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South Asian COVID-19 patients in UK hospitals 20% more likely to die: study

Explanations could be that more South Asians work in jobs where they would face a higher viral load, such as health and care, or genetic differences which made the group biologically more susceptible to the disease, but more work needed to be done, he told reporters.Data from the Office for National Statistics on Friday supported the idea that ethnic minorities are more at risk from COVID-19, although whether it is because certain groups are more likely to contract it to start with, or are more susceptible to it, is still unclear.

Centre asks states to strictly follow home-isolation guidelines to curb COVID-19 spread

An important clause in the revised guidelines is that the treating doctor should be satisfied about the patient opting for home isolation based on medical assessment and assessment of his/her residential accommodation, the government said.
“It is again reiterated that the urban congested settlements exercising the option of the home isolation may result in patient spreading the infection to family members and in the neighbourhood. In this context, it is requested to ensure strict implementation of the guidelines on home isolation at the field level,” said Health Ministry Joint Secretary Lav Agarwal

Glenmark launches Covid-19 drug FabiFlu, priced at Rs 103 per tablet

The Mumbai-based firm had on Friday received the manufacturing and marketing approval from the Drugs Controller General of India (DCGI).

“This approval comes at a time when cases in India are spiralling like never before, putting a tremendous pressure on our healthcare system,” Glenmark Pharmaceuticals Chairman and MD Glenn Saldanha said in the statement.

India reports 14,516  new coronavirus cases; death toll at 12,948

Ireland became the latest country to warn its citizens that medical assistance may become difficult with India’s sharp spike in cases and urged them to consider making use of a series of evacuation flights in the next few weeks.In an email seen by Reuters, the embassy’s second secretary, Máirtín Cronin, warned Irish citizens that access to medical care for COVID-19 and non-COVID-19 treatment may become increasingly difficult in the coming period.

Swiss Re appoints Thierry Léger as Group Chief Underwriting Officer, announces changes to Life Capital Business Unit

Swiss Re’s Group Chief Executive Officer Christian Mumenthaler said: “The changes announced today will position Swiss Re well for the next chapter of the Group’s strategic development. Having grown dynamically over the past years, iptiQ is on track to becoming a leading player in its field. And being part of Corporate Solutions will open further growth opportunities for elipsLife. In underwriting, we will continue to evolve our capabilities through cutting-edge research, access to more and better data and advanced analytics.“

China says one-fifth of Belt and Road projects ‘seriously affected’ by pandemic

Over 100 countries have signed agreements with China to cooperate in BRI projects like railways, ports, highways and other infrastructure. According to a Refinitiv database, over 2,600 projects at a cost of $3.7 trillion are linked to the initiative.
The challenge of the pandemic to BRI projects follows a pushback in 2018, when officials in Indonesia, Malaysia, Sri Lanka and elsewhere criticized projects there as costly and unnecessary.

Lloyd’s of London insurers map out new look for September re-opening

Staff capacity will shrink to 45% to ensure social distancing, there will be regular deep cleans, queueing and one-way systems — all designed to limit the potential spread of the deadly virus, Lloyd’s Chief Executive John Neal said.
It plans to establish a “virtual room” and is testing a number of digital platforms to allow brokers and underwriters to connect, Neal said.

There will be a help desk, or “connectivity bar” on the ground floor, digital booths with souped-up WiFi and digital screens in the cafe and other areas for confidential meetings and network connectivity has also been enhanced.

Finance Ministry invites bids from transaction advisors for LIC’s mega IPO, may hit the market in second half of fiscal

The government currently owns 100 per cent in LIC.The IPO which was announced by finance minister Nirmala Sitharaman while presenting the Budget 2020, is  likely to hit the market in the second half of the current fiscal.

Sitharaman said government wants to raise around Rs 90,000 crore from its disinvestment plans in IDBI, where it holds 46 per cent and LIC, where it has 100 per cent stake and may offload 10-12 per cent of its holding.

UK lowers Covid-19 alert level to ‘epidemic’ from ‘exponential’

“There has been a steady decrease in cases we have seen in all four nations, and this continues,” the chief medical officers of England, Wales, Scotland and Northern Ireland said.

“It does not mean that the pandemic is over. The virus is still in general circulation, and localised outbreaks are likely to occur.”