Category:

Non-Life

Swiss Re’s Nina Arquint receives `The 2021 Geneva Association Women in Insurance Award”

Jad Ariss, Managing Director of The Geneva Association, said: “I congratulate Nina Arquint on winning this award, which recognises her leadership role in reducing the underwriting of coal, the most polluting and carbon-intensive fuel, and her great dedication to tackling environmental risks. Ms Arquint and her team have made demonstrable contributions to reducing the financial viability of coal and contributing to accelerating its phase-out globally. This work is in alignment with The Geneva Association’s mission to promote the use of insurance to create a better, more resilient, and more sustainable world.” 

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U.K. is easing Covid rules, bringing businesses fresh concerns

Ministers highlight the link between infections, hospitalizations and deaths has been weakened by one of the world’s most advanced vaccination programs, yet infections have increased by two-thirds in the past week, fueled by the fast-spreading delta variant.
Tony Danker, director-general of the Confederation of British Industry, said it will be “critical” to build both customer and employee confidence and that the government has a “vital” role to play in providing guidance to employers. The big question remains: Will consumers come back?

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Unveiling its last petrol car, Lotus sets off in pursuit of Porsche

The Emira, which will start at around 60,000 pounds ($83,000), is the first new petrol Lotus model in more than a decade but it will be the last powered by fossil fuels.
Lotus is currently developing an electric sports car platform in partnership with Renault for the French company’s Alpine brand, and that framework will also be available to other carmakers.
Lotus and its Chinese owner Geely want to transform what is now a tiny company making some 1,500 sports cars a year into an electric powerhouse churning out tens of thousands of high-end saloons and sports-utility vehicles (SUVs) as well.

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Up to 1,500 businesses affected by ransomware attack, says US firm’s CEO

One of those tools was subverted on Friday, allowing the hackers to paralyze hundreds of businesses on all five continents. Although most of those affected have been small concerns – like dentists’ offices or accountants – the disruption has been felt more keenly in Sweden, where hundreds of supermarkets had to close because their cash registers were inoperative, or New Zealand, where schools and kindergartens were knocked offline.

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India’s COVID death rate hit record in June after calls for better data

“The Delta variant is both the most contagious variant and among the most dangerous variants in terms of infection fatality rates,” said Christophe Z Guilmoto, a demographer at the French Institute of Research for Development in New Delhi, who has studied COVID-19 mortality in India. “It did play an increasing role at the end of India’s second wave, and this may explain why the daily count of deaths in India isn’t coming down as fast as we expected/hoped.”

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Delhi govt launches financial assistance scheme for families of Covid victims

”Each family in which a death has occurred due to Covid will be provided an ex gratia of Rs 50,000.”
”We are launching a portal through which such people can apply for financial assistance. Our representatives will also visit such families and get applications filled up,” he added.

The chief minister said such representatives will not reject claims of families in case any document is missing and will only facilitate the process.
There is no income criterion to apply for financial assistance under the scheme.

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