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Indian
GIC Re net profit surges 85% to Rs 1,860 crore in Q2 FY2023
Devesh Shrtivastav, CMD, GIC Re GIC Re has performed well in the...
Insurers take up `GST evasion’ issue with Govt, Revenue Secy Bajaj assures fair investigation and no coercive actions
Tarun Bajaj, revenue secretary, ministry of finance The government...
FinMin finalizes framework for sovereign green bonds
These rupee-denominated papers will have long tenure to suit the...
Census, NPR databases declared as critical information infrastructure
The computer resources of all associated dependencies of the...
International
AM Best places credit ratings of Singapore Re under review with developing implications
This Credit Rating (rating) action follows an announcement made on the Singapore Exchange (SGX) on 21 April 2021 that Fairfax Asia Limited’s (Fairfax Asia) recent voluntary cash offer to purchase all issued and paid-up ordinary shares in the capital of Singapore Re, other than those already held by Fairfax Asia and other Fairfax Financial Holdings Limited (Fairfax group) companies, has been declared unconditional.
Chubb and Marsh partnership to provide $150 million cover for the COVAX Program for 92 low and middle-income countries
Through Chubb’s and Marsh’s collaboration, up to $150 million in insurance is provided for the COVAX No Fault Compensation Program to cover compensation payments to eligible individuals in the 92 lower-income countries and economies, known as the Gavi COVAX Advance Market Commitment (AMC) eligible economies.
Insurance broker Marsh led the global placement of the bespoke solution. Chubb is the lead insurer, supported by a further 10 insurers located in the U.S., U.K., Germany, Ireland, Switzerland and Bermuda.
Increased cancer risk for petroleum industry workers and people living near plants: New UN study
1 in 4 global Covid-19 deaths occurred in Americas: Pan American Health Organization
“One in four Covid deaths reported worldwide last week took place right here, in the Americas. Nearly every country in Central America is reporting a rise in infections,” said Pan American Health Organization (PAHO) Director Carissa Etienne..
For the first time, Canada’s infection rates have surpassed the US Covid-19 infection rates, the PAHO director informed.
The surge of infections is being led by new Covid-19 variants, which slow vaccination rollouts, due to lack of vaccine availability, are also providing major setbacks for a number of countries in the Americas.
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