Category:

Non-Life

PSU general insurers’ employees observe strike to protest proposed privatisation

The one-day strike against the passage of the General Insurance Business (Nationalisation) Amendment Bill 2021 in the Lok Sabha was successful across the country, General Insurance Employees All India Association’s General Secretary K Govindan claimed.

About 52,000 employees and officers across all four PSGI companies participated in the day-long strike, he added.

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Beazley launches life sciences offering in Asia Pacific

Prashansa Daga, Healthcare Underwriter said: “The life sciences sector across Asia has been growing significantly in recent years and has already overtaken EU in terms of size*. Asia Pacific is now the second largest market in terms of size after the US. Covid-19 has also exposed the need for self-reliance amongst different countries in the region as we saw closing of borders, restriction on movement of pharmaceutical ingredients and the global vaccine scramble. The response to Covid-19 has also fuelled a race to create tests, vaccines and treatments. As an industry driven by intrinsic innovation and inelastic demand for patient needs, life sciences is expected to see significant growth in years to come. Our policy provides clear, broad and flexible cover for a range of risks to help this diverse sector to manage its risk exposures and continue to expand and thrive.”

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Delta variant now reported in 135 countries, global coronavirus cases could exceed 200 million by next week: WHO

The global number of new cases has been increasing for more than a month, with over 4 million cases reported in the past week – July 26 to August 1, the update said.

“This increasing trend is largely attributed to substantial increases in the Eastern Mediterranean and the Western Pacific Regions which reported 37 percent and 33 percent increases respectively as compared to the previous week, while the South-East Asia Region reported a 9 percent increase,” it said.

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Building Climate Resilience in India – Challenges and Opportunities for the BFSI sector

In India, until a few years ago, the topic of climate change and related risks rarely found strong traction in the BFSI sector in India. Till date, most banks and insurers still do not take a sufficiently forward- looking view on climate change and its long-term financial impact. The Financial Stability Board published the second status report on adoption of the recommendations of the Task Force for Climate-related Financial Disclosures on June 5, 2019. The report observed that disclosure of climate-related financial information has increased since 2016, but is still insufficient for investors, especially on the financial impact of climate-related issues on companies

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Resting heart rate is important health indicator

Due to the high pressure, the muscles of the heart get stressed, which can cause all these problems to the patient. One can stabilise a high resting heart rate by improving lifestyle, meditation, and yoga. Moreover, stress is a silent killer that can take your heart rate shooting through the roof. There have also been studies in which patients have normalised their high resting heart rate in just one week with lifestyle modification.

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