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Max Life Insurance rebrands to Axis Max Life Insurance
“With Axis now an integral part of our identity, we are...
Give utilisation certificate for SDRF funds spent before seeking more money Kerala HC to govt
The court was hearing a plea initiated by it for prevention and...
Asian nations impose stricter COVID-19 restrictions due to Delta outbreaks
The U.S. Centers for Disease Control and Prevention (CDC) has described Delta to be as contagious as chickenpox and could cause severe illness, the New York Times reported, citing an internal CDC document. read more
Detected in some 96 countries, the Delta variant, first identified in India, has become a concern globally, prompting even countries with advanced vaccination programmes such as the United States, Israel and Singapore to re-impose some restrictions.
Israel’s president gets third COVID-19 shot, urges boosters for over-60s
“Israel is a pioneer in going ahead with the third dose for older people of the age of 60 and above. The fight against the COVID pandemic is global. The only way we can defeat COVID is together,” Bennett said. The booster campaign, with shots administered by health maintenance organizations, will effectively turn Israel into a testing ground for a third dose before approval by the U.S. Food and Drug Administration (FDA).
Do I need to get tested for COVID-19 if I’m vaccinated?
The latest guidance from the U.S. Centers for Disease Control and Prevention says people who are fully vaccinated should get tested three to five days after potential exposure, even if they don’t have symptoms.That change comes two months after the agency eased its initial testing guidance. In May, the CDC said vaccinated people face very little risk of serious illness and don’t need to be tested in most cases, even if exposed to someone who was sick. The thinking was that vaccinated people also weren’t likely to spread it to others.
Irish approves laws to make bankers and insurers more accountable
The new regime will apply to senior individuals in banks, insurance firms – excluding reinsurance companies – investment firms which are authorised to hold client monies or assets and third country branches of those categories.
The new laws will allow for additional fines and regulatory findings against individuals.
PM Modi launches website dedicated to AI, says will open way for AI-driven economy
“The Artificial Intelligence program, which has just been launched, will also make our youth future-oriented, opening the way for AI-driven economy. This will bring the digital revolution in the field of education,” he said.
Intensity of severe cyclonic storms increasing in North Indian Ocean region: Study
The increasing intensity of severe cyclonic storms with major socioeconomic implications was due to atmospheric parameters like higher relative humidity, especially at mid-atmospheric level, weak vertical wind shear as well as warm sea surface temperature (SST).
This indicates the role of global warming in bringing about this increasing trend, the study suggests.
Space Activities Bill under consideration to promote private players in sector
The Indian National Space Promotion and Authorization Centre (IN-SPACe) was created as an independent nodal agency under the Department of Space with the mandate of promoting, handholding, licensing, authorization and monitoring of private space activities in India. Access to Department of Space (DOS) facilities and expertise is extended to private entities to support their space activities.
Record global InsurTech funding balloons to $4.8 billion in Q2, H1 2021 investment exceeds full-year flow in 2020:Willis Towers Watson
InsurTechs focused on distribution accounted for 55% of start-up deals, and for 10 of the 15 mega-rounds. Most of the distribution InsurTechs target reduced dependence on agent channels.
Of all Q2 deals, 73% were for P&C-related InsurTechs, while 43 companies raised funds for L&H technology. Funds were raised by companies from 35 countries, including new entrants Botswana, Mali, Romania, Saudi Arabia, and Turkey.
China urges insurers to increase offerings for natural disaster coverage
Chinese insurers have received a total 376,200 claims relating to the Henan floods as of July 26, the CBIRC said, and the total payouts so far reached 492 million yuan.
Covid R-value climbing steadily in country; Kerala, NE states top list
“India’s overall active cases are fluctuating too much to get a reliable estimate, but data is pointing at a value close to 1. It may tip over either way in the coming few days,” said Sitabhra Sinha of the Institute of Mathematical Sciences, who is leading the team.