Unless the existent issue of muted demand for insurance, especially...
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Govt proposes scrapping of minimum capital for insurers
The department of financial services (DFS) has said these...
Study reveals that diet can reduce risk of cardiovascular disease by 10 per cent
A healthy diet is one important lifestyle strategy for lowering CVD...
US births fall to 35-year low, and virus could drive them down more
The economy is a factor, but not because of short-term cycles in hiring. Many jobs are low-paying and unstable, and that coupled with high rents and other factors have caused women and couples to be much more cautious about having kids, said Dr. John Santelli, a Columbia University professor of population and family health.
UK’s Covid-19 Support Fund by insurers aims to raise £100 million
The fund is supported by members of the ABI (Association of British Insurers), The British Insurance Brokers’ Association (BIBA), Lloyd’s, and The London Market Group (LMG).
IRDA to extend renewal payment date for motor & health policies till June 1st week
IRDAI forthcoming decision will also include continuation of cover, Standard Fire and Special Perils Policy(commonly known as property policy)- by the general insurers to the “unoccupied properties’’.for more than one month
Coronavirus impact:Foreign investors look to exit India, withdraw $6.4 billion in March quarter
Cumulatively for the March quarter, FPIs were net sellers in the Indian equity markets to the tune of USD 6.4 billion, which is in sharp contrast to the previous quarter, when they bought net assets worth USD 6.3 billion.
World Bank says COVID-19 to push 60 million into poverty; announces $160 billion assistance to 100 countries
“To return to growth, our goal must be rapid, flexible responses to tackle the health emergency, provide cash and other expandable support to protect the poor, maintain the private sector, and strengthen economic resilience and recovery,” Malpass said.
WHO states agree to independent probe of UN agency’s coronavirus response
Countries taking part in the WHO’s annual assembly, being held virtually for the first time, adopted a resolution by consensus urging a joint response to the crisis.
The resolution, tabled by the European Union, called for an “impartial, independent and comprehensive evaluation” of the international response to the pandemic, which has so far infected more than 4.8 million people and killed over 318,000.
Microsoft to adapt its cloud software for healthcare industry
Microsoft said it will pull all of its technologies together into a package it calls “Microsoft Cloud for Healthcare.” The system will allow hospitals to maintain data throughout an interaction with a patient
Global CO2 emissions could fall by up to 7% this year amid pandemic: research
China saw the largest drop in emissions in April, followed by the United States, Europe and India.
In the countries with the strictest lockdown restrictions, emissions from aviation plunged 75% in early April, while emissions from land transport fell by 50% and from power generation by 15%.Emissions from industry declined by around 35%, with a lack of data causing some uncertainty. Emissions from residential buildings, however, increased by 5%, the study said.
Johnson & Johnson to stop selling talc-based baby powder in U.S. and Canada
J&J faces more than 16,000 lawsuits from consumers claiming its talc products, including Johnson’s Baby Powder, caused their cancer. The majority are pending before a U.S. district judge in New Jersey.
The lawsuits allege that the company’s talc products have been contaminated with asbestos, a known carcinogen. J&J said it “remains steadfastly confident in the safety of talc-based Johnson’s Baby Powder,” citing “decades of scientific studies.”In April, a New Jersey judge ruled that thousands of plaintiffs who allege that J&J’s talc products caused cancer can go forward with their claims, but face limits on what expert testimony will be allowed in trials.
India coronavirus infections surge past 100,000, deaths top 3,000
New cases have continued to rise by an average of over 4,000 each day over the past week. India officially extended its lockdown on Sunday to May 31, although several states indicated they would allow businesses to reopen.