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Here is a masonry blog layout with no sidebarM&A in global insurance sector remain subdued during H1
Despite witnessing robust U.S.Mergers and acquisitions (M&A) activities, the global insurance industry fell 3% in the first half of 2021. There were 197 completed deals worldwide, down from 206 in the second half of 2020, said Clyde & Co.’s...
ELEMENT and Parametrix launch innovative cloud outage insurance in Europe
Parametrix developed this unique insurance solution based on its proprietary monitoring technology that analyses the global performance and availability of cloud service providers’ down to the millisecond level. The highly advanced parametric system ensures an accurate and precise overview of risk accumulation and concentration across different IT-services and regions. Also, the monitoring system detects insured events in real time and triggers compensation with waiting periods as short as only one hour. This new insurance solution in the field of cyber and tech-related insurance is an innovative answer for companies to financial losses due to cloud outages.
New Zealand’s Auckland stays in lockdown, officials report Pfizer-linked death
The health ministry on Monday announced a woman had died due to myocarditis, which is known to be a rare side effect of the Pfizer-BioNTech COVID-19 vaccine. Myocarditis is an inflammation of the heart muscle that can limit the organ’s ability to pump blood and can cause changes in heartbeat rhythms. The health ministry did not provide the woman’s age. Pfizer in New Zealand did not immediately reply to an emailed request for comment.
Moderna Inc’s COVID-19 vaccine contamination woes in Japan have widened with another million doses being suspended after foreign substances were found in more batches and two people died following shots from affected lots.
Genetic risk scores can aid accurate diagnosis of epilepsy: Study
Maha health survey: Prime focus on COVID-19, staff shortage affected patients most
Highlighting the shortage of staff at health facilities, the survey report informed that only 51 percent of the surveyed PHCs had one permanent medical officer, which meant only one doctor for around 30,000 people, and only 53 percent had permanent nurses. ”Around 46 percent of rural hospitals and 30 percent of sub-districts hospitals do not have specialist doctors. As many as 81 percent posts for psychiatrists, 63 percent posts for surgeons, 47 percent posts for anesthetists, 26 percent posts for gynecologists, 23 percent posts for pediatricians and 47 percent posts for dentists are lying vacant in rural hospitals,” the report said.
Researchers find combination therapy cuts risk of heart attacks, strokes in half
Approximately 19 million people worldwide die of CVD and twice as many experience heart attacks or strokes every year. About 80 per cent of cardiovascular events occur in individuals without a prior history of such illness, meaning effective preventative strategies including medications in people without CVD is essential, if the majority of heart attacks, strokes and related deaths in the world are to be prevented, the authors of the study state.
U.S. reports world’s first deer with COVID-19
India’s coronavirus vaccine supply jumps, raising hopes of export
India’s daily vaccinations surpassed 10 million doses on Friday, with national vaccine production more than doubling since April and set to rise again in the coming weeks. New production lines have been set up, a vaccine developed by Cadila Healthcare won recent approval, and commercial production of Russia’s Sputnik V is starting in India.
The Serum Institute of India (SII), the world’s biggest vaccine maker, is now producing about 150 million doses a month of its version of the AstraZeneca shot, more than twice its April output of about 65 million, a source with knowledge of the matter said.
Covid destroyed lives, heart-wrenching to see survival of kids at stake: SC
“We are glad that the UoI (Union of India) and the state governments/Union Territories have announced schemes to provide succour to the children in need. We have no doubt that the authorities concerned would leave no stone unturned to attend to the immediate basic needs of the crestfallen children, said a bench of justices L Nageswara Rao and Aniruddha Bose.
The top court, which was hearing a suo motu matter on ‘Contagion of COVID-19 on children protection homes’, noted in its order that over one lakh children have lost either or both parents during the pandemic.
Pent-up demand to push auto dealer volumes up by 10-15% in FY22: CRISIL
Dealers of two-wheelers, passenger vehicles and commercial vehicles expect sales to increase 10-15 per cent this fiscal on a low base of last fiscal, driven by new model launches, pent-up demand, and festive season sales, the survey revealed.
However, a possible third wave of COVID-19, spurt in fuel prices and supply constraints of original equipment manufacturers (OEMs) are seen among factors that could slow the sector down, CRISIL said on Monday.
After July, August too set to record less than normal rainfall: IMD
Ez4EV to soon launch on-demand mobile charging stations for EVs
The transition from IC (internal combustion) engines to e-mobility requires efficient charging infrastructure. The Ez4EV plans to solve the problem of inadequate infrastructure by deploying a network of autonomous EzUrja charging stations. With this, the company aims to become a key player in the innovative charging infrastructure market by providing ‘Infra-as-a-Service’ for the Indian EV sector.
Green Sheen Environment Foundation offers AI-based Solutions to challenges in water secto
“Our population has quadrupled while water extraction has increased six-fold. Twelve per cent of India’s population is already living the ‘Day Zero’ scenario, thanks to excessive groundwater pumping, an inefficient and wasteful water management system and years of deficient rains,” says Chintan Mehta, Founder and Chairperson, Green Sheen Environment Foundation, and President of the Chicago-based Scad Consultants.
Hurricane Ida lashes Louisiana, knocking out power in New Orleans
U.S. President Joe Biden declared a major disaster in Louisiana, ordering federal assistance to bolster recovery efforts in more than two-dozen storm-stricken parishes. Ida slammed ashore around noon near Port Fourchon, Louisiana, a hub of the Gulf’s offshore energy industry, blasting the coast with hurricane-force winds extending 50 miles (80 km) out from the eye of the storm. Landfall came 16 years to the day after Hurricane Katrina, one of the most catastrophic on record, struck the Gulf Coast.
Asian tourism sees ups, downs in 2nd year of pandemic
Alibaba fires 10 for leaking sexual assault accusations
The Alibaba incident this month shone a spotlight on criticisms that Chinese women are overlooked, objectified or forced to take part in male-dominated rituals like drinking with clients, then brushed aside when reporting abuse. It coincides with intense government scrutiny on issues ranging from exploitative and monopolistic behavior to the abuse of low-wage workers.
China market regulator says it will tighten oversight of sharing economy
PhonePe receives insurance broking licence from IRDAI
With over 300 million registered users,Phone Pe’s ‘direct broking’ license will allow it to distribute insurance products from all insurance companies across India.
Gunjan Ghai, vice president & head of insurance at PhonePe said, “This licence is a big milestone in our insurance journey as this move to broking will give us further momentum and accelerate our growth in this space. We are building a robust, full-service platform for our deeply engaged customer base through products in partnership with high quality insurers.”