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Here is a masonry blog layout with no sidebarTrump says coronavirus guidelines may get tougher; 1 million Americans tested
President Donald Trump said on Monday that federal social distancing guidelines might be toughened and travel restrictions with China and Europe would stay in place as he urged Americans to help fight the coronavirus with tough measures through April.Trump, speaking to reporters at the White House, said more than 1 million Americans had been tested for the coronavirus, which he called a milestone.
Indian doctors fight coronavirus with raincoats, helmets amid lack of equipment
LIC & GIC Re contribute Rs127cr to PM CARES Fund for COVID-19 relief
IRDA clears 16 Regulatory Sand Box proposals from 8 insurers
“$35-bn liability in June quarter over COVID-19: Airlines” body
“On top of unavoidable costs, airlines are faced with refunding sold but unused tickets as a result of massive cancellations resulting from government-imposed restrictions on travel. The second quarter liability for these is a colossal $35 billion. Cash burn will be severe,” the International Air Transport Association (IATA) said on Tuesday.
Covid -19 claims to hit Munich Re’s Q1 profitability
Dutch scientists found coronavirus in sewage before outbreak: Report
Medical Devices notified as drugs from 1 April 2020
“Therefore, the maximum retail prices (MRPs) of all the medical devices would be monitored by the government under the provisions of Para 20(1) of the DPCO, 2013, to ensure that no manufacturer/importer increases the MRP of a drug more than 10 per cent of MRP during preceding 12 month and where the increase is beyond 10 per cent of maximum retail price, it shall reduce the same to the level of ten percent of maximum retail price for next twelve months,” the statement said.
ICICI Gen and Bharat Pe partner to launch Coronavirus cover for shopkeepers
On a diagnosis of COVID-19 (+ve), the policy holder will paid be 100% of the sum insured, irrespective of hospitalization expenses.
The health cover is priced affordably at a premium starting at nominal amount of ₹ 199 and provides a sum insured for₹ 25,000 and value-added benefits such as Health Assistance and CHAT/Virtual assistance, teleconsultation and ambulance assistance, as part of the offering. The unique benefit of the COVID-19 Insurance Protection Cover is the coverage across the age group of 18-65 years.
Covid-19 affects hearts of even those without any cardiac condition: Study
It is likely that even in the absence of previous heart disease, the heart muscle can be affected by coronavirus disease,” said Mohammad Madjid, an assistant professor at The University of Texas Health Science Center at Houston (UTHealth) in the US.
“Overall, injury to heart muscle can happen in any patient with or without heart disease, but the risk is higher in those who already have heart disease,” said Madjid, lead author of the study published in the journal JAMA Cardiology.
Coronavirus Pandemic: Cases rise to 1,071 in India, number of dead at 29
Malaria medicine ‘Hydroxychloroquine’ being administered to 1,100 COVID19 patients in NY: Trump
An inexpensive drug widely used since 1955 to treat malaria, Hydroxychloroquine is considered to have relatively harmless side effects. It is being tested out on the COVID-19 patients in New York on an experimental basis, hoping that this will give a solution in the treatment against the novel coronavirus.
Caronavirus Pandemic: Doctors fear rapid rise of Indian cases soon
Govt directs banks to remain operational during 21-day lockdown: Report
IAG exits Indian market, sells 26% stake in SBI Gen for $310 mn
Caronavirus Pandemic:General Insurers want regulatory relief for protecting their solvency margins
“ Without exception, the non-life insurance sector is severely burdened and we are afraid we will have difficulty in meeting certain regulatory requirement,” said M N Sarma, secreatry general , GI Council, in its letter to the IRDAI adding that the IRDAI may relax the minimum solvency requirement of 1.5 times for the time being on the same lines as the regulator had relaxed at the time of dismantling motor third party pool.
Caronavirus Pandemic:IRDAI issues norms for efficient functioning of insurers
While asking insurers to devise appropriate insurance products that would provide protection from risks arising out of Covd-19, the IRDAI has assured that it would to process such product approval applications on a fast track mode.
Claims arising on account of Covid-19 should be processed expeditiously. Insurers are encouraged to adopt simplified / expedited claim procedures for such cases. In addition, other claims should also be processed within the prescribed period by making special efforts, said IRDAI.
IRDA bans Capital Gearing treaties by insurers
Insurers who are having such treaties on their books as on the date of issuance of this circular shall take the following steps-
-Submit board approved action plan to the IRDAI on or before 30th June, 2020 for phasing out the treaties along with timelines such that it complies with the Solvency Stipulations.
-The plan of action will also include assessment of requirement of capital infusion and sources of funds for the capital infusion so required due to prospective closure of these Capital Gearing treaties.