Pandemic

Why reveal names of COVID-19 patients? it involves privacy: Bombay HC

Indian News       Jul 10, 2020

    Mumbai:  The Bombay High Court on Friday sought to know why should the names of persons who have tested positive for COVID-19 be disclosed and said the issue involves privacy rights of such patients. A division bench of Justices A A Sayed and M S...

Record single-day jump of 26,506 COVID-19 cases in India

Indian News       Jul 10, 2020

  New Delhi: India saw yet another record single-day jump of 26,506 COVID-19 cases pushing its tally to 7,93,802 on Friday, while the death toll climbed to 21,604 with 475 people succumbing to the infection, according to the Union Health Ministry data. The number of recoveries...

General and health insurers launch mandatory Corona covers,Bajaj Allianz General's prm ranges between Rs447 to Rs 5,630 for a Rs 50k policy

Indian News       Jul 10, 2020

  Mumbai: 30 general and health insurers have launched standard ‘Corona Kavach’ policies on Friday as mandated by the insurance regulator IRDAI. In view of the Covid 19 pandemic, the IRDAI had designed a standard Covid-19  specific product addressing basic health insurance needs of insuring public...

Pandemic-proofing: Insurance may never be the same again

International News       Jul 10, 2020

  Insurers are creating products for a world where virus outbreaks could become the new normal after many businesses were left out in the cold during the COVID-19 crisis.While new pandemic-proof policies might not be cheap, they offer businesses from restaurants to film production companies to...

Life insurers see degrowth in new premium income and policies in Apr-June Qtr

Indian News       Jul 10, 2020

  Mumbai: With Covid-19 Pandemic disruption in play in the full swing, the domestic life insurance sector, consisting of 24 players including state owned Life Insurance Corporation, has ended the June quarter of HY 2020-21 with a negative growth both in its new premium income and...

Chubb wants U.S. to offer businesses pandemic cover, with insurers taking some risk

International News       Jul 09, 2020

Chubb Ltd said on Wednesday it is lobbying the U.S. government to insure businesses for losses in future pandemics, while giving the insurance industry a small portion of the business, jumping into a debate over how to insure such disasters. The U.S. insurance industry has...

Business interruption insurance claims are a worry, BoE says before court rules

International News       Jul 09, 2020

  London: The biggest uncertainty now facing insurers is whether they will have to pay for a raft of business interruption claims, the Bank of England said, as a court prepares to rule on whether existing policies cover big losses caused by the coronavirus crisis. Anna...

COVID-19 pandemic in Africa is now reaching 'full speed'

International News       Jul 09, 2020

Johannesburg: The coronavirus pandemic in Africa is reaching full speed and it's good to prepare for the worst-case scenario, the Africa Centers for Disease Control and Prevention chief said Thursday, after a South African official said a single province is preparing 1.5 million graves. Just...

Covid-19 Pandemic:General insurance industry returns to growth path in June,NIA's market share at a record 19% in Jun qtr

Indian News       Jul 09, 2020

  Mumbai: Indicating  green shoots of recovery amist Covid-19 Pandemic,the domestic general insurance industry, led by state owned New India Assurance(NIA), has returned to the positive growth trajectory in premium income in June,after continuously recording negative growth in March, Apr and May, . However,for first quarter...

Jerome Jean Haegeli, Group Chief Economist,Swiss Re

Covid-19 Pandemic:Prm growth in emerging markets to remain positive in 2020 & 2021,says Swiss Re

Articles       Jul 09, 2020

  The insurance industry is set to overcome this year’s COVID-19-induced global economic recession, the latest Swiss Re Institute’s sigma says. The COVID-19 crisis will present challenges to industry profitability.In addition to pandemic-related losses, investment returns will remain subdued as interest rates stay low for longer,...

1 2 3 4