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Pandemic

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IAF sacks staffer for refusing to get vaccinated against COVID-19

Aug 12, 2021 | , , , ,

“Across India, only nine personnel have refused to take the vaccine. All of them were given show-cause notice…one did not respond, so in view of the lack of response, his service is already terminated,” Vyas told the court.

He said as far as the vaccine, in general, is concerned, it is optional, but so far as the Air Force is concerned, it is now made a service condition, which is in continuation of the oath taken at the time of enrollment in the service. Also, it is imperative to see to it that the Force is not put in a vulnerable state, and it is required for personnel to mandatorily get vaccinated, he told the court.

Intranasal vaccine blocks Covid, stops transmission in animal trials

Aug 12, 2021 | , , ,

The researchers found the animals showed complete protection from lung infection, inflammation and lesions following exposure to the SARS-CoV-2 virus.

The two doses of the vaccine were found to significantly reduce the virus “shedding” from the nose and lungs of the hamsters — suggesting the preventive has the potential to control infection at the site of inoculation, they said.

One in five COVID-19 patients develop mental illness within 90 days – Lancet study

Nov 9, 2020 | , , ,

People have been worried that COVID-19 survivors will be at greater risk of mental health problems, and our findings … show this to be likely,” said Paul Harrison, a professor of psychiatry at Britain’s Oxford University.

Doctors and scientists around the world urgently need to investigate the causes and identify new treatments for mental illness after COVID-19, Harrison said.

“(Health) services need to be ready to provide care, especially since our results are likely to be underestimates (of the number of psychiatric patients),” he added.

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Global uncertainty could risk World War Three – UK military chief

Nov 8, 2020 | , , ,

“I think we are living at a moment in time where the world is a very uncertain and anxious place and of course, the dynamic of global competition is a feature of our lives as well, and I think the real risk we have with quite a lot of the regional conflicts that are gong on at the moment, is you could see escalation lead to miscalculation,” Carter told Sky News.

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Buffett’s Berkshire suffers in Covid pandemic even as Apple boosts profit

Nov 8, 2020 | , , ,

Insurance profit fell 58% to $802 million, reflecting lower premiums at Geico, COVID-19, Hurricanes Laura and Sally, and lower income from investments as interest rates tumble.

Geico awarded drivers $2.5 billion of credits on policy renewals this year, and Berkshire said its accounting for those credits should hurt underwriting results through March 2021.

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India’s COVID-19 caseload goes past 84 lakh with 47,638 fresh infections

Nov 6, 2020 | , , ,

A total 77,65,966 people have recuperated from COVID-19 so far, pushing the national recovery rate to 92.32 per cent, while the case fatality rate stands at 1.49 per cent.

The number of active COVID-19 cases remained below 6 lakh for the eighth consecutive day.

There are 5,20,773 active cases of coronavirus infection in the country as on date, which comprises 6.19 per cent of the total caseload, data stated.

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Shifting global supply chain can add $63 billion of prms in 5-yrs: Swiss Re 

Nov 5, 2020 | , , , ,

“Yes, supply chain changes are happening, they are real, and I think in the bigger picture this is positive.There are real opportunities during the transition. The insurance industry has a growing opportunity to offer cover in areas such as business interruption (BI), also contingent BI and non-damage BI’’ said Jerome Jean Haegeli, group chief economist, Swiss Re, said while speaking at a session on  “De-risking Global Supply Chain: Strengthening Resilience in a time of Disruption”, during the SIRC 2020 Re-Mind virtual conference on Wednesday.

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India sees early vaccine launch as AstraZeneca deliveries run late

Nov 5, 2020 | , , ,

An Indian government-backed vaccine could be launched as early as February – months earlier than expected – as last-stage trials begin this month and studies have so far showed it is safe and effective, a senior government scientist told Reuters.

Bharat Biotech, a private company that is developing COVAXIN with the government-run Indian Council of Medical Research (ICMR), had earlier hoped to launch it only in the second quarter of next year.

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Poor public risk management led to higher Covid-19 Pandemic losses and P&C market exposure:Denis Kessler 

Nov 4, 2020 | , , , , ,

Denis Kessler, chairman and chief executive officer of SCOR said that this is the biggest surprise of the crisis because it’s the opposite of what, broadly speaking, had been anticipated and modelled for pandemic risk. While the industry was certainly not unaware of pandemic threat, it failed to accurately anticipate the lines it would impact most severely

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