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Weekly coronavirus cases top 300,000 in Europe, WHO issues warning

Roughly 30 million people have been infected by the virus worldwide and more than 900,000 have died, triggering some of the deepest recessions on record and disrupting global supply chains,
European countries from Denmark to Greece announced new restrictions on Friday to curb surging coronavirus infections in some of their largest cities, while Britain was reported to be considering a new national lockdown.Cases in the United Kingdom almost doubled to 6,000 per day in the latest reporting week, hospital admissions rose and infection rates soared across parts of northern England and London,
Israel’s government announced Saturday it would impose a three-week nationwide lockdown in an effort to stem one of the world’s highest novel coronavirus infection rates after a surge in cases.

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Biden rejects Trump claim that COVID-19 vaccine is imminent

Trump again said on Wednesday that a vaccine for COVID-19, the disease caused by the virus, could be ready for distribution ahead of the Nov. 3 election.

Most health experts, including Robert Redfield, the director of the Centers for Disease Control and Prevention, have said a vaccine will likely not be widely available until mid-2021.COVID-19 has killed more than 195,000 people in the United States, the most of any country.

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IRDA to unveil standard Term Policy and covers for MSME and small dwellings soon:Khuntia 

The guidelines regarding the standard products for term plans, dwelling and MSMEs will be rolled out soon by the regulator, said Subhash C Khuntia, chairman  Irdai, while addressing CIIs 22nd Insurance and Pension Summit on Thursday.
The segment regulator is also looking to introduce the risk-based solvency for the insurance companies in next three years. 

The regulator also believes that negative growth seen in the new premiums for insurance industry since March, will improve in the months to come. 

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GIC Re to manage Rs 75k cr Pandemic Pool,mandatory cover & parametric claim payment:IRDA Panel

Pandemic pool,with public-private-government participation, to cater 4 crore MSME workers,around Rs2000 crores of capacity expected from the industry and a substantial capacity coming from government in the form of backstop. Multiple trigger mechanism will be set separately for an epidemic and a pandemic event.Participation will be mandatory for the sectors which have been covered under the pool. This can be provided as a Standalone Product coverage for the event or as an add-on with the existing products.
“We are now putting the report on the formation of Pandemic Pool for the public feed-back and will soon set up the Pool,” said SC Khuntia, chiarman, IRDAI..

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Facebook says will no longer show health groups in recommendations

Misleading health content has racked up an estimated 3.8 billion views on Facebook over the past year, peaking during the coronavirus pandemic, advocacy group Avaaz said in a report here last month.

Facebook, under pressure to curb such misinformation on its platform, has made amplifying credible health information a key element of its response. It also removes certain false claims about COVID-19 that it determines could cause imminent harm.

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WHO says safety comes first as over 170 nations join COVID-19 vaccine plan

“We already face challenges with vaccine acceptance for many proven vaccines,” WHO chief Tedros Adhanom Ghebreyesus said in pre-recorded comments, as he spoke about the push to rapidly develop vaccines.

“We cannot risk having an effective vaccine for COVID-19 that people refuse because of the perception that it is unsafe.”

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