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Here is a masonry blog layout with no sidebarIda losses to range from $17 to $ 25 billion:AIR
Included in the estimates are losses to onshore residential, commercial, industrial properties, and automobiles for their building, contents, and time element coverage, as well as estimated insurance take-up rates for wind and flood across the entirety of Ida’s track, including the flooding that occurred in the Northeast.
AIR’s losses do not include any estimate of losses from the National Flood Insurance Program, or any losses from offshore assets. The industry loss estimates also reflect an adjustment to account for increased material and other repair costs in the current construction market.
India Inc spent over Rs 1,600 crore on mitigating second Covid-19 wave: study
The support of the CSR initiatives of corporates included over 200 oxygen plants, setting up more than 75 makeshift hospitals and Covid wards with over 10,000 beds, 3,500 ventilators and 140,000 oxygen concentrators. Importantly, 33 companies contributed more than Rs 150 crore to conduct community awareness activities across 17 states, the report said.
Aviation Ministry grants ICMR conditional permission to use drones for vaccine delivery
RBI cautions against frauds in the name of KYC updation
The central bank has been receiving complaints about customers falling prey to frauds being perpetrated in the name of KYC updation. The usual modus operandi in such cases include receipt of unsolicited communication, like calls, SMSs and emails by customer urging him/her to share certain personal details, account/login details/card information, PIN and OTP or install some unauthorised/unverified application for KYC updation using a link provided in the communication.
Insurers can sell 2 short term Carona covers till March 2022:IRDAI
Earlier,many insurance companies have rolled out these standard health insurance policies since July 2020, which orginally were supposed to remain valid until March 31, 2021, but were allowed to issue the policies till September 30, 2021.
The exemptions granted to insurers for issuance of electronic policies as well as dispensing with physical document and wet signature have been extended upto March 2022.
Jet Airways to resume domestic operations in first quarter of 2022
IRDAI asks insurers to come out with new title insurance policies
The main objectives of the ”new Title Insurance products” are to provide cover to promoters/ developers, preferring to opt for a minimum legal defence cost, and end users (allottees, individual buyers and financiers) at the time of possession/handing over of the property unit for protection against any legal suits in future.
Britain begins world’s largest trial of blood test for 50 types of cancer
The Galleri test looks at the DNA in a patient’s blood to determine if any come from cancer cells. Earlier diagnosis of cancers leads to dramatically increased survival rates.
“We need to study the Galleri test carefully to find out whether it can significantly reduce the number of cancers diagnosed at a late stage,” said Peter Sasieni, professor of cancer prevention at King’s College London.
Lung cancer is by far the most common cause of cancer death in the United Kingdom, accounting for around a fifth of all cancer deaths. Lung, bowel, prostate and breast cancers account for 45% of the United Kingdom’s cancer deaths, the NHS said.
In a new review, scientists and others say boosters aren’t needed for the general population.
Only in people older than 75 do the vaccines show some weakening in protection against hospitalization. Immunity conferred by vaccines relies on protection both from antibodies and from immune cells. Although the levels of antibodies may wane over time — and raise the risk of infection — the body’s memory of the virus is long-lived.
Need deeper cooperation to address global health crisis: UN chief
“We need deeper international cooperation to address the global health crisis, reduce poverty and inequality, achieve the Sustainable Development Goals and avert climate catastrophe,” the top UN official said on Sunday in his video message on the UN Day for South-South Cooperation, which is celebrated globally on September 12 every year.
“The Covid-19 pandemic is the most complex immediate challenge facing our world and it is undermining hard won social, economic and environmental gains,” Guterres was quoted as saying by Xinhua news agency.
India reports 28,591 new coronavirus infections, 338 more deaths
Global shipping is earning the most money since 2008 as pandemic pain wanes
This boom’s causes are twofold — an economic reopening after Covid that has spurred surging demand for goods and raw materials. Alongside that, the virus continues to cause disruption in global supply chains, choking up ports and delaying vessels, all of which is limiting how many are available to haul goods across oceans. That’s left the majority of the shipping sector with bumper earnings in recent months.
Willis Towers Watson has around $5 billion for possible M&A -incoming CEO
Willis is going ahead with plans originally agreed during the Aon merger talks to sell its reinsurance business to rival Gallagher for an initial consideration of $3.25 billion.
Activist investor TCI, founded by British billionaire Chris Hohn, is seeking to build up a stake in the London-based firm, according to media reports.
Offshore operators face big Ida losses as insurers trim cover
Insured losses to offshore platforms, rigs, and pipelines are estimated to be between $700 million and $1.5 billion, according to industry experts.
That is markedly below $2 billion to $3 billion of insured losses suffered by operators during Hurricane Katrina in 2005 as estimated by the Insurance Information Institute.
Centre working to ensure tap water connection for every household by 2024: Shekhawat
Pandemic prompting professionals to rethink their career paths: Amazon India survey
About 59 percent of the respondents said they were actively searching for a job.
More than one in three (35 percent) respondents said they saw their pay cut as a result of COVID-19, while 68 percent said they are looking to switch industries as a result of COVID-19.
One in three (33 percent) respondents said they are looking for a new job right now where ”they can do more meaningful work”.
Peanuts potent in lowering cardiovascular disease risk: Study
“We showed for the first time a reduced risk for ischemic stroke incidence associated with higher peanut consumption in an Asian population,” said lead study author Satoyo Ikehara, PhD, specially appointed associate professor of public health in the department of social medicine at the Osaka University Graduate School of Medicine in Suita, Japan.
Study finds regular exercise may lower risk of developing anxiety
Anxiety disorders – which typically develop early in a person’s life – are estimated to affect approximately 10 per cent of the world’s population and have been found to be twice as common in women compared to men. And while exercise is put forward as a promising strategy for the treatment of anxiety, little is known about the impact of exercise dose, intensity, or physical fitness level on the risk of developing anxiety disorders.