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RCap resolution: NCLT to hear IIHL plea for deadline extension on June 20
IIHL has moved NCLT seeking a 90-day extension beyond the deadline...
Parametric Play: Insurance helps 46,000 Indian women avoid deadly work during heat waves
As soon as temperatures breached 43.6C in Ahmedabad, Makwana and...
Trust Re appoints Yassir Albaharna as CEO
With a renowned international profile and wide marketing network, Albaharna has more than 34 years of in-depth experience in the reinsurance industry. He was previously Chief Executive Officer of one of the premier reinsurance organisations in the Arab world and served as Vice Chairman of Trust Re since 2019.
India reports 2.08 lakh Covid cases as it conducts highest single-day tests; 4,157 more succumb
This is the second day in a row that positivity rate has remained below 10 per cent, the ministry said. Weekly positivity rate has also declined to 11.45 per cent. The updated data showed that the number of active cases have further come down to 24,95,591, constituting 9.19 per cent of the total infections, while the national COVID-19 recovery rate has improved to 89.66 per cent.
COVID-19: Daily cases fall below 2-lakh mark, positivity rate down to 9.54 per cent
New Delhi: The daily count of coronavirus cases in the country fell below the 2-lakh mark after over a month taking the total tally of COVID-19 cases to 2,69,48,874, while the death toll rose to 3,07,231, according to the Union Health Ministry data updated on...
Moderna’s single-dose COVID-19 vaccine in India likely next year; Pfizer ready with 5 cr doses for 2021
Pfizer has also sought certain relaxations in the regulatory regime, including relaxation in the requirement of post-approval bridging trials and dispensing the requirement of testing their vaccines in CDL (Central Drugs Laboratory).
Africa Specialty Risks Group becomes reinsurer in Mauritius
ASR is focused on becoming the partner of choice to corporations through the provision of comprehensive and bespoke risk mitigating insurance solutions, and offers capacity across Property, Construction, Political Risk, Trade Credit, Energy, Liability and PVT (War, Political Violence and Terrorism), with further lines of business being developed.
Australian general insurers welcome `Bushfire Funding’, say Tax Rise ‘Unsustainable
The federal government’s allocation of A$1.2 billion (US$931 million) over five years to improve Australia’s capability to prepare for, respond to, and recover from natural disasters and now the Victorian government’s A$517 million investment in bushfire specific resilience initiatives will protect communities vulnerable to the impact of extreme weather and natural disasters,the ICA said in a statement.
“This welcome news is tempered, however, by the Victorian budget’s projections that revenue from insurance stamp duty will increase by almost one-third over the budget estimates, rising 29% from A$1.517 billion in 2020-21 to A$1.959 billion [US$1.519 billion] in 2024-25,” the ICA explained.
Yaas intensifies into very severe cyclonic storm: IMD; eastern states evacuate more than 12 lakh people
`Yaas’, which was positioned 160 km south-southeast of Paradip in Odisha and 240 km south-southeast of Digha in West Bengal over north-west and adjoining west-central Bay of Bengal on Tuesday evening, is likely to gain a maximum speed of 155 kmph to 165 kmph gusting to 185 kmph during landfall, the Met department said.
Renault-Nissan, Hyundai and Royal Enfield face shutdowns in over workers’ COVID fears
Tamil Nadu is one of the worst hit states with more than 30,000 cases a day last week. The state, an auto hub known as India’s Detroit, has imposed a lockdown until May 31 but allowed some factories, including auto plants, to continue operating.
India’s total deaths from COVID-19 surpass 300,000
The number of people who have recuperated from the disease surged to 2,37,28,011, while the case fatality rate has increased to 1.14 percent, the data stated.
Feature for on-site registration enabled for 18-44 age group on CoWIN: Govt
This feature will not be available for private CVCs and they will have to publish their vaccination schedules exclusively with slots for online appointments.