The structures within Property & Casualty (P&C) and Life...
Category:
International News
Latest
EU must prepare for ‘catastrophic’ climate change risks, agency says
Without more urgent action, the EEA said most of the 36 climate...
Generali and UNDP build SME resilience in Asia
A joint research report by Generali and the UNDP report finds that...
Finland confirms first adverse reaction to Pfizer/BioNTech COVID-19 vaccine
“When there are at least five such reports, we will put information on our website about the type of reactions that have occurred,” the agency’s Chief Physician Maija Kaukonen told the broadcaster, adding that no further details could be disclosed due to patient confidentiality.
China’s Fosun plans plant to make BioNTech’s COVID-19 vaccine: Caixin
Fosun Pharma had said it aims to move from importing finished vaccine from the German company to conducting some filling procedures on its own, using imported bulk ingredients and then eventually making vaccines from scratch, though it has not announced a specific timeline.
AXA to sell its Greece operations for €165 million
Paris: AXA announced today that it has entered into an agreement with Generali to sell its insurance operations in Greece. Under the terms of the agreement, AXA will sell its Life & Savings and Property & Casualty businesses in Greece for a total cash...
WHO emergency COVID-19 vaccine listing aims to lift access in poor countries
The United Nations health agency said it will work with regional partners to tell national health authorities about the two-dose shot and its anticipated benefits.
The WHO established its emergency use listing (EUL) process to help poorer countries without their own regulatory resources quickly approve medicines new diseases like COVID-19, which otherwise could lead to delays.
Drugmakers to hike prices for 2021 as pandemic, political pressure put revenues at risk
President-elect Biden has also vowed to reduce drug costs and to allow Medicare, a U.S. government health insurance program, to negotiate drug prices. He has support from Congressional Democrats to pass such legislation, which the Congressional Budget Office has said could cost the industry more than $300 billion by 2029.
U.S. COVID-19 cases surpass 20 million as deaths mount
A total of 345,000 have died of COVID-19, or one out of every 950 U.S. residents, since the virus first emerged in China late in 2019.
An analysis of Reuters data shows it took 200 days to reach the first 5 million cases, 93 days to go from 5 million cases to 10 million, 31 days from 10 million to 15 million cases and only 25 days to go from 15 million to 20 million cases.
California has the most total cases of any state, with about 2.28 million infections followed by Texas with 1.76 million cases and Florida with 1.32 million cases.
Have to assume pandemic is going to get worse: Fauci
Fauci’s comments on Tuesday came after the US registered a record high 65,000 deaths in the past 28 days, making December the worst month for coronavirus fatalities since the start of the pandemic.
December’s figure, roughly equivalent to over 1.6 Americans lost to the virus every minute, marked a significant surge from that in the entire month of November which registered 36,964 fatalities.
The country’s overall the overall death toll currently stood at 338,544, the highest in the world, according to the Johns Hopkins University.
US court shuts down fraud scheme targeting elderly Americans via India-based call centers
The pop-up messages fraudulently claimed that the consumer’s computer was infected by a virus, purported to run a scan of the consumer’s computer, falsely confirmed the presence of a virus and malware, and then provided a toll-free number to call for assistance.
The Justice Department said that when victims called the toll-free number, they were connected to India-based call centers participating in the fraud scheme.
Call center workers asked victims to give them remote access to their computers and told victims that they detected viruses or other malware on their computers.
Eventually, the call center workers would falsely diagnose non-existent problems and ask victims to pay hundreds of dollars for unnecessary services and software.
Brexit ends Britons’ right to live and work in EU
Under the divorce deal agreed by the two sides on Dec. 24, the roughly 1 million British citizens who are legal residents in the EU will have broadly the same rights as they have now. The same applies to more than 3 million EU citizens living in the U.K.
But British citizens will no longer have the automatic right to live and work in the EU, and vice versa. People who want to cross the border to settle will have to follow immigration rules and face other red tape such as ensuring their qualifications are recognized.
Chinese regulators reviewing Ant Group’s equity investments: Report
Reuters reported in early December that Ant was considering selling its 30% stake in Indian digital payment processor Paytm amid tensions between the two Asian neighbors and a toughening competitive landscape.
Paytm and Ant had at that time said the information was incorrect. Ant referred Reuters to its previous statement while Paytm did not immediately respond to a request for comment on Thursday.