Farmers with less than two acres of land now have to pay...
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US Cyber market-Extortion activity likely reached an all-time high in 2023, says Tokio Marine HCC
In 2024, premium rate change in the US cyber insurance market has...
Hemant Nagpal to head Gallagher Re’s APAC Analytics, Rohan Bhappu to join Howden Asia
Gallagher Re has appointed Hemant Nagpal, an insider, as its head...
U.S. agency orders Ford to recall 3 million vehicles over air bags
The defect, which leads in rare instances to air bag inflators rupturing and sending potentially deadly metal fragments flying – especially after long-term exposure to high humidity – prompted the largest automotive recall in U.S. history of more than 67 million inflators. Worldwide, about 100 million inflators installed by 19 major automakers have been recalled.
Nord Stream 2’s future looks increasingly uncertain
Zurich Insurance Group AG terminated all of its coverages impacted by the sanctions and engineering firm Bilfinger SE is said to have cut ties with the project.
Fire at building site for India’s Serum Institute,Five die, vaccine output not hit
Adar Poonawalla, CEO of Serum Institute.The fire is believed to have started because of an electrical fault and was controlled after three hours, reported NDTV.
He said its manufacturing plant at Manjari here suffered a loss of over Rs 1,000 crore in Thursday’s fire that claimed five lives. a loss of over Rs 1,000 crore
Farmers” agitation has caused business loss of Rs 50,000 cr in Delhi-NCR: CAIT
“We look for a comprehensive solution of the contentious issue, and legitimate interest of all stakeholders needs to be protected,” Confederation of All India Traders (CAIT) Secretary-General Praveen Khandelwal said.
New China swine fever strains point to unlicensed vaccines
Two new strains of African swine fever have infected more than 1,000 sows on several farms owned by New Hope Liuhe, China’s fourth-largest producer, as well as pigs being fattened for the firm by contract farmers, said Yan Zhichun, the company’s chief science officer.
IRDAI constituted Panel suggests wide-ranging cyber liability covers
Cyber risks have accelerated by as much as 500 per cent since the first lockdown was imposed in India in March 2020. There is an increase in coronavirus-themed spam,likely resulting in more infected personal computers and phones.
Global survey conducted by Swiss Re reveals that Individuals are more worried about financial losses resulting from illicit access of financial credentials, identity theft, data loss due to technical issues and breach of privacy.
Covishield not to be taken by people severely allergic to any of its ingredients: Serum Institute
The vaccine maker also said that the vaccine recipient should also tell the healthcare provider about all the medical conditions before getting the Covishield vaccine including, “if you have ever had a severe allergic reaction (anaphylaxis) after any drug, food, any vaccine or any ingredients of Covishield vaccine”.
The recipients should also mention to the healthcare provider if they have fever, if they have a bleeding disorder or are on a blood thinner and also if they are immuno-compromised or are on a medicine that affects your immune system, it added.
SBI, ICICI Bank, HDFC Bank remain systemically important banks: RBI
SIBs are seen as ‘too big to fail (TBTF)’, creating expectation of government support for them in times of financial distress. These banks also enjoy certain advantages in funding markets.
Asia piracy incidents hit 5-year high in 2020, shipping insurance rates firm
The War risk insurance premium firm due to maritime threats
Asia-Pacific LR1 tanker rates hit 6 month-high in Dec 2020
Abducted crew still in captivity in Sulu-Celebes region
Singapore Straits comprise 35% of incidents in 2020
Going for vaccination is personal decision, people’s confidence will get boosted slowly: Jain
The sharp fall in COVID-19 vaccination drive had come after one severe and 50 minor cases of AEFI (adverse events following immunisation) were reported on Saturday.
On Tuesday, 26 cases of AEFI, were reported, including two severe ones. One of them had to be hospitalised.