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Here is a masonry blog layout with no sidebarUN seeks USD80 million to prevent tanker disaster in Red Sea
David Gressly, the UN resident and humanitarian coordinator for Yemen, made the appeal saying the FSO Safer tanker is “a time bomb” because a major oil spill from it “would unleash a massive ecological and humanitarian catastrophe centered on a country already...
First case of Omicron sub-variant XE detected in Gujarat as elderly man from Mumbai found infected
The patient had tested positive for COVID-19 on March 12 during his visit to Vadodara, but had returned to Mumbai the next day without informing the local authorities, the officials said Ahmedabad: A 67-year-old man from Mumbai, who had travelled to Vadodara in...
AIG looks at cutting insurance for Russia, Ukraine
“What we are now seeing are the underwriters starting to introduce Russia, Ukraine wording into their policies,” said Meredith Schnur, managing director, U.S. and Canada cyber brokerage leader at insurance broker Marsh, declining to name the insurers Insurance brokers...
Munich Re tightens up cyber insurance policies to exclude war
Munich Re is seeking clearer war exclusion clauses in cyber policies, based on wording developed last year in the Lloyd’s of London market S&P Global said last week that insurance losses from the Ukraine conflict could total $35 billion, with cyber one of the...
Insurtechs battling persistent losses, slumping stocks bring in seasoned execs: S&P
"As the publicly traded insurtechs have seen their share prices crater, and they have had to report performance results, it became evident that the insurance part of 'insurtech' wasn't working," Hertz said Insurance technology companies dealing with poor profitability...
Costs of insuring ships in Black Sea skyrocket
Underwriters are charging as much as 10% of the value of a ship’s hull — basically the vessel’s worth as an asset — for what is called an additional war-risk premium, according to four people involved in the market. Some are simply quoting to cover at prices that they...
Meghalaya govt to power its remote health centres using solar technology
Irrespective of the difficult terrain, remoteness, vulnerability to climate risks and natural disasters of rural habitations, the intervention will greatly benefit from solar energy that can power critical healthcare services including immunization, maternal care,...
New COVID wave a reminder pandemic is ‘far from over’: Guterres
António Guterres,UN Secretary-General UN Secretary-General António Guterres said the summit was “a critical reminder that the COVID-19 pandemic is far from over. We’re seeing 1.5 million new cases each day. Large outbreaks are spreading in Asia”, he continued...
All adults can avail Covid-19 booster shots at pvt centres from Apr 10
"It has been decided that the precaution dose of Covid vaccines will be made available to the 18-plus population group at private vaccination centres. This facility would be available at all private vaccination centres," the ministry said New Delhi: Booster dose of...
Equity mutual funds log Rs 28,463-cr net inflow in Mar; debt funds see Rs 1.15 lakh cr outflow
Overall, the mutual fund industry registered a net outflow of Rs 69,883 crore in March, as compared to a net infusion of Rs 31,533 crore in the preceding month Mumbai: Equity mutual funds attracted a net sum of Rs 28,463 crore in March, making it the 13th consecutive...
Food prices hit record high in March, U.N. agency says
Disruption to supplies of crops from the Black Sea region has exacerbated price rises in food commodities, which were already running at 10-year highs in the FAO's index before the war in Ukraine due to global harvest issues. Sugar and dairy prices also rose sharply...
WHO’s supply suspension of Covaxin not to impact travel of people: MEA
'I certainly do not think there should be any impact at all on people who have taken Covaxin. It is a safe vaccine. In terms of their travel, it continues to be recognised under the EUL (emergency use authorisation) of WHO,'' he said New Delhi: Days after the WHO...
XE variant of Covid-19 not more severe than Omicron’: Dr Gagandeep Kang
Variants will come because people are travelling. Of what we know of the variant (XE) is that it is not a point of concern, XE variant of Covid-19 not more severe than Omicron': Dr Gagandeep Kang. Professor at Christian Medical College in Vellore, said on Thursday The...
Musk promises ‘dedicated robotaxi’ with futuristic look from Tesla
Elon Musk,Chief Executive, Tesla Tesla now sells the advanced driver assistance systems for $12,000, with a promise of more features. It says the software does not make its vehicles autonomous, and requires driver supervision Tesla will start production next year of...
Jyoti Vaswani appointed as CIO of Canara HSBC Oriental Bank of Commerce Life Insurance
Canara HSBC Oriental Bank of Commerce Life Insurance today announced the appointment of Jyoti Vaswani as their new Chief Investment Officer (CIO). Vaswani brings over 25 years of rich experience in the mutual fund and life insurance industry having worked in the...
RBI to unveil regulations on climate risk and sustainable finance for banking industry
Some regulatory initiatives in the area of climate risk and sustainable finance would also help the REs to better handle climate risk and guide them in the transition period The RBI is planning to set up a committee to examine and review the state of customer service...
Global reinsurance capital rises 8.4 % to $728 billion in 2021
The underlying combined ratio improved to 99.8% (2020: 100.7%), which is the first time since 2014 that it has fallen below 100% A majority of the reinsurers have reported strong results for 2021 with improved capital positions backed up by rising equity markets and...
RBI keeps repo, reverse repo rates unchanged for 11th time in row, cuts GDP growth forecast
Shaktikanta Das,Governor,RBI Keeping the approach " cautious, but proactive", RBI Governor Shaktikanta Das said that the RBI is emphasizing on three different aspects which will place India in a position that would enable it to deal with the merging crisis and...