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IRDAI forms panel to explore possibility of an “Indian Pandemic Risk Pool”, to address BI risks arising out of a Pandemic event

There is a need to examine long-term solutions to address the various risks which have been triggered by the current pandemic and offer protection in case of a future similar crisis.Some of the risks like Business Interruption losses without concurrent material damage loss,loss of employment would result in huge losses much beyond the capacity of government /insurers /reinsurers, said IRDAI.

The panel will examine the the need for setting up a Pandemic Risk Pool giving rationale for the same,recommend the structure and operating model for the Pool within eight weeks. .

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Unite human,animal and environmental health to prevent the next pandemic: UN Report

The report identifies seven trends driving the increasing emergence of zoonotic diseases, including increased demand for animal protein; a rise in intense and unsustainable farming; the increased use and exploitation of wildlife; and the climate crisis. The report finds that Africa in particular, which has experienced and responded to a number of zoonotic epidemics including most recently, to Ebola outbreaks, could be a source of important solutions to quell future outbreaks.

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WHO acknowledges ‘evidence emerging’ of airborne spread of COVID-19

Speaking at Tuesday’s briefing in Geneva, Benedetta Allegranzi, the WHO’s technical lead for infection prevention and control, said there was evidence emerging of airborne transmission of the coronavirus, but that it was not definitive.
“…The possibility of airborne transmission in public settings – especially in very specific conditions, crowded, closed, poorly ventilated settings that have been described, cannot be ruled out,” she said.

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