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Pandemic

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Governments need to be ‘insurers of last resort’ to protect businesses from pandemic risks: Report

Jad Ariss, Managing Director, The Geneva Association, said: “It is a tragedy that businesses, particularly SMEs, have suffered so much financial loss during the pandemic as a result of the lockdowns, which were beyond their control. The public sector had to step in with multi-trillion dollar emergency relief measures. Governments and insurers must work together on how to close the massive protection gap exposed by COVID-19, with governments as the leading players.”

‘Please help!’ India’s Covid-19 tragedy spills onto social media

The collapse of the country’s decrepit public health system is evident in the gut-wrenching photos on social media of multiple Covid patients sharing a single hospital bed, a line of ambulances outside a hospital in Mumbai, and people dying as they wait for oxygen. Government helplines are broken. Thousands of social media forwards plead for the antiviral drug Remdesivir, and many more seek donor plasma.

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