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Willis Towers Watson develops new feature for tracking pandemic cases against P&C clients’ global assets

“Asia is at a more advanced phase of the COVID-19 pandemic. After months of managing the outbreak and impact of the coronavirus here, there are encouraging indications that some countries in the region are controlling the spread of the virus, whilst others are showing signs that they are commencing the recovery process. This presents an opportunity for organisations to track the receding virus in these geographies and commence planning for the resumption of business operations as soon as it is practical. The new COVID-19 feature in the tool will be beneficial in assisting our clients and facilitate this process,” added Vince Mossfield, Liability Practice Head, Risk & Analytics Asia, Willis Towers Watson.

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21-day lockdown Care Ratings predicts Rs 7.2 lakh crore impact on economy

“Assuming 80 per cent production is lost, and 20 per cent of the economy (that constitutes the essential services and farming) still functions, Rs 35-40000 crore of GDP will be lost every day. Of the 21 days lockout, 14 days spill over to FY21, therefore potential total loss will be in the region of Rs 6.3-7.2 lakh crore assuming 18 working days will be split across the two years,” says the report.

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Govt bans export of anti-malarial drug hydroxycloroquine

the country has also banned exports of all types of ventilators, including any artificial respiratory apparatus or oxygen therapy apparatus or any other breathing appliance or device.Last week, it had banned export of certain ventilators, surgical and disposable masks and textile raw material used for making masks.​​​​​​​There is a shortage of hand sanitisers and face masks in the market amid the coronavirus outbreak as people resorted to panic buying.

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Amid worsening pandemic, Trump pushes to re-open U.S. for business by Easter

The president said the country did not take drastic measures to fight car crashes and flu deaths similar to those it is taking for the coronavirus. He said Americans could continue practicing social-distancing measures, which health experts say are crucial to prevent infection, while also going back to work.

“We lose thousands and thousands of people a year to the flu. We don’t turn the country off,” Trump said. “You can destroy a country this way by closing it down.”

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