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“60 ships, 12 aircraft out at sea every day”, says Coast Guard DG Rakesh Pal on countering rising piracy
On being asked about how the Indian Coast Guard (ICG) is keeping...
Foreigners turn cautious on India stocks as selling crosses $3 bn
In 2023, global investors bought $21.4 billion of Indian shares on...
Pandemic-proofing: Insurance may never be the same again
Marsh, the world’s biggest insurance broker, has teamed up with AXA XL, part of France’s AXA,and data firm Arity, which is part of Allstate, to help businesses such as U.S. supermarket chains, restaurants and e-commerce retailers cope with the challenges of social distancing.
Tech firm Machine Cover, for example, aims to offer policies next year that would give relief during lockdowns. Using apps and other data sources, the Boston-based company measures traffic levels around businesses such as restaurants, department stores, hairdressers and car dealers
General and health insurers launch mandatory Corona covers,Bajaj Allianz General’s prm ranges between Rs447 to Rs 5,630 for a Rs 50k policy
The ‘Corona Kavach’ policy indemnifies policyholders for medical expenses on hospitalization for the treatment of the virus and includes the expense incurred on treating co-morbidity along with COVID-19. The policy will also cover road ambulance expenses, in case the service is opted for the purpose of hospitalization due to COVID-19. Home Care Expenses benefit (upto a period of 14 days) will also be covered in the policy for those seeking treatment within the comfort of their own homes, on the advice of a medical practitioner,said HDFC Ergo General Insurance.
Record single-day jump of 26,506 COVID-19 cases in India
Why reveal names of COVID-19 patients? it involves privacy: Bombay HC
The PIL said when the fundamental right to life and right to lead a healthy life clash with the fundamental right to privacy, then the court needs to see which of these rights would advance public morality and interest.
India panel proposes new regulator for non-personal data: draft report
“There is a need to create a regulator or authority for data business, which provides centralized regulation for all non-personal data exchanges,” the government-appointed panel said in the report.
Business interruption insurance claims are a worry, BoE says before court rules
Britain’s Financial Conduct Authority goes to court this month to clarify whether an array of wordings in business interruption insurance policies back claims for compensation for disruptions caused by pandemic lockdowns.
AXA’s fund arm sets 33% gender diversity target on company boards
The asset management unit of French insurer AXA said on Wednesday it will also introduce a target to have at least one woman on listed company boards in Japan and in emerging markets, or 10% for larger boards.
Chubb wants U.S. to offer businesses pandemic cover, with insurers taking some risk
Under Chubb’s plan, the government would offer up to $750 billion in coverage for small businesses with up to 500 employees. Of that, the industry would pay for 6% of claims, or up to $15 billion, during the program’s first year, growing annually to 12% by year 20. COVID-19, the disease caused by the novel coronavirus, would be excluded.
India’s COVID tally climbs to 7,67,296
“Around 62.08 per cent of patients have recovered so far,” an official said.
Of the 487 deaths, 198 are from Maharashtra, 64 from Tamil Nadu, 54 from Karnataka, 48 from Delhi, 23 from West Bengal, 18 from Uttar Pradesh, 16 from Gujarat, 12 from Andhra Pradesh,
Tesla ‘very close’ to level 5 autonomous driving technology, Musk says
Tesla is also developing new heat projection or cooling systems to enable more advanced computers in cars, Musk said, hailing the company’s team in China for doing an “amazing job”.