The platform, named BuddyCare, serves as a plug-and-play solution...
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Zurich Resilience Solutions and GoImpact Capital Partners forge strategic alliance for APAC climate resilience
Initially targeting businesses in Hong Kong, Singapore, and...
PB Fintech floats a healthcare subsidiary for aligning interests between insurers and hospitals
PB Fintech had clarified that it's planned foray into healthcare...
Pfizer to allow generic versions of its COVID pill in 95 countries
Pfizer, which also makes one of the mostly widely used COVID-19 vaccines, has said the pill cut the chance of hospitalisation or death for adults at risk of severe disease by 89% in its clinical trial. read more The drug will be used in combination with ritonavir, an...
Ninety-Five Percent of Global Insurers Believe Climate Risk is Investment Risk:Blackrock study
BlackRock study shows insurers representing US$27trn in assets are prioritising sustainable investing, diversification to higher-yielding assets and technological transformation, as concerns about climate change intensify LONDON: Insurers are increasingly concerned...
Jhunjhunwala’s Akasa Air orders 72 Boeing 737 MAX jets
The order by billionaire investor Rakesh Jhunjhunwala-backed airline comes months after India's air safety regulator allowed the country's airlines to fly the MAX jet, ending its nearly two and a half years of regulatory grounding after two fatal crashes in five...
Willis Towers Watson appoints Aon’s Hugo Wegbrans as Global Head of Broking and Broking Strategy
Hugo joins WTW from Aon, where he has most recently been Leader, Global Strategies, for its Commercial Risk Solutions business. Prior to that, he served as Global Chief Broking Officer. He has spent the majority of his 35-year career with Aon. LONDON: Willis Towers...
Health Minister suggests stickers be given to notify fully vaccinated status of families
The cumulative COVID-19 vaccine doses administered in the country have crossed 113 crores. The minister noted their contribution in ensuring that 80 percent of the population and 40 percent of the population received their first and second dose of the vaccine...
Big four global reinsurers improve earnings despite high nat cat losses:Fitch
Sharply lower non-life claims related to the coronavirus pandemic more than offset high, and above-budget, natural catastrophe losses, Fitch Ratings says. The pandemic had a strong impact on the life and health reinsurance activities of the major reinsurers, which had...
Combustion of coal has led to increase in premature mortality rate in India: Lancent Report
Data from the 2021 global Lancet Countdown report shows that there has been a nine-per cent increase in the number of deaths related to coal-derived PM2.5 in India in 2019 compared to 2015. New Delhi:The combustion of coal, mainly in power plants followed by...
US health agency eases Covid-19 travel advisory for India, Pakistan
In its advisory for India, the State Department urged US citizens not to travel to Jammu and Kashmir due to terrorism and civil unrest, and also within 10 kilometres of the India-Pakistan border due to the potential for armed conflict. "Indian authorities report rape...
Global Covid-19 Caseload Tops 253.8 Million, Deaths Over 5.10 Million
The US continues to be the worst-hit country with the world's highest number of cases and deaths at 47,221,549 and 764,363, according to the CSSE.The second worst hit country in terms of cases is India (34,447,536 infections and 463,655 deaths), followed by Brazil...
General insurance industry in China to reach US$313 billion in 2025, forecasts GlobalData
Deblina Mitra, Senior Insurance Analyst at GlobalData, comments: “Despite being the second-largest general insurance industry globally, China’s general insurance penetration at 1.3% is way below the developed markets’ average of 4%. This is mainly because the general...