Category:

Risk Management

Peruvian minister raises ‘controversy’ over Pfizer vaccine liability clause

Several other countries, including Brazil and Argentina, have raised concerns about liability waivers in their negotiations with Pfizer.

World Bank officials said on Tuesday they were working with countries to address the liability waiver issue which they said had emerged as one of the key obstacles to sealing vaccine supply deals.

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WhatsApp updates terms of service, privacy policy for users

”Our updated Terms and Privacy Policy provide more information on how we process your data, and our commitment to privacy.For example, we’ve added more information about more recent product features (like catalogs/ add to cart feature, etc) and functionalities, how we process your data for safety, security and integrity, and added more direct links to user settings, Help Center articles and how you can manage your information,” the spokesperson said.

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Bird flu: J-K, K’taka, Tamil Nadu on alert; culling of chickens and ducks starts in Kerala

In Madhya Pradesh, officials said that 155 dead crows in Indore have been found with the H5N8 strain since the pathogen was first detected in the city a week back, while in Rajasthan, after Jhalwar, birds in Kota and Baran were found with the infection. However, no cases have been reported yet in Maharashtra, which shares borders with Madhya Pradesh.

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1 Jan renewals:Reinsurers arrest downward pricing, say no to ongoing Contagious Disease exposures

Improving investment markets, retained earnings and newly raised capital helped global reinsurance capital levels to recover rapidly during 2020, ending the year 3% higher than at year-end 2019.

For buyers, terms and conditions have overall been less onerous than initially feared again revealing the efficient working of the global reinsurance market,

Emerging COVID-19 losses, often advised only late in the renewal process or yet to be advised, triggered technical discussions of primary policy coverage and reinsurance treaty wordings.
Both remain in the early stages of deliberation, so, sensibly, most programmes renewed without considering any potential COVID-19 losses, leaving time for more measured discussions and subsequent adjustments.

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