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Medical Devices notified as drugs from 1 April 2020

by AIP Online Bureau | Mar 31, 2020 | Eco/Invest/Demography, Health, Indian News

  New Delhi: All medical devices shall be regulated by the government as drugs for quality control and price monitoring from April 1, 2020, the Ministry of Chemicals and Fertilizers said in a statement on Tuesday. The National Pharmaceutical Pricing Authority...

Dutch scientists found coronavirus in sewage before outbreak: Report

by AIP Online Bureau | Mar 31, 2020 | Eco/Invest/Demography, Facts, Health

  Dutch scientists were able to find the coronavirus in a city’s wastewater before Covid-19 cases were reported, demonstrating a novel early warning system for the pneumonia-causing disease.     The so-called SARS-CoV-2 coronavirus is often...

Covid -19 claims to hit Munich Re’s Q1 profitability

by AIP Online Bureau | Mar 31, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance

  Munich: Munich Re on Tuesday said in the first quarter of 2020,its  property-casualty reinsurance segment saw a considerable claims burden from losses in connection with the effects of the significantly worsened COVID-19 crisis. The claims expenditure...

“$35-bn liability in June quarter over COVID-19: Airlines” body

by AIP Online Bureau | Mar 31, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

New Delhi: The airlines are faced with refunding USD 35 billion of sold but unused tickets in the April-June period as governments across the world have imposed travel restrictions to curb the spread of the novel coronavirus pandemic, according to a global...

IRDA clears 16 Regulatory Sand Box proposals from 8 insurers

by AIP Online Bureau | Mar 31, 2020 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation

  Hyderabad: The IRDAI in its second tranche of approvals related to innovative product proposals from Non-Life, Life and Intermediaries segments , under the Regulatory Sandbox plans, has allowed 16 products from five general insurers and three life...
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