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Here is a masonry blog layout with no sidebarNaveen Tahilyani reappointed as Tata AIA Life’s MD & CEO
Naveen Tahilyani was holding same position in Tata AIA Life between 2015 to 2018.He had joined Axis Bank’s group head in charge of transformation in January 2020, will be stepping down in November
Tahilyani will take over from current CEO, Rishi Srivastava,who takes over as CEO , Group Agency Distribution, AIA Group, Hong Kong.
Covid-19 Pandemic:Record 45,720 new cases,deaths rise by 1,129,tally crosses 12-lakh mark in India
The coronavirus caseload in the country surged to12,38,635,while 7,82,606 people have recovered so far in the country,the data updated at 8 am showed
Of the 1,129 deaths reported in the last 24 hours, 18 are from Tamil Nadu, 280 from Maharashtra, 65 from Andhra Pradesh,?55 from Karnataka, 39 from West Bengal, 34 from Uttar Pradesh, 29 from Delhi, 28 from Gujarat, 14 from Madhya Pradesh and 10 from Jammu and Kashmir
India Covid recovery rate at 63% after record 28,472 recuperations in a day
States and Union Territories with recovery rate higher than the national average include Delhi (84.83 pc), Telangana (78.37 pc), Rajasthan (72.50 pc), Gujarat (72.30 pc), Chhattisgarh (71.81 pc), Assam (71.05 pc), Odisha (70.96 pc), Tamil Nadu (70.12 pc), Madhya Pradesh (67.47 pc) and Bihar (63.95).
According to the Indian Council of Medical Research (ICMR), a total of 1,47,24,546 samples have been tested up to July 21 with 3,43,243 samples being tested on Tuesday.
Patchy data hinders climate risk assessment in finance – regulator
Swiss Re books $476 million of Covid-19 losses in March quarter
A range of factors relating to the pandemic,including future infection and mortality rates;the duration and effects of mitigation measures, including on business activity; the timing of an effective vaccine and/or alternative treatment solutions; legislative or regulatory efforts and the outcome of court and arbitration cases on coverage issues; the impact of government stimulus packages;and the severity and duration of recessionary impacts,may impact claims development in the coming quarters, either positively or negatively,relative to Swiss Re’s projections.
Amazon to offer auto insurance in India
Global cat losses at $75 bn in 1H 2020,India’s Amphan was the costliest:Aon Report
Natural disasters were responsible for approximately 2,200 fatalities during the first half of 2020, significantly below the long-term (1980-2019) average of 39,800 and the median of 7,700. Flooding was the deadliest natural peril during the period, having been responsible for 60 percent of the death toll.
RBI panel pitches for incentives to promote usage of QR code transactions
Earlier, a committee on deepening digital payments, constituted by RBI under the chairmanship of Nandan Nilekani, non-executive chairman, Infosys, had said “Market forces must result in transaction pricing that creates a viable ecosystem. Regulator should adjust the interchange rate and let the market compete on MDR (Merchant Discount Rate) ultimately growing acceptance ecosystem rather than inhibiting it.”
Siemens to roll out flexible working app for 100,000 staff
Staff worried about COVID-19 infections among fellow workers can also use a contact tracing feature on the app created under a partnership with U.S. software developer Salesforce.
It can also block desks in an area if information is received about a person suspected of having the virus, said Siemens, which already sells the app to external customers.
Modern nursing homes safer in pandemic; virus level in nose, throat may help guide treatment
Two studies published on Wednesday in the journal Nature add to evidence that the malaria drugs chloroquine and hydroxychloroquine are not helpful against COVID-19. One study found no notable antiviral effect of hydroxychloroquine against COVID-19 in primates. The other found no effect of chloroquine in infected human lung cells in test tubes.
IRDAI clarifies norms on transferring and pledging of Indian re/insurers’ shares
Insurance companies has to immediately inform the IRDAI if any non-compliance is observed with regard to the provisions of the Insurance Act, the regulations and guidelines as enshrined in the existing circulars issued regarding the transfer of shares by the IRDAI…urther, where transactions are executed beyond the stipulated threshold limits by the shareholders, without the prior approval of the IRDAI
Can you get infected with Coronavirus again?It’s very unlikely, Experts Say
Above-average hurricane season possible in the second half of the year:Munich Re
Munich Re has said up to the end of June,natural disasters produced overall losses of around $68bn,a slightly lower figure than the 30-year average (US$ 74bn after adjustment for inflation).
Insured losses, at around US$ 27bn, were higher than usual (US$ 20bn) due to the large proportion of weather disaster losses in North America.
North America accounted for 47% of overall losses and for 82% of insured losses, significantly more than the respective long-term averages (35% and 60%). In contrast, natural disasters in Europe and the Asia-Pacific region produced lower losses.
Chile’s Congress passes pensions bill,president agrees to sign it
Chile’s lower chamber erupted in cheers and clapping after the bill was passed on Thursday, with some chanting “no more AFP” – a reference to the long-running campaign to tear up Chile’s much-mimicked defined contribution Pension Funds Administrators (AFP) system that was introduced during the Augusto Pinochet dictatorship.
Big U.S.Boeing customers want the 737 MAX but say contracts need re-set
Twitter shares rise on record yearly growth in daily users
Twitter’s average monetizable daily active users (mDAU) increased 34% year over year to 186 million, above analysts’ estimate of 176 million, in a rise it said was primarily driven by external factors such as shelter-in-place requirements and increased conversation around the COVID-19 pandemic.Chief Executive Jack Dorsey opened a conference call with analysts by apologizing for the hack that compromised the accounts of high-profile users last week, saying “we feel terrible.” In a statement, Dorsey said Twitter had taken steps to improve its security and “resiliency against targeted social engineering attempts.”
Plastic pollution flowing into oceans to triple by 2040:study
If no action is taken, however, the amount of plastic going into the sea every year will rise from 11 million tonnes to 29 million tonnes, leaving a cumulative 600 million tonnes swilling in the ocean by 2040, the equivalent weight of 3 million blue whales, according to the study published in the journal Science.
“Plastic pollution is something that affects everyone. It isn’t a ‘your problem and not my problem’. It’s not one country’s problem. It’s everyone’s problem,” said Winnie Lau, senior manager at Pew and co-author of the study.
Signs of farm ‘revolution’ in India as coronavirus prompts change
India is the world’s biggest exporter of rice and the world’s second-biggest producer after China. Across the country’s grain bowl states of Haryana and neighbouring Punjab, thousands of farmers like Kajal have been forced by the coronavirus to mechanise planting.
They are still wary of the technology and overturning the time-honoured use of manual labour.