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S&P revises its outlook on GIC Re South Africa to positive from stable
The affirmation of the ratings on GIC Re SA reflects S&P's...
National consumer commission upholds doctor’s medical negligence, awards Rs 10 lakh compensation
In an order dated June 6, the national commission said that the...
ANALYSIS-Global economy bets on China learning to live with COVID
The consensus view remains that if China can get a grip on what U.S. Treasury Secretary Janet Yellen this month called the "very complex problem" of switching its COVID-19 stance, this would boost both its domestic economy and the global one Those who believe the...
Loss of smell most prevalent symptom of long Covid : Study
''We found that fatigue was the most common symptom, whilst ENT-related symptoms included a loss of smell and taste, vertigo, shortness of breath, wheezing and a sore throat. ''Almost a third of self-reported long Covid patients were suffering persistent smell loss,...
Covid-19 cases in the US surpass 100 million: Johns Hopkins University
The virus has also claimed the lives of 1,088,236 people in the US The number of Covid-19 cases registered in the US since the start of the pandemic in early 2020 exceeded a staggering 100 million, Johns Hopkins University has said, amid a sharp spike in caseloads...
Health minister reviews Covid situation, directs officials to be alert, strengthen surveillance
''In view of the rising cases of Covid19 in some countries, reviewed the situation with experts and officials today. COVID is not over yet. I have directed all concerned to be alert and strengthen surveillance. We are prepared to manage any situation,'' Union Health...
Violent earthquake Of 6.4 magnitude jolts Northern California; Damages homes, disrupts power
Approximately 12 people were reported as suffering injuries, including a broken hip and head wound, the Humboldt County Sheriff's Office said at a news conference interrupted by a jarring aftershock. Two people died — an 83-year-old and a 72-year-old — because they...
Huge setback for Reliance Capital resolution process as Cosmea-Piramal consortium pulls out
Cosmea Financial is promoted by Sam Ghosh,who was heading Reliance Capital between 2008-2017 According to sources, the Cosmea-Piramal consortium has decided to walk out of the resolution process as it believes that the contours of the bidding process have been...
Patients’ health data is not shared with insurance, pharma firms without consent: Govt
Responding to a question on whether patients' health data is shared with insurance and pharmaceutical companies under the Health Data Management (HDM)policy, Health Minister Mansukh Mandaviya said the HDM policy is a guidance document which sets out the minimum...
Health Minister Mandaviya to review Covid situation Wednesday amid spurt in cases in US, China
Health Ministry on Tuesday urged all states and Union territories to ramp up the whole genome sequencing of positive samples to keep track of newer variants In a letter to states and UTs, Union Health Secretary Rajesh Bhushan said such an exercise will enable timely...
IRDAI asks re/insurers not to use IIB burning rate as minimum rates within `Reinsurance Treaty Agreements’
Given the tough conditions at 1/1 renewals and shortage of proportional capacity that is being witnessed elsewhere for India reinsurers may insist on more retention and trend will continue for non proportional arrangements . At the same time as the non IIB rates are...
Insurers may refuse to cover planes flying to Ukraine or ships sailing through Black Sea
As they operate on an “aggregation” basis with marine and aviation war risk insurance, totting up the losses as one, claims in one area make reinsurers wary about the whole war risk sector, David Smith, head of hull and marine liabilities at broker McGill and Partners...