Health

“This is really good news, because we can be confident that, at least in the short term, most people who get COVID-19 won’t get it again,” said David Eyre, a professor at Oxford’s Nuffield Department of Population Health, who co-led the study.

Social distancing most effective tool to combat COVID-19: Study

Nov 19, 2020 | Eco/Invest/Demography, Facts, Health, Pandemic

Coronavirus is a global pandemic with over 25 million cases worldwide. Currently, treatments are limited, and there is no approved vaccine. Interventions such as handwashing, masks, social distancing, and “social bubbles” are used to limit community transmission, but it is challenging to choose the best interventions for a given activity.

WHO advises against Gilead’s remdesivir for all hospitalised COVID-19 patients

Nov 19, 2020 | Eco/Invest/Demography, Facts, Health, Pandemic

The antiviral is one of only two medicines currently authorised to treat COVID-19 patients across the world, but a large WHO-led trial known as the Solidarity Trial showed last month that it had little or no effect on 28-day mortality or length of hospital stays for COVID-19 patients.

Pfizer, BioNTech conclude Phase 3 study of COVID-19 vaccine candidate, say it’s 95% effective

Nov 19, 2020 | Eco/Invest/Demography, Health, Non-Life, Pandemic

“The study results mark an important step in this historic eight-month journey to bring forward a vaccine capable of helping to end this devastating pandemic. We continue to move at the speed of science to compile all the data collected thus far and share with regulators around the world,” said Dr Albert Bourla, Pfizer Chairman and CEO

COVID-19: India records 45,576 infections, 585 fatalities

Nov 19, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

There are 4,43,303 active cases of coronavirus infection in the country as on date which accounts for 4.95 per cent of the total caseload, the data stated

The total recoveries have surged to 83,83,602, pushing the national recovery rate to 93.58?per cent, while the COVID-19?case?fatality rate stands at 1.47 per cent

Eightfold increase in tobacco smuggling during June-Oct 20 : FICCI CASCAD

Nov 19, 2020 | Eco/Invest/Demography, Facts, Health

Commenting on the development, FICCI CASCADE Chairman Anil Rajput said: “There has been an almost eightfold increase over the year, indicating that India continues to be a target for tobacco smugglers in spite of several restrictions. It is clear that criminal enterprises are continuing to seek ways of ensuring infiltration of smuggled goods into the country.”

India’s economy may continue to face Covid-19 aftershocks till 2025: Report

Nov 19, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic

Balance sheet stress that had been building before the coronavirus outbreak will probably worsen, Priyanka Kishore, head of economics for South Asia and South-East Asia, wrote in the report. She projects potential growth for India at 4.5% over the next five years, lower than 6.5% before the virus.

Lloyd’s of London sees global pandemic insurance losses above previous estimate

Nov 19, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance

Lloyd’s has proposed a “Black Swan” reinsurance scheme to governments globally to ensure better cover during circumstances such as the pandemic and other disturbances to business, but Carnegie-Brown said it was hard to get government attention on the topic so far.

“The challenge for governments of course is that they are very short-term focused… (it is) very difficult for them to lift their heads above the parapet and think about the future,” Carnegie-Brown said.

Santam loses virus-linked test case for S. African insurers

Nov 19, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance, Risk Management

The court agreed with the approach of the UK Financial Conduct Authority in settling business-interruption claims as a result of COVID-19 restrictions and ordered Santam to pay Ma-Afrika Hotels and Stellenbosch Kitchen for losses for an 18-month period, according to the judgment on Tuesday.