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Take steps to reduce cost of COVID-19 treatment: Kerala HC to govt

by AIP Online Bureau | Apr 30, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  Kochi: Observing that the COVID-19 situation in Kerala is serious, the Kerala High Court on Friday directed the State government to take steps to cut the cost of treatment for the virus at private hospitals. The court gave this direction while considering a...

Suspension of scheduled international passenger flights extended till May 31 due to Covid-19: DGCA

by AIP Online Bureau | Apr 30, 2021 | Indian News, Non-Life, Regulation

NEW DELHI: The coronavirus-induced suspension of scheduled international passenger flights has been extended till May 31, aviation regulator DGCA said on Friday. "However, international scheduled flights may be allowed on selected routes by the competent...

AM Best places credit ratings of Singapore Re under review with developing implications

by AIP Online Bureau | Apr 30, 2021 | International News, Non-Life, Reinsurance, Risk Management

  Singapore AM Best has placed under review with developing implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Singapore Reinsurance Corporation Limited (Singapore Re) (Singapore). This...

India’s insurers face potential profitability and solvency margin pressures as health segment grows:AM BEST

by AIP Online Bureau | Apr 30, 2021 | Health, Indian News, Non-Life

  SINGAPORE: While India’s health insurance industry continues to be among the key drivers of the country’s non-life insurance growth, insurers’ underwriting results have not kept up with the expansion of the health business, which could lead to...

MHA directs states to ensure local containment measures in districts with high Covid caseload

by AIP Online Bureau | Apr 30, 2021 | Eco/Invest/Demography, Indian News

  New Delhi: The Centre directed the states and Union territories on Thursday to go for intensive and local containment measures in districts with a high number of COVID-19 cases to check the spread of the viral disease. The Ministry of Home Affairs (MHA),...
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