Prime Minister Narendra Modi The theme of the Forum, 'GIFT-IFSC:...
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IFC,DFC and African Risk Capacity launch reinsurance fund to protect African smallholders impacted by climate crisis
Despite these increasing risks, subsidized agri-insurance is only...
Oneglobal and Floodbase partner to develop parametric flood insurance programs across Asia
Connected through Lloyd's Lab, the two organizations recognized a...
Parametric insurance could offer hotels relief from Coronavirus cancellations
The new hotel product is led by Tokyo Marine Kiln (TMK) and underwritten by Chaucer, Munich Re Syndicate, Beazley, Faraday and AXIS.
Coronavirus may force companies to rethink global supply chains: OECD Economist
The sprawling, continent-crossing supply chains of corporations have already come under pressure from trade tensions and climate concerns, and may face further stress as countries change global taxation rules. If and when the dust settles from the coronavirus, OECD’s chief economist Laurence Boone said firms will likely pause to reconsider what they do.
Half of world’s sandy beaches May Disappear, Say Climate Researchers
-Some countries will be more affected than others, the researchers said. Gambia and Guinea-Bissau in West Africa could lose more than 60% of their beaches, while predictions for Iraq, Pakistan, the island of Jersey in the English Channel and the Pacific island of Palau are similarly dire.
-Australia would be hardest-hit in terms of total beach coastline lost, with over 12,000 kilometers (7,500 miles) at risk. The United States, Canada, Mexico, China, Iran, Argentina and Chile would also lose thousands of kilometers (miles) of beach, according to the study.
What if you can’t afford to fight Coronavirus?
Nearly three-quarters of all deaths from infectious disease in 2016 happened in sub-Saharan Africa, South Asia and Southeast Asia. While just 5% of Europeans die from infections, the rate in Africa is more than 40%.(2) Conditions such as HIV, diarrhea and malaria have seen precipitous declines south of the Sahara in recent years, but diseases of the nose, throat and lungs like influenza remain far more prevalent. After cardiovascular and neonatal conditions, respiratory infections are now the leading cause of death in Africa.
Confirmed coronavirus cases rise to 28,includes 16 Italian tourists: Harsh Vardhan
Of the total number of coronavirus cases, 6 are from Agra, 1 in Delhi, 16 Italians and their Indian driver, 1 in Telangana and 3 in Kerala. The patients in Agra are relatives of a Delhi-based man who tested positive for disease.
Fed cuts rates to blunt coronavirus impact, markets drop
Fed Chair Jerome Powell reiterated his view that the U.S. economy remains strong, but said the spread of the virus had caused a material change in the U.S. central bank’s outlook for growth.
Merger of 10 public sector banks into 4 to come into effect from Apr 1: FM
United Bank of India and Oriental Bank of Commerce will be merged with Punjab National Bank; Syndicate Bank will be merged with Canara Bank; Allahabad Bank will be amalgamated with Indian Bank; and Andhra Bank and Corporation Bank will be consolidated with Union Bank of India.
Coronavirus: DGCA tells airlines to give protective gear to staff, fliers
Traceability of crew should be well documented in the event of crew members being exposed to a suspected novel coronavirus case, said the DGCA circular that was addressed to all airlines, airports and ground handling agencies.
Policyholders prefer “Term insurance with return option”:Max Life Insurance Survey
New Delhi: A country wide survey by the Delhi based Max Life Insurance Company has found that seven in 10 people in India are interested in term plans with return on premium option. ``68% Indians or nearly 7 in every 10 individuals consider return...