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Approval of COVID vaccine lends strength to optimism on health, eco fronts: FinMin report
India, the report said, ”has been successful in bending the COVID-curve till now, with reducing weekly/daily infections, rising recovery rate (now at around 95 per cent) and one of the world’s lowest case fatality rates”. The downside risk, however, remains due to the spread of the UK variant and fatigue from social distancing guidelines, it said, adding the emphasis on continued observation of ‘COVID appropriate’ behaviour with the due exercise of caution and surveillance needs to be sustained.
MS Amlin Underwriting launches Phoenix 1 Re Pte,first locally issued ILS to focus solely on APAC region
Phoenix 1 Re Pte. Ltd. is the landmark first locally issued ILS to provide capacity to a local cedant, solely focused on the Pan-Asia region.
Will Ho, CEO, MS AAP said: “ Through the creation of a remote risk facility, which caters to regional business, MS AAP will now be able to leverage larger capacity that we can deploy to our core clients on their reinsurance programmes as demand and growth increases in Asia. Phoenix 1 Re is an important long-term strategic initiative for MS AAP as we continue to seek ways to build capacity and relationships with capital market partners.”
China doubles down on COVID narrative as WHO investigation looms
A COVID-19 shot for $150? Online scams surge as slow vaccine rollout frustrates
Indian vaccine makers end spat, pledge ‘smooth rollout’ of COVID-19 shots
Private sector should be an ally In India’s big vaccine push
The ugly truth about India is that its problems rarely revolve around production; too often they center on distribution. We produce more than enough food but can’t distribute it to our population, so we have a third of the world’s malnourished children. While we generate more than enough electricity, our distribution system is inefficient and unprofitable – and so businesses and homes are plagued by constant power cuts.
Ready to roll out COVID-19 vaccine within 10 days of emergency use authorisation: Govt
Bhushan further said that Co-WIN has the facility of automated session allocation, Aadhaar authentication to prevent malpractice, creation of Unique Health ID for willing beneficiaries, reporting and tracking of adverse events following immunization, if any, SMSes in 12 languages to guide beneficiaries and vaccinators, QR code-based vaccination certificate issued after all doses, DigiLocker integrated for data retrieval and storing QR code-based certificate, 24×7 Helpline including IT professionals.
Committed to protect interest of NPS subscribers: Govt
Union Budget on Feb 1, Parliament session starts Jan 29
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.
Speedy distribution of Covid-19 vaccine a major challenge for global govts: WHO experts
Currently, there are 45 candidate vaccines in clinical evaluation and 156 candidate vaccines in pre-clinical evaluation, the WHO scientists said.
This daunting challenge is not only for India but also for all the governments across the globe as they start inoculating their populations to tackle the pandemic, noted Dr Soumya Swaminathan, Chief Scientist of WHO, and Dr Hamsadvani Kuganantham, Consultant, WHO.
70 mn doses ready: Delays over pricing holding back India’s vaccine rollout
Localised herd immunity, young population behind the dip in India’s Covid count?
While there is a glimmer of hope and India’s Covid-19 numbers are on a definite decline for a combination of reasons, a vaccination programme continues to be important, particularly given the presence of a mutant, more transmissible strain, several experts said while cautioning against infection upticks ahead.
Global Covid-19 cases surpass 85 million mark: Johns Hopkins University
The US is the worst-hit country with the world’s highest number of cases and deaths at 20,626,686 and 351,453, respectively, according to the CSSE.
India comes in second place in terms of cases at 10,323,965, while the country’s death toll soared to 149,435.
Brazil currently accounts for the second highest number of fatalities at 196,018.
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.