“With the sale of Tranzact, we are exiting this direct-to-consumer...
Category:
Non-Life
Latest
Escalating conflict hurts India’s trade with West Asian countries
Disruptions in key shipping routes, particularly through the Suez...
10 new Insurance Ombudsmen selected
The new Insurance Ombudsmen are -Sarojini S Dikhale, for Mumbai,...
4 Covid vaccine candidates in human trial stage, 1 in pre-clinical stage: Govt
Currently, three vaccines — Serum Institute of India’s Covishield, Bharat Biotech’s Covaxin and Russian vaccine Sputnik V — are being administered in India.
Over $157 billion deployed in last 15 months to fight Covid pandemic: World Bank
”Since the start of the pandemic, the World Bank Group has committed or mobilised a record USD 157 billion in new financing, an unprecedented level of support for an unprecedented crisis,” World Bank Group President David Malpass said.
‘
”But we must still do more,” he said, adding that he remains deeply concerned about the limited availability of vaccines, which are critical to saving lives and livelihoods, for developing countries.
Over 45,000 cases of mucormycosis reported in India: Health ministry tells Rajya Sabha
Mucormycosis and other fungal infections are most commonly seen as an opportunistic infection. They are found in those with low underlying immunity either due to a diabetes, cancers particularly hematological malignancies, etc. or as a side effect of prolonged/irrational use of certain drugs like steroids, immunosuppressive drugs for management of other disorders including Covid-19, the minister explained.
India reports 38,164 new COVID-19 cases, recovery rate reaches 97.32 pc
The Union Health Ministry has informed that the cumulative number of COVID-19 vaccine doses administered under the nationwide vaccination drive has reached 40,64,81,493.
US to expose China’s ‘malicious cyber activities’ after threat to economic, national security
In the announcement which will be made tomorrow morning at 7 am (local time), there will be three things including — an unprecedented group of allies and partners (the European Union, the United Kingdom, Australia, Canada, New Zealand, Japan, and NATO) will be joining the US in exposing and criticising the PRC’s Ministry of State Security’s malicious cyber activities. This is the first time NATO has condemned PRC cyber activities, the officials said via Teleconference.
“We will show how the PRC’s MSS — Ministry of State Security — uses criminal contract hackers to conduct unsanctioned cyber operations globally, including for their own personal profit. Their operations include criminal activities, such as cyber-enabled extortion, crypto-jacking, and theft from victims around the world for financial gain,” the officials said.
Delta variant accounts for 80% of new Covid cases: Govt expert panel chief
“Besides, on invading a human cell, it replicates faster. It leads to a strong inflammatory response in organs like the lungs. However it is difficult to say that disease due to delta variant is more severe. The age profile and the deaths during the second wave in India were quite similar to that seen during first wave,” he stated.
31.13 lakh domestic air passengers in June, 47% higher than in May: DGCA
The drop in domestic air traffic in May was due to the second wave of the COVID-19 pandemic that had badly hit the country and its aviation sector.
China puts controlling stake of revamped Anbang on the block for $5.2 bln
China Insurance Security Fund Co Ltd., the state rescue fund for the insurance sector which is controlled by the Ministry of Finance, aims to auction all of its 98.23% stake in Dajia for 33.38 billion yuan.
South Africa’s riots insurer in spotlight after days of Carnage
While some claims will be assessed by heavyweight insurers such as Old Mutual Group Ltd. and Santam Ltd., the bulk of the burden will fall to one company little known outside the country: Sasria Insurance Ltd.
Sasria, a state-owned firm with 8.5 billion rand ($591 million) in assets under management, was founded shortly after the Soweto uprising of 1976, when at least 176 people died in demonstrations led by school children against the apartheid government. The frequency and scale of political protests that followed prompted private insurers to stop offering cover to vulnerable businesses, and Sasria was crated to fill the void.
Hiring activity witnesses uptick in June for most sectors: Report
Other sectors like insurance, retail, education and FMCG also showed a progress of 12 per cent, 5 per cent, 12.1 per cent and 16 per cent, respectively, it added. Although, hiring in the telecom sector has declined by 8 per cent in June compared to May this year, it noted.