Factors besides climate change — such as poor flood-control...
Category:
Non-Life
Latest
RBI approves Zurich Insurance deal to buy 70 per cent in Kotak General Insurance
In February, Zurich Insurance had said it would acquire a 70...
Kirloskar group’s Arka Fincap receives IRDA license for corporate agency
Mumbai: Arka Fincap Limited, a NBFC and subsidiary of Kirloskar Oil...
India’s COVID-19 emergency is wake-up call to Africa -AU health chief
African nations generally do not have sufficient numbers of health care workers, hospital beds, oxygen supplies, and the continent of 1.3 billion would be even more overwhelmed than India if cases surged in a similar way, said John Nkengasong, head of the Africa Centres for Disease Control and Prevention.
“We are watching with total disbelief…What is happening in India cannot be ignored by our continent,” he told reporters.
Chubb and Marsh partnership to provide $150 million cover for the COVAX Program for 92 low and middle-income countries
Through Chubb’s and Marsh’s collaboration, up to $150 million in insurance is provided for the COVAX No Fault Compensation Program to cover compensation payments to eligible individuals in the 92 lower-income countries and economies, known as the Gavi COVAX Advance Market Commitment (AMC) eligible economies.
Insurance broker Marsh led the global placement of the bespoke solution. Chubb is the lead insurer, supported by a further 10 insurers located in the U.S., U.K., Germany, Ireland, Switzerland and Bermuda.
Insurers have to settle cashless Covid-19 claims in 1 hr:IRDA
The IRDAI’s direction to the insurers has come following the Delhi High Court’s direction to the insurance regulator to advise insurers to communicate their cashless approvals to the concerned hospitals/establishments within a maximum time period of 30 to 60 minutes so that there shall not be any delay in discharge of patients and hospital beds do not remain unoccupied,
Increased cancer risk for petroleum industry workers and people living near plants: New UN study
The findings add to increasing evidence of the health consequences of air pollution from petroleum extraction and refining.
India has one of the lowest Covid mortality rates in world: Vardhan
Health ministry releases revised guidelines for home isolation of mild Covid-19 cases
Elderly patients aged more than 60 years and those with co-morbid conditions such as hypertension, diabetes, heart disease, chronic lung or liver or kidney disease, cerebrovascular disease etc shall only be allowed home isolation after a proper evaluation by the treating medical officer, it added.
In case of falling oxygen saturation levels or shortness of breath, the person should require hospital admission and seek immediate consultation with the treating physician or surveillance team.
Past Covid-19 infection does not fully protect young people against reinfection: Lancet
“As vaccine roll outs continue to gain momentum it is important to remember that, despite a prior Covid-19 infection, young people can catch the virus again and may still transmit it to others,” said Professor Stuart Sealfon, of Icahn School of Medicine at Mount Sinai, a senior author of the study.
“Immunity is not guaranteed by past infection, and vaccinations that provide additional protection are still needed for those who have had Covid-19,” Sealfon said.
India’s second COVID-19 wave may impede economic recovery, says S&P
S&P, which has a long-term credit rating of ‘BBB-‘ on India, just one notch above junk, said it may have to revise its base-case assumption of 11% growth over fiscal 2021/2022, especially if wider containment measures are re-imposed.
Four patients die in fire at private hospital in Maharashtra’s Thane
Wednesday’s fire broke out at the Prime Criticare Hospital at Kausa-Mumbra locality at 3.40 am, the official said. There were no coronavirus patients in the hospital, he added.The incident comes five days after 15 coronavirus patients died in a blaze in the intensive care unit of a private hospital at Virar in the adjoining Palghar district.
Global InsurTech sector sees record investment, surges 180 % to $2.55 billion in Q1 2021
Eight companies accounted for more than $1.13 billion in funding during the quarter, 44% of the total raised. That marks a new quarterly high for the number of mega-round fundraisings of $100 million or more.