The life/annuity segment raised its dollar exposure in hedge funds 5.8%, to $5.4 billion, and the property/casualty segment, 5.5%, to $6.6 billion.
Several qualities made hedge funds attractive to investors during the pandemic, including risk diversification and a low correlation to other asset classes. The hedge fund industry still lost approximately $44.5 billion in asset flows in 2020, according to the report, but that is nearly half the amount pulled out in 2019.

‘Digital dumpsites’ study highlights growing threat to children: UN health agency

Jun 16, 2021

Informal methods of removing materials from e-waste have been linked to a range of health effects, especially in children, WHO said.

Recycling e-waste particularly impacts those in vital stages of physical and neurological development, with children, adolescents and pregnant women most vulnerable.

UK COVID-19 BI claims exceed $1 Billion; About half of claims Paid

Jun 16, 2021

In total, 16,159 claims have been paid in full out of 37,702 claims that have been accepted by insurers for a final clearance rate of 42.86%.

Aggregate claims paid has risen by 7.9% since the last FCA report, which showed £701.4 million in claims paid. Insurers have made initial or final payments on 53.97% of BI claims that have been accepted by the carriers.
The payments are being made after the U.K. Supreme Court ruled in a BI test case in April. It found insurers are liable for the COVID-19-related business interruption claims of about 370,000 policyholders under policies written before the outbreak and never designed to cover pandemic claims.

Global Covid-19 caseload tops 176 mn; deaths surge to more than 3.80 mn

Jun 15, 2021

In terms of infections, India follows in the second place with 29,510,410 cases.

The other worst countries with over 3 million cases are Brazil (17,452,612), France (5,803,012), Turkey (5,336,073), Russia (5,162,049), the UK (4,589,398), Italy (4,245,779), Argentina (4,145,482), Colombia (3,777,600), Spain (3,741,767), Germany (3,724,168) and Iran (3,039,432), the CSSE figures showed.

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