Debasish Panda, chairman,IRDAI ``It is our endeavour to implement...
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Prasun Sikdar joins as Bima Sugam CEO
IRDAI has fixed Apr 19,2025 as the date of the launch of Bima...
24% deaths recorded in Delhi occurred due to infectious, parasitic diseases: Report
The number of institutional deaths due to cancer and related...
‘It’s connected to you’: Shared causes fuel surge in disasters
From Arctic heat and wildfires to Texas cold-weather power outages and Amazon deforestation, threats around the world that may seem unrelated are increasingly compounding each other, United Nations researchers said in a report released Wednesday.
The underlying causes of the rising risks – from climate change to lack of cooperation among governments and ignoring the value of nature in economic decision-making – are common across many of them, researchers said.
Hyundai to go electric for its new commercial vehicle by 2028
Further underscoring its pioneering commitment to clean sustainable energy for all types of mobility, the Group unveiled unprecedented plans that will see the electrification of all new commercial vehicle models – featuring fuel cell electric or battery electric powertrains, as well as the application of fuel cell systems – to all models by 2028. The daring strategy will put the Group at the vanguard of the commercial vehicle sector, in the process helping to reshape the industry and realize a sustainable clean future.
G20 health ministers agree vaccine confidence measures
The member nations India, the United Kingdom, the United States, Argentina, Australia, Brazil, Canada, China, France, Germany, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey and the European Union agreed to work together to enhance timely global access to safe, affordable and effective COVID-19 vaccines, therapeutics and diagnostics.
Merkel says vaccinated aren’t ‘guinea pigs’
Vice Chancellor Olaf Scholz, whose center-left Social Democrats Party currently leads polls ahead of Germany’s September 26 elections, recently said that fully vaccinated people have been the guinea pigs for those who so far have held off. He added that he was vaccinated and others should follow.
Merkel, however, did not appear to agree with her deputy’s messaging in her Tuesday speech.
ICMR should act actions against private pathology laboratories for violating norm: Delhi HC
The high court was hearing a plea seeking contempt action against the authorities for not adhering to the Delhi High Court’s earlier direction to take action against online health service aggregators which are operating illegally and collecting samples for COVID-19 tests.
FADA warns of lacklustre festive season for passenger vehicles due to semiconductor shortage
”Auto dealers are facing the most challenging phase of their business career as COVID-19 after-effect continues to play spoil-sport. Until last year, when demand was a challenge, supply is becoming a bigger problem currently due to shortage of semiconductors, even though there is high demand for passenger vehicles,” FADA President Vinkesh Gulati said in a statement.
India ‘prepares for the worst’ ahead of possible COVID-19 third wave
Almost all states are readying special paediatric wards as some experts warn unvaccinated children could be vulnerable to any new virus mutations. States including Madhya Pradesh are also stocking up on anti-viral drugs such as Remdesivir.
But with a government survey estimating as many as two-thirds of Indians already have COVID-fighting antibodies through natural infection, and 57% of its adults with at least an initial vaccine dose, many health experts believe any new outbreak of infections could be much less devastating than the second wave.
Reopen schools or disaster looms, experts tell Indian authorities
“Schools are an essential service. It has been wisely said that they should be the last to close and the first to reopen,” said a report released on Monday on school education by a group of scholars, including economist and social scientist Jean Dreze, that warned of a “looming disaster”.
Global re/insurance market to grow by 3% by 2023, Cyber, data analytics & AI key growth areas: Munich Re
“The digitalisation megatrend will radically change traditional insurance. It will give rise to new fields of risk in need of insurance solutions. With its numerous digital and innovation projects, Munich Re has laid the foundations for profitable growth going forward”, says Munich Re’s Board member Torsten Jeworrek.
Munich Re has kept the rising ransomware losses in its book of business readily manageable. In addition, price increases in a hardening market environment are producing a stabilising effect. Munich Re is adhering to its plan to grow profitably based on a current market share of roughly 10%.
IUMI reports an improvement in global marine insurance market, remains cautious over a sustainable recovery
Marine underwriting premiums for 2020 were estimated to be USD 30.0 billion which represents a 6.1% increase from 2019. Global income was split by region: Europe 47.7%, Asia/Pacific 29.3%, Latin America 9.3%, North America 7.7%, Other 6.0%.
By line of business, cargo continued to represent the largest share with 57.2% in 2020, hull 23.8%, offshore energy 12.1% and marine liability (excluding IGP&I) 6.8%.