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Average annual NatCat losses for global insurance industry reaches new high of $151 billion: Verisk
“While actual annual insured losses over the past five years have...
Govt to pay for treatment of road accident victims of uninsured vehicles
Earlier, the General Insurance Council (GI Council), the official...
Psychiatric patients at increased risk of Covid-19 hospitalisation, mortality: Study
Individuals with psychotic disorders and mood disorders, as well as patients receiving treatment with antipsychotics or anxiolytics (anxiety-reducing drugs) appeared as the most vulnerable groups for Covid-19-associated mortality. Patients with substance use disorders were also at increased risk for hospitalisation following Covid-19.
India’s healthcare infrastructure has many gaps, adversely impacts the lives of marginalised people : Oxfam Study
Noting that 63 million people are pushed into poverty every year due to health costs, the report said 67.8 per cent of total expenditure on health in India was paid out of pocket, while the world average is just 18.2 per cent.
The availability of free medicines in public healthcare facilities has declined from 31.2 per cent to 8.9 per cent for in-patient care and from 17.8 per cent to 5.9 per cent for out-patient care over the last two decades, the report said.
World Bank provides $185million to Jamaica in storm protection
Dr The Hon. Nigel Clarke, Minister of Finance and the Public Service, Government of Jamaica, said, “The Government of Jamaica has strategically prioritized Disaster Risk Financing to mitigate the adverse fiscal impact of tropical cyclones and natural disasters, thereby strengthening Jamaica’s economic resilience. We are pleased with the successful placement of this catastrophe bond, which adds an indispensable layer of disaster risk financing that complements our multi-layered approach. In this transaction, Jamaica benefited from the vast technical resources of the World Bank, and from the strength of its balance sheet. We are also grateful to our bilateral partners, the Governments of the United Kingdom and Germany, through the Global Risk Financing Facility, and to the United States through the United States Agency of International Development who provided financial support for the transaction.”
Final settlement for Brazil’s Samarco dam disaster could reach $19 bln, governor says
That estimate is nearly four times higher than an initial deal struck with mining companies in 2016, which created a foundation to implement reparations and temporarily froze lawsuits relating to the incident. “The expectation is that the agreement is around 100 billion reais,” Romeu Zema, governor of Minas Gerais, told Reuters in an interview late on Friday.
Taking all steps to safeguard interest of children affected by pandemic, Centre tells Delhi HC
The Centre has further stated that to support the psychosocial and mental health of children impacted of the pandemic, a national initiative called SAMVAD – Support, Advocacy & Mental health interventions for children in Vulnerable circumstances And Distress has also been launched along with a 24X7 childline for emergency outreach.
Dabur India expects strong consumer demand for Ayurvedic healthcare products
Citing Expert Market Research consultant services data, the company said, ”The market for Ayurvedic products is expected to grow at a CAGR of 15 percent between 2021 and 2026”.”Moving forward on this mission to make Ayurveda more mainstream and accessible to every household, Dabur has now rolled out a new retail initiative christened ‘Ghar Ghar Ayurveda’,” the report said.
Expected to vaccinate 60 per cent population within two-three months: Kerala to SC
In an affidavit filed in the apex court in response to an application raising issue of relaxations granted by Kerala because of the Bakrid festival, the state said it has vaccinated 45 percent of its 18+ population with at least one dose and 18 percent have been vaccinated with two doses.
It said the state has taken a “scientific and pragmatic approach” for conceiving and implementing various measures for curbing the spread of pandemic and the strategy is based on a rational balance of life and livelihood.
India’s excess deaths during pandemic up to 4.9 million, study shows
India has officially reported more than 414,000 deaths due to COVID-19, the third highest tally in the world after the United States and Brazil, but the study adds to growing calls from experts for a rigorous nationwide fatality audit.
“What is tragically clear is that too many people, in the millions rather than hundreds of thousands, may have died,” the report said, estimating the excess death toll during the pandemic at between 3.4 million and 4.9 million.
The report did not ascribe all the excess deaths to the pandemic.
Two-thirds of Indians have coronavirus antibodies, survey shows
The survey showed 67.6% of adults were seropositive, while more than 62% of adults were unvaccinated. As of July, just over 8% of eligible adult Indians had received two vaccine doses.
About 400 million of India’s 1.4 billion people did not have antibodies, the survey showed.
With vaccinated support staff, primary schools can open: ICMR
Bhargava said children can handle viral infection much better than adults and it has also been established that they have a lower number of ace receptors to which virus attaches.
“In some countries, particularly the Scandinavian ones, they (authorities) did not shut down their primary schools during the first, second or third wave whatever (Covid) waves they had, their primary schools were always open.