Balz Grollimund, Head of Catastrophe Perils at Swiss Re, said: "In...
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“Shall take up with the GST Council,’ says FM Sitharaman on reduction of GST on Life and Health Insurance
Finance Minister Nirmala Sitharaman Around Rs 24,529 crore was...
Lloyd’s financial strength rating upgraded by AM Best
Today’s upgrade from AM Best follows that of S&P Global at the...
Study links Black Carbon with premature deaths, may help better estimate pollution mortality burden
Most pollution-based epidemiological studies essentially relate exposure to the concentration of particulate matters (PM-10 and/or PM -2.5) that invariably generalise all particulates with equal toxicity without distinguishing among them by source and composition, which genuinely have different health consequences.
Scientist R K Mall led the team of other scientists including Nidhi Singh, Alaa Mhawish, Tirthankar Banerjee, Santu Ghosh, R S Singh from the Department of Science & Technology-Mahamana Centre of Excellence in Climate Change Research (MCECCR) at Banaras Hindu University which conducted the story.
IFFCO Tokio Gen Insurance to launch AI powered cattle digital identity for cattle insurance
One of the biggest issues faced by cattle insurance companies is the accurate identification of cattle and the processing time involved. The artificial intelligence-driven mobile application of Dvara E-Dairy captures muzzle images with the mobile phone, compares the cattle’s unique digital identity stored in a secured cloud server and retrieves the results at the click of a button in less than 60 seconds
Swiss Re’s iptiQ and ImmoScout24 launch digital loss of rent insurance
Andreas Schertzinger, CEO of iptiQ EMEA P&C, says: “With ImmoScout24, we have found the ideal partner in Germany to offer customers tailor-made household insurance products online precisely when it matters. Thanks to the seamless integration of our product into ImmoScout24’s digital ecosystem, customers can insure themselves against the risk of rent-related losses directly online and throughout the rental process.”
EU plans new safety rules for the workplace wherever it is
In guidelines to protect almost 170 million EU workers over the 2021-2027 period, it will also seek to produce recommendations on mental health at work before the end of 2022.
Work-related accidents and illnesses cost the EU economy over 3.3% of gross domestic product per year, the Commission said. It said estimates showed that for every euro invested in occupational health and safety, the return for the employer is around twice as much as employees take less sick leave.
Cryptocurrency-related cyberattacks grew by 192%: Report
“The digital format of cryptocurrencies make them decentralised in nature and without any regulations, they have become the currency of choice for cybercriminals,” Murali Urs, Country Manager, Barracuda Networks-India, said in a statement.
In 2019, ransom demands ranged from a few thousand dollars to $2 million at the top end. By mid-2021 most demands were in the millions, with a significant number over $20 million.
UK government set for leading role in insuring live entertainment
After months of closure or pared back performances with reduced audiences to allow social distancing, planning ahead to revive the sector is all but impossible without events cancellation insurance, theatre and music directors say. That makes government intervention crucial if the commercial sector will not pay.
SC directs NDMA to issue norms for financial help to kin of Covid victims
A special bench of Justices Ashok Bhushan and M R Shah said that the court cannot direct the Centre to fix a particular amount of financial help but the government can fix the minimum standard of amount to be paid as ex-gratia to family members of those who lost their lives due to COVID-19 while keeping various aspects in mind.
The top court asked the Centre to consider formulating an insurance scheme for cremation workers as proposed by the Finance Commission.
It also directs the authorities to issue appropriate guidelines for simplification of process of issuance of death certificates for Covid fatalities.
Emerging Asia: a $3.8 trillion-per-year pension savings gap
“The shortfall in saving for adequate and sustainable retirements cannot be bridged solely by government resources. Strong partnership between the state, the private sector and individuals will be key.Protecting people throughout their saving lifecycle has the potential to reduce poverty, ill-health and even social unrest, and should form a core building block of emerging markets’ longterm economic growth,” ,” said Jerome Jean Haegeli,Group Chief Economist, Swiss Re
COVID-19 in children often asymptomatic, 2pc-3 pc infected kids may require hospitalisation: VK Paul
Dr Randeep Guleria, Director of All India Institute of Medical Sciences (AIIMS) New Delhi has said that there is no data, either from India or globally, to show that children will be seriously infected in subsequent waves.
India asks EU member states to consider Covishield, Covaxin vaccines under Green Pass scheme
India has requested the EU member nations to accept the vaccination certificate issued through the CoWIN portal.
The European Union”s Digital COVID certificate or “Green Pass” will be rolled out on Thursday with an aim to facilitate free movement during the COVID-19 pandemic is to come into effect on Thursday.