Welcome to My Blog
Here is a masonry blog layout with no sidebarLast doctor standing: Pandemic pushes Indian hospital to brink
Interviews with dozens of staff, patients and relatives at the hospital paint a picture of conditions that might shock those accustomed to images of hermetically sealed ICUs during the pandemic, with relatives not even allowed to touch their dying loved ones.
They tell of a chronic shortage of manpower and resources such as blood and medicines. All 37 beds in the ICU are occupied; on the floor next to one of the beds, a relative sits on a brightly colored blanket he has brought from home, a water bottle by his side.
Zydus Cadila launches India’s cheapest remdesivir version at $37 per vial
Zydus is the fifth company to launch a copy of the antiviral in India after privately held Hetero Labs Ltd, Cipla, Mylan NV and Jubilant Life Sciences Ltd.
Gilead has also entered into licensing agreements with Dr.Reddy’s Laboratories Ltd and Syngene International Ltd to make remdesivir for distribution in 127 countries, including India.
AXA Considers Sale of Singapore Business as It Seeks to Raise Funds: Sources
The French insurer is working with an adviser on the potential sale, the people said, asking not to be identified because the matter is private. The Singapore unit, which offers life and property and casualty insurance, could draw interest from rivals seeking to expand in Southeast Asia, the people said. It generated 615 million euros ($723 million) of revenue in 2019, according to AXA’s annual report.
Air passengers awaiting return to normalcy, leisure travel: Survey
India air safety watchdog to check airports hit by heavy rain after crash
Four-fifths of CEOs expect COVID-19 to entrench remote working: PwC
Indian motor insurance business to contract in 2020 due to COVID-19:GlobalData
The recent regulatory changes following the pandemic also impacted motor insurance premium growth. In March 2020, the IRDAI put on-hold the proposed hike ranging between 2-10% on third-party liability insurance premium. Furthermore, the move to discontinue long-term own-damage motor policies, effective 1 August 2020, will also result in lower spending on motor insurance this year.
Russia registers first Covid-19 vaccine,Putin’s daughter administered dose
Russia is the first country to register a coronavirus vaccine. Many scientists in the country and abroad have been skeptical, however, questioning the decision to register the vaccine before Phase 3 trials that normally last for months and involve thousands of people.
U.S. Health Secretary Alex Azar, asked about Russia’s announcement, said safety was paramount and late-stage trials were key. He said the United States was on track for an effective vaccine by the end of the year, with six candidates under development.
“The point is not to be first with a vaccine. The point is to have a vaccine that is safe and effective,” Azar said on ABC News’ “Good Morning America” programme.
Bayer takes on Astellas in purchase of experimental menopause relief
Bayer is seeking to revive its women’s healthcare business as cheaper copied versions have lowered its sales of birth control pills.
It is close to settling injury claims over inserted birth control device Essure for more than 1 billion euros.
“We are one of the leaders in the area of women’s health… resulting in synergies on many levels, starting with product development, but also commercialisation,” Oelrich said.
Global insurance losses from natural catastrophes and man-made disasters at $ 31 billion in H1 2020:Swiss Re
Global insured losses from natural catastrophes rose to USD 28 billion in the first half of 2020 from USD 19 billion the year before, while insured losses from man-made disasters decreased to USD 3 billion from USD 4 billion.
Secondary perils primary loss drivers once again In the North America, severe convective storms (thunderstorms with tornadoes, floods and hail) caused insured losses of over USD 21 billion in the
first half.
Prudential Thailand and The 1 to launch country’s first lifestyle-health collaboration
Through this collaboration, The 1’s members will gain access to highly customised digital lifestyle and health solutions based on their lifestyle preferences, health stages and savings intentions. The partners in the collaboration will use Artificial Intelligence (AI) to curate and offer services that are highly relevant to members, helping them to achieve a higher quality of life and wellbeing
Sprout.ai aids Covid-19 insurance claim settlements with AI solution
Tony Emms, former CCO at Zurich UK and Sprout.ai advisory board member, says: “This solution is potentially transformational for the health insurance industry. Claim handling based on illness and medication coding frameworks create a huge amount of complexity. Medical claims are often the most difficult to handle because of these issues and their high volume, low value nature. By circumventing the coding system, with an entirely justified reasoning behind the triage, Sprout.ai has simplified the process for claims handlers. This solution will succeed because it impacts both leakage detection and efficiency gains simultaneously.”
Daughters have equal coparcenary rights in joint Hindu family property: SC
McDonald’s Seeks to Recoup Severance Paid Ousted CEO Over Sexual Affairs
Easterbrook’s severance package was worth $41.8 million when he left the Chicago-based company, executive pay firm Equilar has estimated.
But McDonald’s said Easterbrook no longer deserved that payout because of his “silence and lies,” and that had its board known the full picture it would have fired him “for cause.”
Indian Railways suspends all regular passenger train services indefinitely
U.S. Drug Regulator vows outside review of any COVID-19 vaccines
Companies risk losing a year’s profit from collapse of supply chains,says McKinsey
he New York-based consultancy, in a report that analyzes 325 companies in 13 industries, quantifies what corporate number crunchers have sensed since the tsunami struck Japan in 2011: that man-made and natural disasters are getting more severe, frequent and costly, and that supply chains spanning the globe need to adapt to reduce exposure to threats to business survival.