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Fossil fuels-led temp increase may dent COP28 host UAE’s GDP by 72%
Shady Khalil, Campaigns Lead at Greenpeace Middle East and North...
Insurers heavily exposed to climate change, global watchdog says
Insurers continue to have "material exposure" to climate change...
China’s Shenzhen says chicken imported from Brazil tests positive for coronavirus
Experts say that while the SARS-CoV-2 virus is capable of infiltrating food or food packaging materials, it cannot reproduce and cannot survive at room temperature for long.
However, Li Fengqin, who heads a microbiology lab at the China National Center for Food Safety Risk Assessment told reporters in June that contaminated food put in cold storage could be a potential source of transmission.
New Zealand considers freight as possible source of new coronavirus cluster
The source of the outbreak has baffled health officials, who said they were confident there were no local transmission of the virus in New Zealand for 102 days and that the family had not travelled overseas.
“We are working hard to put together pieces of the puzzle on how this family got infected,” said Director General of Health Ashley Bloomfield.
Investigations were zeroing in on the potential the virus was imported by freight. Bloomfield said surface testing was underway at an Auckland cool store where a man from the infected family worked.
“We know the virus can survive within refrigerated environments for quite some time,” Bloomfield said during a televised media conference.
Worldwide virus cases top 20 million, Doubling in six weeks
The worldwide count of known COVID-19 infections climbed past 20 million on Monday, with more than half of them from just three countries: the U.S., India and Brazil, according to the tally kept by Johns Hopkins University.
AXA Considers Sale of Singapore Business as It Seeks to Raise Funds: Sources
The French insurer is working with an adviser on the potential sale, the people said, asking not to be identified because the matter is private. The Singapore unit, which offers life and property and casualty insurance, could draw interest from rivals seeking to expand in Southeast Asia, the people said. It generated 615 million euros ($723 million) of revenue in 2019, according to AXA’s annual report.
Four-fifths of CEOs expect COVID-19 to entrench remote working: PwC
“A blend of office and home working is most likely to be the future norm,” PwC UK’s chairman Kevin Ellis said.
Two-thirds of chief executives expected a global economic downturn as a result of COVID, and more than three-quarters expected a further shift towards automation.
Russia registers first Covid-19 vaccine,Putin’s daughter administered dose
Russia is the first country to register a coronavirus vaccine. Many scientists in the country and abroad have been skeptical, however, questioning the decision to register the vaccine before Phase 3 trials that normally last for months and involve thousands of people.
U.S. Health Secretary Alex Azar, asked about Russia’s announcement, said safety was paramount and late-stage trials were key. He said the United States was on track for an effective vaccine by the end of the year, with six candidates under development.
“The point is not to be first with a vaccine. The point is to have a vaccine that is safe and effective,” Azar said on ABC News’ “Good Morning America” programme.
Global insurance losses from natural catastrophes and man-made disasters at $ 31 billion in H1 2020:Swiss Re
Global insured losses from natural catastrophes rose to USD 28 billion in the first half of 2020 from USD 19 billion the year before, while insured losses from man-made disasters decreased to USD 3 billion from USD 4 billion.
Secondary perils primary loss drivers once again In the North America, severe convective storms (thunderstorms with tornadoes, floods and hail) caused insured losses of over USD 21 billion in the
first half.
Prudential Thailand and The 1 to launch country’s first lifestyle-health collaboration
Through this collaboration, The 1’s members will gain access to highly customised digital lifestyle and health solutions based on their lifestyle preferences, health stages and savings intentions. The partners in the collaboration will use Artificial Intelligence (AI) to curate and offer services that are highly relevant to members, helping them to achieve a higher quality of life and wellbeing
Sprout.ai aids Covid-19 insurance claim settlements with AI solution
Tony Emms, former CCO at Zurich UK and Sprout.ai advisory board member, says: “This solution is potentially transformational for the health insurance industry. Claim handling based on illness and medication coding frameworks create a huge amount of complexity. Medical claims are often the most difficult to handle because of these issues and their high volume, low value nature. By circumventing the coding system, with an entirely justified reasoning behind the triage, Sprout.ai has simplified the process for claims handlers. This solution will succeed because it impacts both leakage detection and efficiency gains simultaneously.”
McDonald’s Seeks to Recoup Severance Paid Ousted CEO Over Sexual Affairs
Easterbrook’s severance package was worth $41.8 million when he left the Chicago-based company, executive pay firm Equilar has estimated.
But McDonald’s said Easterbrook no longer deserved that payout because of his “silence and lies,” and that had its board known the full picture it would have fired him “for cause.”