The average total spending per day of hospitalisation in India was...
Category:
Health
Latest
General insurance industry’s prm rise 16% to Rs 20,423 crore in Oct, pvt sector gains market share by 2%
The private sector general insurers have further expanded their...
15,000 killed by hot weather in Europe in 2022: WHO
"This is the fastest-warming region, according to a report launched...
Tens or 100s of billions? Insurers consult crystal balls on coronavirus costs
Losses could exceed $500 billion if state lawmakers require insurers to cover business-interruption claims for pandemic losses, former CNA Financial Corp Chief Executive Dennis Chookaszian told Reuters. Most policies exclude that risk, but insurers are facing lawsuits over it and eight U.S. states are considering laws to retroactively make insurers pay such claims.
Trump order to buy U.S.-made medical supplies coming soon: Navarro
U.S. President Donald Trump’s trade adviser Peter Navarro’s proposed order has met strong resistance from business leaders and current and former officials, who argued that acting to curb imports could prompt China to curb urgently needed shipments of N95 masks and other protective equipment. The initial proposal was revised slightly but is still going through an interagency review process, according to the officials.
India’s April gold imports plunge 99.9% to three-decade low: government source
The world’s second biggest consumer of the precious metal imported around 50 kilograms of gold in April, down from 110.18 tonnes a year ago, the source said on Monday
Gallagher launches Pandemic group insurance product for India’s Front-Line Workforce
“Insurance products generally exclude pandemics, epidemics and infectious disease management in a commercial environment. As such, a COVID-19 specific solution for the India market presents a practical solution for the business community and our clients, and we are delighted to be able to reach this point,” Wade concluded.
World leaders pledge $8 billion to fight COVID-19 but U.S. steers clear
British Prime Minister Boris Johnson, who has recovered from a life-threatening battle with COVID-19, said the search for a vaccine was “the most urgent shared endeavour of our lifetime”, calling for “an impregnable shield around all our people”.
Trump administration pushing to rip global supply chains from China: officials
“We’ve been working on [reducing the reliance of our supply chains in China] over the last few years but we are now turbo-charging that initiative,” Keith Krach, undersecretary for Economic Growth, Energy and the Environment at the U.S. State Department told Reuters.
The pandemic has highlighted China’s key role in the supply chain for generic drugs here that account for the majority of prescriptions in the United States. It has also shown China’s dominance in goods like here the thermal cameras needed to test workers for fevers, and its importance in food supplies.
Global coronavirus cases surpass 3.5 million amid underreporting fears
Globally, there were 74,779 new cases over the past 24 hours, according to the Reuters tally that is based on official government data, taking total cases to around 3.52 million.
“We could easily have a second or a third wave because a lot of places aren’t immune,” Collignon said, noting the world was well short of herd immunity, which requires around 60% of the population to have recovered from the disease.Peter Collignon, an infectious diseases physician and microbiologist at Canberra Hospital, told Reuters
COVID-19 general insurance losses seen higher than 9/11 claims: Willis Towers Watson
Willis also said it has modeled an extreme pandemic scenario, which could result in $140 billion of losses
U.S. airlines now requiring masks, promise more safety measures
The industry, through lobby Airlines for America, has also begun discussions with policymakers in Washington on measures such as virus testing and pre-boarding temperature checks, United Chief Communications Officer Josh Earnest said.
Covid-19 Pandemic:IASB proposes deferring IAS 1 amendments’ effective date implementation
The Board is not proposing any changes to the original amendments other than the deferral of the effective date.