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DUAL launches new capability in title insurance in Australia & New Zealand
The primary focus will be (i) real estate transactions involving...
AstraZeneca acknowledges potential link between vaccine and rare blood clots in UK court
The Daily Telegraph' reports that in a legal document submitted to...
India’s present overall case positivity rate suggests COVID-19 close to being under control
Addressing a weekly press conference, Union Health Secretary Rajesh Bhushan said though certain states, including Maharashtra, Kerala, Tamil Nadu, Punjab, Gujarat and Madhya Pradesh, are seeing a surge in number of COVID-19 active cases, ”the fact remains that recovered cases are still more than 97 per cent and India’s total active cases are less than 2 per cent (1.51 per cent)”. Bhushan said that central teams have been deputed to Maharashtra, Tamil Nadu, Punjab, Gujarat and Madhya Pradesh.
Insurers have to provide some key info to their health customers twice a year:IRDAI
Among the key information, insurers have to provide to their health insurance customers by 1st June 2021 are-,
-Extent of coverage available by way of available Sum Insured and Cumulative Bonus,
-Number of insured people covered under policy,
– Policy period,
-Number and amount of claim settled (under relevant period), if any,
-Balance Sum Insured and Accrued cumulative bonus available, if any,
-Due date of renewal and premium payment frequency,
– Premium amount due on renewal (to be specified at the time of renewal)
India reports 15,510 new COVID-19 cases, 106 deaths
Prime Minister Narendra Modi on Monday took the first dose of Covaxin, India’s homegrown coronavirus vaccine developed by biotechnology firm Bharat Biotech and the Indian Council of Medical Research, addressing hesitancy over the COVID-19 vaccine.
British insurer Aviva sets out net zero 2040 climate strategy
Aviva will by the end of this year stop underwriting insurance for companies making more than 5% of their revenue from coal or “unconventional” fossil fuels such as shale gas, unless they have signed up to the Science Based Targets initiative, an NGO-led group that signs off on corporate climate plans.
Sagarmala Dev Co inks pacts for maritime projs worth Rs 11,870 cr
SDCL has signed MoUs in relation to the development of product-specific warehouse, operationalisation of specialised vessels such as Ro-Ro, cruise and to explore various investment opportunities available for the development of ports and maritime-related activities, Dilip Kumar Gupta, Managing Director and Director (Projects), Sagarmala Development Company said.
Insurtech platform premiums to exceed $556 Billion globally in 2025, as AI drives market transformation
Insurtech to Represent 8% of Global Insurance Premiums by 2025
The top 5 leading vendors were found to be:Ping An,Axa,Munich Re,Humana and Allianz.
The report identified that weakened customer loyalty, and the driving down of premiums by increased competition and the shift to digital will cause seismic change in insurance over the next five years.
Machine learning could aid mental health diagnoses: Study
Patients with depression or psychosis rarely experience symptoms of purely one or the other illness. Historically, this has meant that mental health clinicians give a diagnosis of a ‘primary’ illness, but with secondary symptoms. Making an accurate diagnosis is a big challenge for clinicians and diagnoses often do not accurately reflect the complexity of individual experience or indeed neurobiology.
New healthcare investment policy approved to attract investors: J-K LG
Terming the healthcare sector as imperative for the development of the Union Territory, Lt Governor Manoj Sinha said J&K is spending 2.86 per cent of its GSDP on public health, which is the best in the country.
”Special attention is being paid to three areas – prevention, better treatment and care,” he added.
“Five new medical colleges, two AIIMS, nearly 1,000 healthcare and wellness centres, five new nursing colleges, BSc paramedical course as well as more than 100 per cent increase in medical seats are contributing towards the development and advancement of the healthcare sector in the UT,” he added.
Pvt health insurers offering 80-100 pc discounts on renewal premia for healthy customers
Aditya Birla Health will give a customer up to 100 per cent health returns if the insured earned enough health returns by looking after his/her health by being physically active on a regular basis.
Govt fixes Covid vaccine price at Rs 250 a shot for pvt hospitals
The Union Government has fixed the price of vaccines at Rs 250 for a dose which would be available at private hospitals for people above 60 years of age and those above 45 years of age with comorbidities, and will be vaccinated starting March 1, sources said.
The government has decided that the people will be vaccinated free of cost at the government hospitals.
The cost break-up is Rs 150 for a dose plus Rs 100 as a service charge which the private facilities can charge from the beneficiaries.