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Hemant Nagpal to head Gallagher Re’s APAC Analytics, Rohan Bhappu to join Howden Asia
Gallagher Re has appointed Hemant Nagpal, an insider, as its head...
Allianz scraps proposed acquisition of Singapore’s Income Insurance, source says
Singapore's prime minister said in October that the city-state...
Coronavirus compounds climate disasters but shows action can work- Red Cross
Almost half of 140 million people around the world, who are hit by to disasters caused by extreme weather fuelled by climate change, with more severe storms, floods, and heatwaves live in the Asia-Pacific region, the International Federation of Red Cross Red Crescent Societies (IFRC) said in a report published this week.
“Recovery from disasters is so much harder when livelihoods have been hit hard by COVID-19 and the measures taken to contain it,” said Maarten van Aalst, director of the Red Cross Red Crescent Climate Centre and author of the report.
87% of Indian cos victims of security breach last year: Report
“While organisations are adapting to the hybrid approach thinking about both working from anywhere and application hosting, they continue to experience a high level of network breaches and facing ongoing connectivity and security challenges,” Murali Urs, Country Manager, Barracuda Networks India, said in a statement.
Govt prioritising vaccinating eligible people in UP, Punjab: Report
The cumulative COVID-19 vaccine doses administered in the country crossed 78 crore on Friday. The government said 20 per cent of India’s adult population have received both doses of COVID-19 vaccine and 62 per cent have got at least one dose.
Of all the vaccines used, around 87.8 per cent are Covishield manufactured by Serum Institute, around 12.11 per cent are Bharat Biotech’s Covaxin and less than one per cent Sputnik V.
Adherence to COVID-19-appropriate behaviour during festive season key to prevent 3rd wave: Experts
”Currently, there is a declining trend of COVID-19 cases and we are in a pretty good situation. However, the coming few weeks with the festive season ongoing and with that associated changes of decrease in Covid-appropriate behavior, large gatherings, and super-spreading events can be a deciding factor for the third wave,” AIIMS Director Randeep Guleria said.
He said the next two-three months are crucial in terms of preventive strategies for the country to continue to be in a good position.
NIH grants $470 mln to conduct studies on long-term effects of COVID-19
The grant is part of an initiative the main U.S. health research body launched in February to understand why symptoms of the illness persist long after infection in some cases – a condition known as “long COVID”- and why some individuals develop new or returning symptoms after recovery.
The most common prolonged symptoms include pain, headaches and fatigue, but the condition has been linked to a higher risk of kidney problems as well as smell distortions in other studies.
Govt ropes in global tech firms to transform India’s outmoded agricultural industry
Prime Minister Narendra Modi’s administration, which is seeking to ensure food security in the world’s second-most populous nation, has signed preliminary agreements with the three U.S. titans and a slew of local businesses starting April to share farm statistics it’s been gathering since coming to power in 2014.
PM Modi is betting the private sector can help farmers boost yields with apps and tools built from information such as crop output, soil quality and land holdings.
Centre has set goal of digitisation of agricultural land records: Giriraj Singh
Registry offices and record rooms are also being digitised, said Union minister Giriraj Singh
”Registry of around Rs 10 crore land has been done online so far,” he told reporters.
Fresh cyclonic circulation to bring heavy rainfall over east India from Sep 18-19
”A cyclonic circulation (is) likely to develop over north Bay of Bengal on September 17. It is likely to move west-northwestwards towards Odisha-West Bengal coast during the subsequent three days,” the IMD said.
”Rainfall activity is likely to increase over Odisha and Gangetic West Bengal with fairly widespread to widespread rainfall and isolated heavy falls over above areas on September 18-19,” it added.
Earlier this week, a deep depression brought heavy rainfall over Odisha and Chhattisgarh.
Total market cap of listed InsurTechs surpasses $22 billion in 2020:Capgemini Report
For the first time, 50% of customers today are willing to consider coverage from a new age player.
“As traditional insurers expand their ecosystems to remain competitive, they must increasingly consider the value achievable through trusted partners, including BigTechs, InsurTechs and non-traditional players like original equipment manufacturer (OEMs). The numbers clearly suggest that exponential InsurTech growth is here to stay, so delivering superior customer CARE(Convenience, Advice and Reach) is essential. Future success in the industry will depend on players’ existing capabilities across the value chain, willingness to invest, and desire to own the customer relationship,” said John Berry, CEO of Efma.
UK COVID-19 business insurance payouts top one billion pounds -watchdog
The Financial Conduct Authority (FCA), which had brought a closely-watched test case on behalf of policyholders against major insurers, said on Wednesday that 27,248 companies out of 42,308, which had had claims accepted, had received at least an interim payment.