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‘It’s connected to you’: Shared causes fuel surge in disasters

From Arctic heat and wildfires to Texas cold-weather power outages and Amazon deforestation, threats around the world that may seem unrelated are increasingly compounding each other, United Nations researchers said in a report released Wednesday.

The underlying causes of the rising risks – from climate change to lack of cooperation among governments and ignoring the value of nature in economic decision-making – are common across many of them, researchers said.

At least 50 missing after boat capsizes on Brahmaputra in Assam

Jorhat district police chief Ankur Jain said that the police and the disaster management personnel located the capsized boat about 350 metres from the riverbank.

“We have rescued around 20 people on board the boar from various places downstream. However, around 50 people are missing till late evening,” he told the media adding that the searches for the missing people are on.

‘Everyone is scared’: Govt’s criticism of Infosys, Tata worries India Inc

In India, safeguarding domestic businesses has been Modi’s priority. While government or RSS criticism of foreign businesses like Amazon and Monsanto is common, local businesses are rarely caught in the crossfire.

But the latest events have raised concerns among business leaders about whether Modi is now taking a hardline approach towards domestic giants as well, five industry sources said.

One venture-capital executive said the criticism was akin to “harassment” of businesses and risks souring investor sentiment.

Northwest, central and south-central India new hotspots of intense heatwave

Heatwaves have emerged as a deadly health hazard, claiming thousands of lives across the globe in recent decades, with episodes strengthening in frequency, intensity and duration in the past half-century in India as well.

This has caused severe impact on health, agriculture, economy and infrastructure. In such a scenario, it is extremely important to identify the most heatwave vulnerable regions of the country to prioritise immediate policy intervention and stringent mitigation and adaptation strategies, the Department of Science and Technology said.

National Nutrition Month 2021: The power of a nutritious meal

Don’t settle on just your favorite foods but fill your plate with various colorful fruits and vegetables. Our body needs a rainbow of nutrients and colors for optimal health, and each food contains specific phytonutrients such as beta-carotene and lycopene. Research suggests that food patterns that include fruits and vegetables are associated with a reduced risk of several chronic diseases, including cardiovascular disease, and may also protect against certain types of cancer.

IUMI reports an improvement in global marine insurance market, remains cautious over a sustainable recovery

Marine underwriting premiums for 2020 were estimated to be USD 30.0 billion which represents a 6.1% increase from 2019. Global income was split by region: Europe 47.7%, Asia/Pacific 29.3%, Latin America 9.3%, North America 7.7%, Other 6.0%.

By line of business, cargo continued to represent the largest share with 57.2% in 2020, hull 23.8%, offshore energy 12.1% and marine liability (excluding IGP&I) 6.8%.

Trinidad and Tobago receives $2.4 million parametric payout as excess rainfall claims 

Due to different hazard risk profiles for each of the islands in the twin-island republic, the Government purchases two separate CCRIF policies for excess rainfall – one for Trinidad and one for Tobago. This payout is being made on the excess rainfall policy for Trinidad.

Since Trinidad and Tobago purchased coverage for excess rainfall in 2017, the country has received payouts under its excess rainfall policy each year – five payouts totalling US$12.5 million. The Government of Trinidad and Tobago also has cover for tropical cyclones (one policy for Trinidad and one for Tobago) and for earthquakes.

Biden to outline plan to curb coronavirus Delta variant as cases grow

Reuters data shows that more than 20,800 people have died in the United States from COVID-19 in the past two weeks, up about 67% from the prior two-week period. Hospitalizations have grown, with seven U.S. states – Alaska, Georgia, Hawaii, Idaho, Kentucky, Tennessee and Washington – reporting records this month.
According to the U.S. Centers for Disease Control and Prevention, 62.3% of Americans have received at least one vaccine dose and 53% – 176 million people – are fully vaccinated.

India continues to “lag way behind” in COVID vaccination: Fitch

”The (APAC) region which was so successful in containing the virus early on, got behind the curve when it came to rollout of vaccines. Singapore really stands out now with 80 per cent of its population being vaccinated. But many countries in the region like Vietnam, Thailand and India continue to lag way behind and as a result continue to have periodic restrictions,” Schwartz said.

Aditya Birla Health Insurance looks to break even in next fiscal year on strong growth trajectory

“Good thing is that from the regulatory perspective, there have been a lot of enablers. However, there are challenges in terms of the initial impact of COVID-19 cases as the claims have been high,” ABHICL Chief Executive Officer Mayank Bathwal.

The company”s unique and differentiated health-first business model, such as 100 per cent return of premium, is contributing to more than 50 per cent of retail health new business, he said.

Major U.S. insurers jump on distribution platforms to gain customers, sales

The powerful new platforms, including Semsee, bolttech, Bold Penguin and Uncharted, pull data from many carriers, allowing agents to see multiple quotes for policies, much the way travel agents see competing air fares.

Chubb Ltd, Travelers Companies Inc  and Liberty Mutual have signed on recently as have agencies that also sell policies, executives said.The growth of digital distribution represents a shift in how insurers compete in markets for auto and homeowner coverage as well as business and commercial lines worth hundreds of billions of dollars annually, experts said.

Carriers also benefit from being able to meet more of a customer’s needs, even if they are not selling their own policy.