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Europe dares to reopen as 200 millionth vaccine dose delivered

by AIP Online Bureau | May 10, 2021 | Eco/Invest/Demography, Health, International News, Life, Non-Life, Pandemic

MADRID/LONDON: As its vaccination drive reaches a third of adults and COVID-19 infections ease, Europe is starting to reopen cities and beaches, raising hopes that this summer’s holiday season can be saved before it is too late. Exhilarated Spaniards chanting...

Underwriters puzzle over how to make pandemics insurable again

by AIP Online Bureau | May 10, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance, Risk Management

  London, May 10: When much of the global economy locked down last year, insurers, facing estimated losses of more than $100 billion globally, reached straight for their red pens to strike pandemic cover from all new business policies. Denis Kessler, chairman and...

Toyota-backed self-driving car Pony.ai partners with Luminar

by AIP Online Bureau | May 10, 2021 | Eco/Invest/Demography, Facts, Non-Life, Risk Management, Technology

  Self-driving tech company Pony.ai, backed by Toyota Motor Corp, said on Monday its next-generation technology for robotaxis will be using lidars made by Luminar Technologies, Inc. Lidars are laser-based sensors that are a key component to many autonomous...

Universal pricing system for COVID-treatment introduced in pvt hospitals: Kerala govt tells HC

by AIP Online Bureau | May 10, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  Kochi: Days after the Kerala High Court expressed concern over the high fees levied by private hospitals on COVID-19 patients, the State government said on Monday it has put a cap on the charges and introduced a universal pricing system for its treatment. The...

Budget heading for vaccination expenditure does not inhibit Centre from using funds: FinMin

by AIP Online Bureau | May 10, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic

  New Delhi: The finance ministry on Monday said provisioning Rs 35,000 crore-expenditure for vaccines in the Union Budget for FY22 under the title 'Transfers to States' does in no way inhibit the central government from using the funds to buy COVID-19...
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