Pradesh, 39 from West Bengal, 30 from Uttar Pradesh, 26 from Delhi, 22 from Gujarat, 17 from Telangana, 12 from Punjab, and 10 from Rajasthan.