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Pandemic

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Sompo Global Risk Solutions to offer Epidemic and Pandemic protection

Aug 14, 2021 | , , , , , ,

Triggered by civil authority restriction resulting from international public health emergencies declared by the World Health Organization, the new Sompo GRS Epidemic and Pandemic Protection Program provides insurance based on a number of available pre-set coverage options including loss of income, extra expense, debt servicing, supply chain disruption and other fixed costs.

In its first year, limited capacity for the program is available to Sompo GRS clients and their captives in the real estate, hospitality, financial services, professional services, technology and life sciences industries, as well as the unit’s Asian-interest accounts.

Vaccine alliance secures $2 billion to fund COVID shots for poor nations

Nov 13, 2020 | , , ,

The European Commission, France, Spain, South Korea, the Bill & Melinda Gates Foundation and others had in recent weeks pledged another $360 million to the AMC, the alliance said, bringing total funding over the $2 billion target for this year.

Another $5 billion will be needed in 2021 to procure COVID-19 vaccine doses as they come through development and are approved by regulators, GAVI said in a statement.

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Europe ‘must grit teeth’ on COVID-19 as vaccine euphoria fades

Nov 13, 2020 | , , ,

As the euphoria that followed Pfizer’s announcement faded, European shares slipped back from their eight-month highs, with poor economic data from Britain adding to doubts about the rebound from the brutal slump caused by the first lockdowns.Its economy lost steam in September, hardening expectations that it will shrink again as 2020 ends.

Britain passed 50,000 COVID-19 deaths this week, and the 33,470 new cases registered on Thursday were its highest daily tally to date.

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India’s COVID-19 caseload reaches 87.28 lakh, recovery rate rises to 92.97 pc

Nov 13, 2020 | , , , ,

The COVID-19 case fatality rate has further declined to 1.47 per cent.

There are 4,84,547 active cases in the country which comprise 5.55 per cent of the total caseload, the data stated.
The 547 new fatalities include 122 from Maharashtra, 104 from Delhi, 54 from West Bengal, 25 each from Kerala and Tamil Nadu, 23 from Punjab, 21 each from Karnataka and Uttar Pradesh, 20 from Chhattisgarh and 19 from Haryana.

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India to get 100 million AstraZeneca’s Covid vaccines next month: Serum Institute head

Nov 13, 2020 | , , , ,

Drugmakers are just now getting data that will show how well their vaccine candidates work, but there are plenty of hurdles remaining as the global race to find an effective shot against the pathogen reaches its final stages. Astra and co-developer University of Oxford still need to see testing results. And even if their vaccine proves effective and gets a nod from regulators, there are questions over how easily and quickly the shot can be distributed

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WeWork losses mount but ‘seismic shift’ in office use seen helping recovery

Nov 13, 2020 | , , , , , ,

The pandemic has accelerated a “seismic shift” in the office sector that has put flexibility – an industry byword for the short-term leases the company embraces – and WeWork at the forefront, the memo signed by Chief Executive Sandeep Mathrani and Chief Financial Officer Ben Dunham said.

“This is our moment, and I know that together, we will continue to define the future of work,” they said.

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Olympic leaders raise hopes for safe Tokyo Games with fans

Nov 13, 2020 | , , , , , ,

News from pharmaceutical firm Pfizer on Monday of promising trials of its vaccine followed Tokyo hosting an international gymnastics competition at the weekend.

Having seen now the different (event) tests in Japan I think we can become more and more confident that we will have a reasonable number of spectators then also in the Olympic venues, IOC President Thomas Bach said.

Asked if the IOC could itself try to acquire vaccine doses for Olympic participants, Bach said contact is ongoing with the World Health Organization and a number of the manufacturers. There are different options under consideration, how vaccines can be made available, he said.

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North Korean, Russian hackers target COVID-19 researchers: Microsoft

Nov 13, 2020 | , , , ,

The software company said a Russian hacking group commonly nicknamed “Fancy Bear” – along with a pair of North Korean actors dubbed “Zinc” and “Cerium” by Microsoft – were implicated in recent attempts to break into the networks of seven pharmaceutical companies and vaccine researchers in Canada, France, India, South Korea, and the United States.

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COVID-19 caseload in India climbs to 86,83,916

Nov 12, 2020 | , , ,

There are 4,89,294 active cases of coronavirus infection in the country as on date which comprises 5.63 per cent of the total caseload, the data stated. The total recoveries have surged to 80, 66,501 pushing the national recovery rate to 92.89 per cent, while COVID-19 case fatality rate stands at 1.48 per cent.
The 550 new fatalities include 125 from Maharashtra, 85 from Delhi, 49 from West Bengal, 31 from Punjab, 29 from Kerala, 28 from Tamil Nadu, 25 each from Haryana and Chhattisgarh, 23 from Karnataka and 20 from Uttar Pradesh.

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