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Non-Life

IRDAI allows home treatment as add-on cover in health insurance

Reacting to the development, Liberty General Insurance Ltd’s CEO and Whole Time Director Roopam Asthana told IANS that the “add-on cover has to be priced right taking into account the data and possible scenarios”.

Though the insurers will save on huge daily hospital room charges, the doctor and nurse fee may be on slightly on the higher side then what a hospital charges.

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SC reserves verdict on Rs 4 lakh ex-gratia compensation to kin of COVID-19 deceased

The top court asked the parties to file written submissions in three days and specifically directed the Centre to simplify the process of grant of death certificates to the dependents of those who have died of COVID-19.

The Centre had earlier told the apex court that the ex-gratia compensation of Rs 4 lakh cannot be paid to the families of those who have died of COVID-19 as the finances of state governments and the Centre are under severe strain.

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India reports around 40 cases of Delta plus variant

“As of now among the samples sequenced (45000+) in India, Delta plus variant — AY.1 –has been observed sporadically in Maharashtra, Kerala and Madhya Pradesh, with around 40 cases identified so far and no significant increase in prevalence,” the ministry said in its statement.

These three states have been advised to strengthen surveillance and take appropriate public health measures.
 AstraZeneca Plc’s COVID-19 vaccine is effective against Delta and Kappa variants, which were first identified in India, the company said on Tuesday, citing a study.

The study by the Oxford University investigated the ability of monoclonal antibodies in blood from recovered people and from those vaccinated to neutralize the Delta and Kappa variants, the statement said.

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Men took bigger jobs hit in pandemic across euro zone: ECB study

Men accounted for more than 60% of the jobs losses last year, while in terms of hours worked they suffered more than two-thirds of the overall drop, the ECB said in an Economic Bulletin article.

With women heavily represented in the leisure and hospitality sector, some economists and even ECB officials warned that women were at risk of losing more, but the study suggests that women found new work more easily then men.

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Howden Australia appoints Matt Bacon as CEO

Matt, Stuart and Nick join a strong cohort of industry leaders at the firm, driving forward the ambitious growth objectives of Howden Australia, which only launched on 1st March 2021. It is focused on specialist industry and product segments such as Financial Lines, Corporate Risks, Commercial and Affinity, Workers Compensation, Group Risk and Alternative Risk Transfer Solutions.

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