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Liberty Mutual considers selling its Thailand and Vietnam businesses
A move to sell Thailand and Vietnam would follow other previous...
8.39 cr hospital admissions worth over Rs 1.16 lakh crore authorised under AB PMJAY till Nov 30: Govt
Many of the states and Union territories implementing the scheme...
UK adds Covishield to approved vaccines list, but no quarantine relief for Indians in updated travel advisory
The move will also mean that a pre-departure PCR test is no longer required as long as vaccinated travellers pre-book a day two test post-arrival in England and complete the compulsory passenger locator form in advanc
MS Amlin AG appoints Robert Wiest as CEO
Robert Wiest brings over 30 years of industry experience. During a career at Swiss Re spanning over two decades, most recently as Chief Operating Officer, Wiest has successfully led business units as the Head of Global Business Solutions, Head of Strategy and Operations for Asia, and Head of Western and Southern Europe, the Middle East, and Turkey.
Brit launches machine learning algorithm to enable faster claims response to catastrophe events
In this latest innovation, Brit’s Data Science team developed and overlaid a machine learning algorithm to access the ultra-high-resolution ariel images and data such that it pinpoints, color-codes, and displays properties by damage classification within days after a catastrophe event. This enables the Brit Claims team to proactively identify, triage and assign response activity even before claims are reported.
India govt won’t buy Pfizer, Moderna vaccines amid local output -sources
That essentially means the globally popular vaccines, which their makers have pledged not to sell to private parties during the pandemic, will not be available for now in the world’s two most populous countries – China and India. The Indian government has also declined to meet the U.S. companies’ requests for legal protection over any side-effects from the use of their shots, which are currently made only in the United States or Europe, two of the sources said.
Covid-19 has killed about as many Americans as the 1918-19 flu
Before COVID-19, the 1918-19 flu was universally considered the worst pandemic disease in human history. Whether the current scourge ultimately proves deadlier is unclear.
In many ways, the 1918-19 flu — which was wrongly named Spanish flu because it first received widespread news coverage in Spain — was worse.
”Soul-crushing”: US COVID-19 deaths topping 1,900 a day
Now, nearly 64 per cent of the US population has received at least one dose of the COVID-19 vaccine. And yet, average deaths per day have climbed 40 per cent over the past two weeks, from 1,387 to 1,947, according to data from Johns Hopkins University.
Health experts say the vast majority of the hospitalised and dead have been unvaccinated. While some vaccinated people have suffered breakthrough infections, those tend to be mild.
28% household in Delhi have one or more member with flu-like symptoms: Survey
Amid fears of a possible third wave of COVID-19, experts at a recent meeting of the Delhi Disaster Management Authority (DDMA) had said that as flu and coronavirus have similar symptoms, the Delhi government should continue vigorous testing to keep the spread of COVID-19 in check during the flu season. ”In response, six per cent of Delhi’s residents said there are currently ‘four or more individuals’ with flu-like symptoms.
COVID-19: India logs 30,256 new cases and 295 fatalities
The cumulative doses administered in the country so far under the nationwide vaccination drive have exceeded 80.85 crores, according to the ministry.
Of the 4,45,133 deaths reported so far in the country, 1,38,518 are from Maharashtra, 37,603 from Karnataka, 35,337 from Tamil Nadu, 25,085 from Delhi, 23,591 from Kerala, 22,887 from Uttar Pradesh, and 18,652 from West Bengal.
Indian general insurers defy Covid barriers, record 300% jump in net profit to Rs 3,868 cr during FY2021
An analysis by AIP Analytics shows, though, the industry witnessed a massive disruption due to the onset of Covid-19 Pandemic since March 2020, in terms of key parameters like gross premium, number of policies issued, underwriting losses/ profit , Combined ratio, gross claims, no of employees and foreign direct investment and investment in infrastructure and social sectors, the Indian general insurance industry has seen a significant improvement during FY 2020-21.
The first half of 2021- 22 has definitely seen a reversal in several aspects.Primarily the second wave has hit the helath insurance portfolio much harder , motor insurance has seen more intense price competition due to lower demand of new vehicles while at the sametime There is no lockdown effect this time. Prices for small and medium risks have plummeted in the property space . All These point towards a much worse performance of
the Indusrty going forward,”cautioned the analysts.
Health Ministry in touch with MEA over UK non-acceptance of Covishield beneficiaries
Earlier today, Union Health Minister Mansukh Mandaviya had also announced that the Government of India will resume ‘Vaccine Maitri’ from October this year and also fulfil its responsibility under Covax. “Under Vaccine Maitri, we will help the world and contribute to Covax in the fourth quarter,” Mandaviya today told reporters.