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Covid-19: IRDAI penalises Salasar Services Insurance Brokers Rs 8 lakh for misleading its customers on BI claims

The information brochure by Salasar Services Insurance Brokers clearly advised its clients, to lodge the business interruption claim and also stated that insurer prima facie may deny the claim which can be contested later.

This statement may give a hope to the clients that the denial of claim can be successfully contested at a later date. This is a wrong and misleading advice and the broker, being a professional should not issue such a misleading advice to their clients, said the IRDAI..

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When can masks be ditched? UK leader to revamp virus rules

”But I must stress that the pandemic is not over and that cases will continue to rise over the coming weeks. Some doctors have expressed concerns about easing restrictions further as infection rates continue to rise. But there hasn’t been an equivalent increase in COVID-19 hospitalizations or deaths, emboldening ministers who believe that Britain must learn to live with the virus and that the time is right to end the remaining restrictions.” said Boris Johnson, Prime Minister,UK

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India records 39,796 new COVID-19 cases, 723 deaths

The case fatality rate stands at 1.32 per cent, the data stated.

The cumulative vaccine doses administered has reached 35.28 crore under the nationwide vaccination drive, the ministry said.
“Eight States viz. Uttar Pradesh, Madhya Pradesh, Rajasthan, Tamil Nadu, Bihar, Gujarat, Karnataka, and Maharashtra have administered more than 50 lakh first dose of COVID-19 Vaccine in the age group 18-44 years”, the release stated. 

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Delta variant of Covid creates emerging market gap as outperformers hit

“Achievements in terms of vaccination will increasingly be a differentiation factor among emerging markets in the second half,” said Sebastien Barbe, head of emerging-market strategy at Credit Agricole. “The impact of the further spread of the virus variants will vary significantly depending on vaccination rates,” as well as economic and political factors, he added.

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Getting athletes to Olympics amid global pandemic a logistics nightmare

Although most athletes have been fully vaccinated and Games organizers require negative Covid tests prior to arrival, there have already been some upsets. Two members of Uganda’s Olympic squad tested positive in Japan last month, despite having been inoculated earlier, and over the weekend, a rower from Serbia tested positive.

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