Cyber breaches that are not detected and contained early can be as...
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Reinsurers stick to rule book, to pay only upto Rs 500 crore as claims for Rs 12,000 cr Teesta Hydro power project
“For Sikkim event, loss assessment is underway. We do not...
Munich Re lifts target as lower-than-expected claims fuel profit
Chief Executive Officer Joachim Wenning is in the midst of a...
COVID-19 coronavirus:Chinese tourist in France, first such death in Europe
-European Commissioner for Health and Food Safety Stella Kyriakides warned ministers at the event in Brussels that “viruses know no borders”,
-She said coordination within the EU was vital in fighting the virus, including sharing information and cooperation between countries.“We are determined to ensure an effective, coherent EU-level response,” she said, adding: “We need to be united in our response – coherent and coordinated with each other.”
COVID-19 coronavirus:Locking people up to stop virus spread could prompt legal fights
The measures stop well short of the response to the outbreak in China, where the authorities have locked down cities and regions with tens of millions of residents. Still, the moves are unprecedented in recent years for western democracies as governments try to balance the need to protect public health against a desire to uphold individual rights.
Coronavirus: China tries 3,000-year-old traditional remedy to treat patients
Treatment in Wuhan hospitals combine Traditional Chinese Medicine, popularly known as TCM, and western medicines, said Wang Hesheng, the new health commission head in Hubei, the province at the center of the virus outbreak. He said TCM was applied on more than half of confirmed cases in Hubei.
Non-life insurers’ Jan premium collection up 7.2% at Rs 17,226 cr
The seven stand-alone private sector non-life insurers registered a 28 per cent jump in their collective premium income at Rs 1,530.75 crore in January.
Coronavirus triggers major dislocation in global supply chains
“All the signs are that there has been a major dislocation in global supply chains and commodity trade as well,” said Caroline Bain, chief commodities economist at Capital Economics. For some products “it’s only going to get worse in February data.”
Bank accounts of over 200 NDMC employees hacked, money siphoned off
NEW DELHI : Bank accounts of more than 200 employees of New Delhi Municipal Corporation (NDMC) were allegedly hacked and money siphoned off in the first week of February, police said on Friday. Though police have received only two complaints of online fraud...
China cleans, locks away banknotes to stop virus spread
The virus, which has infected more than 66,000 people in China,killed over 1500 people and spread to more than two dozen other countries, has sparked a rush to disinfect public places and minimise contact between people.
DGCA orders probe into Air India’s tail-strike incident
On Saturday the Air India flight from Pune to Delhi was involved in a tail-strike incident during take-off. Sources said the aircraft’s tail struck an object while it tried to dodge a jeep which had entered the runway area at the time of the take-off.
Coronavirus epidemic could infect two-thirds of World’s population: WHO Scientist
Longini’s modeling is based on data showing that each infected person normally transmits the disease to two to three other people. A lack of rapid tests and the relative mildness of the infection in some people also makes it difficult to track its spread, he said.
SCOR acquires a majority stake in Brazilian AgroBrasil,strengthens expertise in agriculture
Laurent Rousseau, Deputy Chief Executive Officer of SCOR Global P&C, and CEO of the Specialty Insurance business, comments: “Through this acquisition, SCOR is further building its Specialty Insurance franchise and MGA platform. SCOR will also strengthen its expertise in agriculture insurance, a highly complex specialty: being at the forefront of technical risk-knowledge and fostering product innovation for the benefit of our clients around the world is an integral part of our DNA.”