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MS Amlin strengthens Asian reinsurance offering with Phoenix 3 Re launch
Phoenix 3 Re has secured over USD45m of collateralised capacity, more than its predecessors Phoenix 1 Re and Phoenix 2 Re. Alongside an increased underwriting risk appetite, this gives MS AAP close to USD83m of capacity through its Phoenix vehicles, to support local...
India may become the sixth largest insurance market in the world by 2032: Swiss Re Report
India will become the sixth largest insurance market in the world in terms of premium volume by 2032, up from 10th largest in 2021 Life insurance profitability in India to benefit from rising interest rates. Pandemic-related claims continued to impact life insurers’...
Maha: Tribunal awards Rs 12.96 lakh compensation to woman for son’s death in road accident
The MACT awarded a compensation of Rs 12.96 lakh to the deceased's mother, including Rs 8.64 lakh towards the loss of income, Rs 3.45 lakh for future prospects, Rs 16,500 towards loss of estate, Rs 44,000 for loss of filial consortium, Rs 16,500 for funeral expenses...
Centre to enhance disaster fund for Himachal Pradesh: CM Sukhu
Sukhvinder Singh Sukhu,Chief Minister, Himachal Pradesh The Chief Minister said that these radars will be able to forecast heavy rain, thunderstorm and hailstorm within 100 kilometer radius in all directions, especially for short-range forecasting and will be helpful...
Centre earmarks Rs 2,000 crore to encourage states to scrap old vehicles
Incentive for scrapping of old vehicles has been added to the scheme and an amount of Rs 2,000 crore has been earmarked for scrapping state government vehicles which are older than 15 years, waiver of liabilities on old vehicles and providing tax concessions to...
India’s richest 1% own more than 40% of total wealth: Oxfam
Since the pandemic begun to Nov 2022, billionaires in India have seen their wealth surge by 121 per cent or Rs 3,608 crore per day in real terms, Oxfam said On the other hand, approximately 64 per cent of the total Rs 14.83 lakh crore in Goods and Services Tax (GST)...
Networth of richest-1% double of rest of world: Oxfam
During the past decade, the richest 1 per cent had captured around half of all new wealth, it added, while noting that extreme wealth and extreme poverty have increased simultaneously for the first time in 25 years. ''Women and girls often eat least and last, and make...
Support from others in stressful times can ease impact of genetic depression risk: Study
Compared to individuals in the study who had low depression polygenic risk scores, the doctors and widows with higher risk scores had higher rates of depression after they lost social support, but also had lower rates of depression when they gained social support...
Study suggests strong social connections help to improve health
The study also found that having strong bonds with both close social circles and extended groups is associated with better mental health and wellbeing. Importantly, the greater number of groups people had strong bonds with, the higher their engagement in health...
India continuously striving to provide high-quality, cost-effective healthcare to everyone: Mandaviya
Union Health Minister Mansukh Mandaviya India's experience has reinforced the fact that capacity building of healthcare workers at various levels of governance, coupled with harnessing digital technology, is the way forward. With more than 1.3 million (13 lakh)...
Study: Gardening can help lower cancer risk, improve mental health
Funded by the American Cancer Society, the first-ever, randomized, controlled trial of community gardening found that those who started gardening ate more fiber and got more physical activity--two known ways to reduce the risk of cancer and chronic diseases. They also...
Initiative to deal with medical emergencies in far-flung Andaman and Nicobar island
The 'Swasthya-Doot' project, a community based volunteer programme, was taken up after Sub-Divisional Magistrate (SDM), Great Nicobar, Nitin Shakya, was woken up by a phone call in the early hours in October last year. The Nicobar district administration has launched...
How anti-vaccine misinformation hampers the conversation about genuine vaccine injuries
In very rare cases though, vaccines can be linked to serious injuries and even death. Vaccine injuries (also often called adverse events) are a difficult area in which to carry out research or advocacy, partly because anti-vaccine communities persistently muddy the...
Household wealth optimism collapses, global survey shows
Globally, only 40% agreed with the statement "my family and I will be better off in five years" compared to 50% a year before, with advanced economies most downbeat: the United States (36%), Britain (23%), Germany (15%) and Japan (9%). Barely two in five people...
Malfunctioning of system human error could have caused Nepal plane crash Experts
The aircraft involved is a 15 year old ATR 72-500 with registration number 9N-ANC and serial number 754. This aircraft was equipped with an old transponder with unreliable data. We are downloading high resolution data and verifying the data quality," flight tracking...
High arsenic concentration in groundwater of 18 districts in Bihar: Study
Now, arsenic as a possible risk factor for gallbladder cancer has been found in the study. Public health intervention in the form of removing arsenic from drinking water is the need of the hour in the endemic regions of Bihar and Assam. Tackling arsenic pollution may...
Two more hotels lean towards each other in Joshimath, cracks widen at many places
Many houses were damaged in varying degrees in the land-subsidence areas while water from the aquifer was constantly flowing down with great force. Dehradun/Joshimath (U’khand): Two more hotels were dangerously leaning towards each other while wider cracks have...
China’s 2022 growth seen as its lowest in 40 years
Strict lockdowns, quarantines and compulsory mass testing prompted abrupt closures of manufacturing facilities and businesses in major hubs — like Zhengzhou, home of the world’s biggest iPhone factory — and sent reverberations across the global supply chain China’s...