Lessors are suing dozens of insurers around the world over losses...
Category:
Non-Life
Latest
Singapore Airlines offers compensation for flight hit by turbulence
“Passengers medically assessed as having sustained serious...
Domestic passenger vehicle sales rise 4% in May to 347,492 units: SIAM
Moreover, the two-wheeler segment saw a notable 10% rise in sales,...
Macron calls for WHO powers to be boosted, Merkel backs call for pandemic treaty
Macron and German Chancellor Angela Merkel, in separate pre-recorded remarks to the WHO’s annual ministerial assembly, called for the U.N. agency’s funding to be improved and backed the idea of a new international treaty to prevent pandemics.
As China grows old, elder care costs loom large
According to the National Bureau of Statistics (NBS), in about 25 years, one-third of China’s population will be retirees, and their living and health care expenses will take up one-fourth of the country’s Gross domestic product (GDP). Moreover, China’s increasing elderly population will reduce the supply of labor force and increase the burden on families’ elder care and the pressure on the supply of basic public services.
No indication children will be severely affected in third Covid wave: Gov
“Data from the first and the second wave shows that children are usually protected from Covid and even if they get it, they have mild infection,” he said.
He, however, said children have suffered collateral damage during the pandemic due to gender gap in education, stress and mental issues, smartphone dependence/addiction, and interrupted educational opportunities.
18 states have reported 5,424 cases of black fungus; highest in Gujarat, Maharashtra
”Out of these 5,424 cases of mucormycosis, we have seen that 4, 556 cases have a history of COVID-19 infection, while 875 cases are amongst non-COVID patients. Diabetes was present in 55 percent of the patients.
”We have been warning, issuing advisories and, through our experts, it has been communicated that indiscriminate use of steroids must be avoided and diabetes must be treated thoroughly as best as possible,” he said.
Ship owner says Suez Canal was at fault over Ever Given grounding: Lawyer
The Ever Given, one of the world’s largest container ships, became jammed across the canal in high winds on March 23, and remained grounded for six days, blocking traffic in both directions and disrupting global trade.
The vessel has since been held in a lake between two stretches of the canal as the Suez Canal Authority (SCA) pursues a $916.5 million claim against Japanese owner Shoei Kisen.
CNA Paid $40 Million in Ransom After March Cyber Attack
Ransomware attacks — and particularly payments — are rarely disclosed so it’s difficult to know what the biggest ransoms have been. The average payment in 2020 was $312,493, according to Palo Alto Networks, a 171% increase over the previous year. The $40 million payment is bigger than any previously disclosed payments to hackers, according to three people familiar with ransomware negotiations.
Canada unprepared for facing climate change induced mega-hurricane-risk:Swiss-re-
But as ocean surfaces warm, the frequency, duration and intensity of storms increase. That’s extending their range and making Canada, where just one or two tropical cyclones make landfall each year, more vulnerable, according to the Zurich-based company, which provides reinsurance to 15% of the country’s insurance industry.
Italy probes Allianz Direct, Zurich for alleged cartel among automobile insurers
In a statement, the Italian Competition Authority said the companies involved were able to charge consumers higher premiums for automobile insurance policies as a result of the insurers and price comparison companies regularly sharing reports, prepared by the price comparers, of “sensitive information” on the market for auto policies.The probe involves, among others, Allianz Direct, Admiral Intermediary Services, Linear, Genertel, Zurich and price comparison websites such as facile.it.
COVID-19:Lockdown extended in Delhi, Haryana, Rajasthan
The national capital has been under a lockdown since April 19 in view of a surge in COVID-19 cases in the second wave of the pandemic. According to Delhi Health Bulletin issued on Saturday, Delhi reported 2,260 new coronavirus cases in the last 24 hours, which is the lowest number of new cases since March 31 this year.
German cyber security chief fears hackers could target hospitals
German clinics have been targeted by a series of cyberattacks over the last five years, and Arne Schoenbohm, president of the BSI federal cybersecurity agency, told Zeit Online newspaper he saw “a greater danger at hospitals”.