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Pfizer, Astra vaccine antibody levels may decline after 2-3 months: Lancet
22 districts recorded increasing trend in COVID cases, 54 districts report 10 pc positivity: Health Ministry
While addressing a press briefing here, Union Health Ministry Joint Secretary Lav Agarwal said, “There are 22 districts — 7 from Kerala, 5 from Manipur, 3 in Meghalaya among others, where an increasing trend in cases has been reported, in the last 4 weeks. It is a cause of concern.” Agarwal said there are still 62 districts in the country where over 100 cases are reported every day, which are found in a localised and limited set of areas of these districts.
Swiss Re sees positive outlook for renewals, further market hardening expected
Overall, Swiss Re expects the non-life insurance market to continue to grow, driven primarily by exposure growth. Swiss Re Institute forecasts a global growth rate of 3.3% in real terms for 2021. Other factors driving demand are the awareness, triggered by COVID-19, of the danger of being uninsured and the increasing frequency of weather-related events.
Swiss Re is making use of advanced technology to lead the way in underwriting. This includes enriching client exposure information with geospatial data to improve both the accuracy and speed of risk and loss assessments. In contracts, natural language processing complements human contract reviews, which helps to flag favourable vs potentially problematic clauses and generate new wording insights
GIC Re incurs losses of Rs 557 cr in Q1 FY2020-21, sees higher underwriting losses and lower investment income
Global scenario for insurance industry for the FY 2020-21 has shown weak trends due to COVID-19 situation. GIC Re although has maintained its prominent position in Indian insurance sector, there has been reduction in business for the Q1 2020-21 partially due to strategic reduction of risk acceptance and partially due to reduction of overall direct premium in India, said the corporation..
GIC Re however expects to see rebound in business during the rest of the year. GIC Re’s gross premium for foreign business has shown a growth for the 1st Quarter 2020-21, added the corporation…
India records highest Coronavirus deaths in more than a month
According to the Indian Council of Medical Research, the number of tests conducted for detection of COVID-19 in India has reached 5,06,50,128 with 10,98,621 samples being tested on Monday.
India scaling up production of active pharmaceutical ingredients: Kant
Professor K Vijay Raghavan, Principal Scientific Advisor to the Government of India, said personalised medicines are the future in healthcare. Personalised medicine was till recently seen as a “fancy way of having individual-oriented medication” but today in India — due to the dramatic scaling up of telemedicine and a variety of tele-consulting ways — one is going to see personalised medicine at the grassroot-level in a population of more than a billion.
Max Life Insurance launches COVID-19 1-yr term rider with diagnosis and death benefit
This rider provides financial protectionin case of diagnosis anddeath due to COVID-19
Upon COVID-19 diagnosis, 20% ofridersum assured is provided
Upon deathafter being diagnosed with COVID-19,100% ofridersum assured will be paid to nominee in addition to the diagnosis benefit, if not already paid.
General insurance business in India to contract by 9% in 2020 due to COVID-19, says GlobalData
As per the latest data, India’s general insurance market is expected to register a compound annual growth rate (CAGR) of 4.7% over 2019-2024, as compared to the pre-COVID forecast of 11.9%, primarily due to the ongoing economic uncertainty and the imposition of country-wide lockdown restrictions.Pratyusha Mekala, Insurance Analyst at GlobalData, comments:
Mumbai International Airport airport rolls out contactless check-in system for passengers
“With the focus on passenger convenience, the new contactless technology has been developed in response to the rapidly changing passenger requirements due to the COVID-19 pandemic. We are working on enhancing passenger experience through the adoption of newer technologies that can be easily adapted by all,” said MIAL Chief Executive Officer Rajeev Jain.
India’s COVID-19 infection tally crosses 42 lakh
1,016 fatalities being reported in a span of 24 hours
The COVID-19 case fatality rate has further declined to 1.70 per cent.
There are 8,82,542 active cases of the infection in the country which comprises 20.99 per cent of the total caseload, the data stated.
According to the ICMR, a cumulative total of 4,95,51,507 samples have been tested up to September 6 with 7,20,362 samples being tested on Sunday.
Delhi Metro resumes services with strict safety measures after 169-day COVID hiatus
Wearing of masks inside train coaches and station premises is mandatory, and those found violating the guidelines would be fined by authorities.
Kolkata doctors provide free online consultation to patients of generic ailments
“Due to COVID-19, we are reluctant to visit doctors for generic illnesses & through this initiative, citizens can get hassle-free consultation by the city’s best doctors from safety of their homes via video call https://t.co/DUiH8XmaJE.
Visit our website https://t.co/yafzENa4ai to book your appointment now,” KMC Mayor and Urban Development and Municipal Affairs Minister Firhad Hakim said