Welcome to My Blog
Here is a masonry blog layout with no sidebarGold demand plunged to 11-year low in 2020 as virus upended trade – WGC
Global insurance industry cross border deals total $5.27bn in Q4 2020
The value marked a decrease of 42.2% over the previous quarter and a rise of 47.2% when compared with the last four-quarter average of $3.58bn.
In terms of number of cross border deals, the sector saw a rise of 47.06% over the last four-quarter average with 25 deals against the average of 17 deals.
In value terms, North America led the activity with cross border deals worth $2bn.
Record-high InsurTech funding of $7.1 billion achieved in 2020
Compared with 2019, total funding increased by 12%, while deal volume increased by 20%. InsurTechs raised $2.1 billion across 103 deals during Q4, with 67% of the funds attracted by property/casualty-focused firms. Life & health InsurTechs saw a modest decrease in deal share of 1.6 percentage-points in the quarter, and an 8.4 percentage-point decline in total funding over Q3, 2020.
India turns to artificial intelligence for better and faster economic data
The Ministry of Statistics is ramping up use of artificial intelligence for collecting, analyzing and reporting data to better monitor the economy. The measures include a $60 million program with World Bank help using an information portal that collates real-time data.
“Because of the changing landscape, there’s a growing need for more and more data, faster data and also more refined data products,” Statistics Secretary Kshatrapati Shivaji said in an interview. With end-to-end computerization, “this type of automation will enhance the quality, credibility and timeliness of data.”
Over 13,000 malware threats detected every hour in 2020: Report
Biden takes sweeping measures to curb climate change, vows job creation
“In my view, we’ve already waited too long to deal with this climate crisis,” Biden told a White House ceremony, noting the threats the nation faces from intensifying storms, wildfires, floods and droughts linked to climate change as well as air pollution from burning fossil fuels. “It’s time to act.”
Kerala govt makes masks, social distancing mandatory amid Covid surge
As per a study by the Community Medicine department of the Thiruvananthapuram Medical college hospital, 56 per cent of people get infected from inside their homes.
Those coming home from outside infect family members and 20 per cent of people get infected from markets, malls and restaurants, it said.
Pfizer-BioNTech Say Their Covid Vaccine Works Against UK, South Africa Variants
Toyota overtakes Volkswagen as top-selling global auto maker
Many more COVID-19 vaccines will be made available from India to help world fight pandemic swiftly: PM
He also referred to a new initiative to provide a unique health ID to 1.3 billion citizens for easy access to healthcare. ”I assure you that every success of India will help the world to succeed. Our Aatmanirbhar Bharat mission is fully committed to global good and global supply chain,” he said.
Modi also talked about Aadhaar, UPI transactions and data privacy laws.
Finalise policy on rare diseases by March 31: HC to Centre
Google says North Korea-backed hackers sought cyber research
MS Amlin Underwriting appoints Chief Risk Officer and Chief Actuary
Desai, who will report into Johan Slabbert, CEO of MS AUL, brings over 18 years’ general insurance industry experience, both in the U.K and internationally from UBS, PwC and Hiscox.
Scullion will take up the newly created role of Chief Actuary in April and will report to Phil Green, CFO of MS AUL. She joins from Lloyd’s of London, where she has worked since 2015 and held the position of Head of Capital since 2018.
How many variants of the coronavirus are there?
India’s rank slips to 86th in corruption perception index 2020
Delia Ferreria Rubio, chair of Transparency International'(TI) said that Covid 19 is not just a health and economic crisis, it is also an economic crisis,which we are currently failing to manage. She said that countries with higher levels of corruption have been less able to meet the pandemic challenge.
Global public debt likely to touch 98 pc of GDP in 2020 amid COVID crisis: IMF
Noting that global public debt is projected to edge up further from 98 per cent of GDP in 2020 to almost 100 per cent of GDP in 2021 driven by advanced and emerging market economies, Paolo Mauro, Deputy Director of the Fiscal Affairs Department at IMF said, with the pandemic still out of control and economies growing below potential, additional fiscal support will be necessary in 2021, to protect livelihoods.
German draft doesn’t recommend AstraZeneca jab for over-65s
WHO launches plan to tackle neglected diseases as Covid-19 strains healthcare
By Zachary Fagenson, The World Health Organization (WHO) will on Thursday launch a plan to combat 20 diseases that affect the world's poorest people, seeking to prevent recent progress being erased by the impact of Covid-19 on healthcare...