The maintenance of the pristine sanctity of venerated rivers,...
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World population will be 8.09 billion on New Year’s Day after a 71 million increase in 2024
The 0.9% increase in 2024 was a slight slowdown from 2023, when the...
Airlines to mandatorily share int’l passenger data with customs from Apr 1
Details ranging from mobile number, and payment mode to travel...
EPFO adds 1.283 million members in June amid Covid-19
Of the total 12.83 lakh net subscribers added in June, around 8.11 lakh have come under the social security coverage of Employees’ Provident Fund scheme for the first time.
Over 3.86 crore people didn”t get 2nd dose of Covid vaccines within stipulated time: Govt
According to information on the CoWIN portal, as of Thursday afternoon 44,22,85,854 people have received their first dose, while 12,59,07,443 have also taken their second.
Indian states preparing for next COVID wave focus on children
As of March 2021, less than 1 pct of India’s coronavirus deaths were in the under 15 age group, according to the health ministry, and officials say the severity of the disease in this age group has been minimal so far.India provides vaccines to people above the age 18. Most vaccines administered in India are made by AstraZeneca Plc, while shots produced by local manufacturer Bharat Biotech are also being used.
Pfizer, AstraZeneca vaccines less effective against Delta variant: Study
The researchers, however, noted that with Delta, Pfizer-BioNTech vaccine and Oxford-AstraZeneca preventive, known as Covishield in India, still offer good protection against new infections.
Two doses of either vaccine still provided at least the same level of protection as having had COVID-19 before through natural infection, they said.
Marsh and Citi develop innovative cover, to help speed global delivery of COVAX vaccines
The policy is underwritten by six leading insurers: AXA XL, Chubb, Liberty Specialty Markets, Sovereign Risk Insurance, Swiss Re Corporate Solutions, and Tokio Marine HCC.
Stephen Kay, Political Risk Leader, Marsh said: “Striving for greater global vaccine equity by increasing vaccination rates worldwide will not only help countries recover faster from the impact of the pandemic, but may also reduce the risk of new variants that come from high levels of community transmission. This innovative structure will hasten that process by allowing Gavi to procure and distribute vaccines more speedily and with greater financial confidence.”
AXA XL adds pollution insurance underwriters in the US; promotes environmental claims leader
According to MaryAnn Susavidge, Chief Underwriting Officer for AXA XL’s Environmental insurance business, “The Environmental insurance market continues to show growth opportunities, largely driven by increased construction and M&A activities. Companies looking to minimize their potential environmental liabilities find that pollution insurance is an effective risk management option. “
Natural disasters spurred by climate volatility remain a focus area for Asian reinsurers:Fitch
The protection gap signals vast potential for reinsurance growth, but Asian reinsurers face challenges in enhancing their risk mitigation capability and managing premium pricing adjustments in light of the frequent catastrophe losses.
The Covid-19 pandemic has dampened Asia’s economic growth and development, but it has also raised the importance and demand for reinsurance.
Indian businesses suffer more cyber attacks with remote working
Despite being over a year into remote working and the possibility of a likely shift to hybrid working models, security remains a key concern for the Indian businesses, the report said, adding that managing security risks is undoubtedly getting more challenging in the country.
For respondents from India, malware (56 per cent) is the leading source of security attacks followed by ransomware (53 per cent), and phishing and credential stuffing (both 43 per cent).
Tokio Marine Insurance hit by ransomware attack in Singapore
“At this time, we can confirm that there is no indication of a breach of any customer information nor confidential information of the group, We have appointed an external specialized vendor to perform a third-party analysis of the systems to verify scope of impact,”” said the group in the statement.
UK court sets scene for $14 bln-plus class action against MastercardL
Merricks alleges Mastercard charged excessive “interchange” fees – the fees retailers pay credit card companies when consumers use a card to shop – between May 1992 and June 2008 and that those fees were passed on to consumers as retailers raised prices.