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Fiery crash kills at least 179 in worst airline disaster in South Korea
The ministry also confirmed the casualties in the deadliest air...
Putin apologises to Azerbaijani counterpart for tragic plane crash incident
An official Kremlin statement issued on Saturday said that air...
Automakers are about to shake up the auto insurance industry
The Connected Auto Insurance Global Study reveals that many insurers now write over 50% of new business to connected auto insurance.
Dr Andrew Jackson, Research Director, said: “When car usage collapsed during the COVID-19 lockdowns, policyholders demanded prices based on actual mileage. OEMs have been stepping in to the gap, and in a clear statement of intent, half of all OEM in-house UBI programmes use connected car data only, removing insurers and Telematics Service Providers (TSPs) from the equation.”
At least 17 OEMs are selling connected car services with dynamically-priced insurance already available from Ford, GM, Kia, Hyundai, Mercedes-Benz, Stellantis, Tesla, Toyota and Volkswagen. Many car manufacturers have also forged insurance partnerships (i.e. Ford with Arity, GM with American Family, Ford with Octo Telematics, PSA with AXA, Daimler with SwissRE).
YouTube blocks all anti-vaccine content
The move comes as YouTube and other tech giants like Facebook Inc. and Twitter Inc. have been criticized for not doing enough to stop the spread of false health information on their sites.
Kerala sees decline in COVID-19 cases, still contributes 52 pc of total active COVID-19 cases: Centre
The Health Secretary said that 18 districts in India are reporting a weekly positivity between 5 per cent to 10 per cent. Meanwhile, India reported 23,529 new COVID-19 cases in the last 24 hours, informed the Ministry of Health and Family Welfare today.
Coal power plant pollution in India could lead to additional premature deaths in 6 cities: Study
Dr Rachel Huxley, Head of Knowledge and Research at ‘C40 Cities’ said, “Current national plans would expand the coal fleet by 28 per cent between 2020 and 2030 and not reducing it by 20 per cent, threatening the health and well-being of the urban residents in Delhi while undermining India’s climate and air quality targets.” She further stated, “Current national plans could nearly double the number of annual premature deaths from coal power plants air pollution in the city.”
Cabinet approves listing of ECGC, capital inusion of Rs 4,400 cr
The government will inject Rs 4,400 crore in the ECGC over a period of five years beginning 2021-22, said Commerce Minister Piyush Goyal told reporters after the Cabinet meeting.
He also said Rs 500 crore infusion will be done immediately. The listing of ECGC is likely to happen next year.
75 per cent COVID-19 patients were overcharged by hospitals: survey
Though the Maharashtra government had announced that the rates of treatment of COVID-19 at private hospitals will be regulated, the official instructions were not heeded, he said.
37% of patients suffer long-Covid: Study
The study did not provide any detailed causes of long-Covid symptoms, their severity, or how long they could last. It, however, said older people and men had more breathing difficulties and cognitive problems, whereas young people and women had more headaches, abdominal symptoms and anxiety or depression.
MS Amlin Underwriting expands US operations, appoints David Mocklow as CFO & Chief Claims Officer
Newly formed, US based sister company, MS Amlin Distribution Holdings (MS ADH) will explore further acquisitions and investment opportunities for MS AUL, whilst serving as the holding company for future US based acquisitions.
Cardiovascular diseases cause more deaths in India: Survey
On the findings of the health and wellness survey, Sanjay Datta, Chief – Underwriting, Reinsurance & Claims, at ICICI Lombard said, “Lack of awareness of the ailment coupled with the severity of the impact of the pandemic on our overall health, makes it even more critical to adopt a healthy lifestyle. A heart-healthy lifestyle is more likely to supplement one’s immune system. Along with having an active lifestyle, it is also imperative to look after our mental health as stress anxiety tighten their grip around our fast-paced lives.”
Varas Brokers of US signs strategic MOU with India’s Salasar Brokers
Ambarish Khaitan, Senior VP Strategy & Reinsurance, said – “We are delighted to announce our new strategic partnership with Varas Brokers, the USA with whom we are targeting to provide our joint expertise and tailored insurance solutions to our clients in this challenging market. We look forward to this collaboration and aim to work together, not just technically but also culturally, to reach a common goal in creating a top-notch solution”