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COVID-19: How many people will die?

The Imperial study looked at the effects of two containment methods: mitigation, which seeks to slow the spread of the virus; and suppression, which aims to reverse epidemic growth and maintaining that indefinitely.It found that even strict mitigation measures would still see British and American intensive care capacity overwhelmed and lead to hundreds of thousands of deaths.

IRDAI forms committee to review corporate governance guidelines for Indian insurers 

Four key functions (risk management, actuarial, compliance and internal audit) are an essential part of the system of governance.
These key functions are expected to be operationally independent to ensure an effective and robust internal control environment within an insurer and support high quality of decision-making by the management, said IRDAI. 

ICICI Lombard General Insurance unveils exclusive ‘COVID-19 Protection” cover’

The health cover is priced affordably at a premium of Rs149 and provides a sum insured of Rs. 25,000 includingvalue added benefits such as Health Assistance and CHAT/Virtual assistance, tele-consultation and ambulance assistance, as part of the offering.

The unique benefit of the COVID-19 protection cover is the coverage across of the age group of 18-75 years,covering the elderly population that is said to be majorly impacted by the virus.

Asia shares bounce after rout, Indian equity markets erases gains

Indian equity markets quickly erased the gains made in a volatile start on Friday to head southwards, dragged down by index heavyweights HDFC twins and ICICI Bank( down 3 per cent). HDFC Bank slipped over 7 per cent and HDFC was down 4 per cent.

The S&P BSE Sensex hovered around 28,000 levels, down 200 points, or 0.7 per cent, after the initial jump.  The Nifty50 index was trading with slight cuts at 8,240 levels. The Nifty sectoral indices were trading mixed. While Nifty FMCG and Nifty Pharma indexes traded over 3 per cent up each, the Nifty Bank and Nifty Financial Services indexes dipped 3 per cent each.