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Inclusivity: Star Health launches of an industry-first insurance policy in Braille
Anand Roy, MD & CEO of Star Health Insurance said, “This policy...
Institutional investors put in bids worth Rs 2,300 cr for GIC Re OFS
Based on indicative price of Rs 395.03 for the bids, institutional...
Israel sees steep drop in Pfizer vaccine efficacy rate: Report
The government is considering reinstating additional coronavirus-related restrictions after restoring a mandate to wear masks indoors in public spaces. Officials are also discussing whether to recommend a third dose of vaccine, the report said.
Covid-19: IRDAI penalises Salasar Services Insurance Brokers Rs 8 lakh for misleading its customers on BI claims
The information brochure by Salasar Services Insurance Brokers clearly advised its clients, to lodge the business interruption claim and also stated that insurer prima facie may deny the claim which can be contested later.
This statement may give a hope to the clients that the denial of claim can be successfully contested at a later date. This is a wrong and misleading advice and the broker, being a professional should not issue such a misleading advice to their clients, said the IRDAI..
Airlines can operate maximum of 65 pc pre-Covid domestic flights: Gov
The May 28 decision to bring down the cap from 80 to 50 per cent was taken ”in view of the sudden surge in the number of active COVID-19 cases across the country, decrease in passenger traffic and the passenger load (occupancy rate) factor”, the ministry had said.
Stock exchanges, other officials liable to face penalties for tech glitches: Sebi
Stock exchanges, clearing corporation and depositories will have to pay in the range of Rs 1 lakh each working day to Rs 2 crore for flouting Standard Operating Procedure while Managing Director (MD) and Chief Technology Officer (CTO) of the MIIs concerned will have to cough up 10 per cent of their respective annual pay.
To avoid technical glitches, Sebi has suggested that MIIs should have Business Continuity Planning, disaster recovery policies and system audit processes in place.
9 trends to watch as aviation readies for post Covid-19 takeoff
Says Cristina Schoen, Global Head of Aviation Claims at AGCS,”Covid-19 has not been a direct driver of aviation claims over the past year .
As a result of the significant reduction in commercial airline travel during the pandemic we saw fewer attritional claims than we would during a typical year. However, the insurance sector was not immune to larger losses during the course of the pandemic, with different regions seeing tragic accidents, emergency landings and hull losses to name a few. As air travel begins to return to pre-pandemic levels we expect claims volume to rise accordingly”
Two-thirds of communicable infections animal borne, knowledge of zoonotic diseases important: Kerala Minister
She further said that besides the common zoonotic diseases, like leptospirosis, scrub typhus, monkey fever, Nipah, rabies, Japanese fever and West Nile fever, which are commonly reported in Kerala, COVID-19 also poses a threat to public health.
15 million in US missed second dose of Covid jab: CDC
But experts stress that completing vaccination will be crucial as the highly transmissible Delta variant of Covid continues its spread, the report said.
As of Saturday, the CDC said 182,109,860 people had received at least one dose while 156,982,549 people are fully vaccinated.
When can masks be ditched? UK leader to revamp virus rules
”But I must stress that the pandemic is not over and that cases will continue to rise over the coming weeks. Some doctors have expressed concerns about easing restrictions further as infection rates continue to rise. But there hasn’t been an equivalent increase in COVID-19 hospitalizations or deaths, emboldening ministers who believe that Britain must learn to live with the virus and that the time is right to end the remaining restrictions.” said Boris Johnson, Prime Minister,UK
Should people with immune problems get third vaccine doses?
Since April, health care providers in France have routinely given a third dose of a two-dose vaccine to people with certain immune conditions. The number of organ transplant recipients who had antibodies increased to 68% four weeks after the third dose from 40% after the second dose, one team of French researchers recently reported.
India records 39,796 new COVID-19 cases, 723 deaths
The case fatality rate stands at 1.32 per cent, the data stated.
The cumulative vaccine doses administered has reached 35.28 crore under the nationwide vaccination drive, the ministry said.
“Eight States viz. Uttar Pradesh, Madhya Pradesh, Rajasthan, Tamil Nadu, Bihar, Gujarat, Karnataka, and Maharashtra have administered more than 50 lakh first dose of COVID-19 Vaccine in the age group 18-44 years”, the release stated.