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“Reinsurance capacities in India may be required only for property, agri and specialty lines like aviation & cyber”
N Ramaswamy, CMD, GIC Re The effort from the Regulator is to create...
Over 5 lakh elderly above 70 enroll for Ayushman cards; highest from MP, Kerala
Madhya Pradesh had the highest number of applications for...
IRDAI asks insurers to come out with new title insurance policies
The main objectives of the ”new Title Insurance products” are to provide cover to promoters/ developers, preferring to opt for a minimum legal defence cost, and end users (allottees, individual buyers and financiers) at the time of possession/handing over of the property unit for protection against any legal suits in future.
In a new review, scientists and others say boosters aren’t needed for the general population.
Only in people older than 75 do the vaccines show some weakening in protection against hospitalization. Immunity conferred by vaccines relies on protection both from antibodies and from immune cells. Although the levels of antibodies may wane over time — and raise the risk of infection — the body’s memory of the virus is long-lived.
Immunized but banned: EU says not all Covid vaccines equal
Although AstraZeneca vaccine produced in Europe has been authorized by the continent’s drug regulatory agency, the same shot manufactured in India hasn’t been given the green light. EU regulators said AstraZeneca hasn’t completed the necessary paperwork on the Indian factory, including details on its production practices and quality control standards.
India reports 27,254 new COVID-19 cases
Meanwhile, in the ongoing nationwide COVID-19 vaccination drive, 74,38,37,643 vaccine doses have been administered to eligible beneficiaries, out of which 53,38,945 doses were administered in the last 24 hours.
BBB invites bids for conducting background verification of candidates
The firm will prepare a candidate verification report for every aspirant to provide the necessary inputs to the BBB members before the interactions of the individual personages with the bureau, according to a public notice issued to invite bids.
”A bidder will be selected under the Quality cum Cost Based System method (QCBS) with weightages of 80:20 (80 per cent for technical proposal and 20 per cent for financial proposal) and as per procedures described in this RFP,” it said.
Pilot”s non-adherence to SOP probable cause for Kozhikode plane crash: AAIB report
The Boeing 737 aircraft (VT AXH), which was operating Dubai-Kozhikode flight, landed half way down the runway before crashing into a gorge. Twenty people, including both the pilots, were killed in the accident.
The investigation report, which was released by AAIB Director General Group Captain Aurobindo Handa on Saturday, concluded that the probable cause of the accident was the pilot’s decision to continue with an unstabilised approach and failure to carry out a “go around” despite calls for the same by the co-pilot.
It has also listed out other factors that contributed to the crash. Low visibility and a faulty windshield viper led to degraded visual cues upon landing. “The pilot in command was taking multiple un-prescribed anti-diabetic drugs that could have probably caused subtle cognitive deficits due to mild hypoglycemia, which probably contributed to errors in complex decision making,” the report noted.
Over 7 lakh Maha farmers call insurance insurers to inform about crop damages due to excessive rain
A total of 2,56,985 calls were received till August 1 from farmers across Maharashtra intimating about extremely heavy rains that led to damage of crops. The number of such calls increased to 4,15,747 by September 1 and reached 5,53,491 on September 9. In last two days, the number of such calls reached over seven lakh,” state agricultural commissionerate’s chief statistical officer Vinaykumar Awate told PTI.
The figures could increase further as the data of calls made during the weekend will be updated in the system on Monday, the official said.
Study finds why people with diabetes develop severe Covid-19
“Our research is showing that maybe if we are able to target patients with diabetes with interferon, especially early in their infection, that may actually make a big difference,” W. James Melvin, M.D. said.
Type 2 diabetes- a condition affecting more than 10 per cent of the US population– is one of the main risk factors for severe COVID-19 illness. New research from U-M uncovers why this might be and offers hope for potential therapy.
India reports 28,591 new coronavirus infections, 338 more deaths
The cumulative number of Covid vaccine doses administered in the country has exceeded 73.82 crore, according to the ministry.
Global shipping is earning the most money since 2008 as pandemic pain wanes
This boom’s causes are twofold — an economic reopening after Covid that has spurred surging demand for goods and raw materials. Alongside that, the virus continues to cause disruption in global supply chains, choking up ports and delaying vessels, all of which is limiting how many are available to haul goods across oceans. That’s left the majority of the shipping sector with bumper earnings in recent months.