Questions remain about how well the vaccine protects older people. Only 12% of participants in the AstraZeneca research were over 55 and they were enrolled later, so there hasn’t been enough time to see whether they get sick at a lower rate than those who didn’t get the vaccine.

WHO launches plan to tackle neglected diseases as Covid-19 strains healthcare

Jan 28, 2021

By Zachary Fagenson, The World Health...

Insurers face ‘mind-blowingly’ large loss if Olympics cancelled

Jan 28, 2021

The IOC and Japanese organizers have been adamant that another postponement isn’t an option. So it appears more likely the Games would have to be canceled, rather than postponed again, if they weren’t able to go ahead in Tokyo this summer.

Analysts at Jefferies have estimated the Tokyo Olympics is insured for around $2 billion, plus a further $600 million for hospitality.

The IOC takes out around $800 million of protection for each Summer Games, which covers most of the roughly $1 billion investment it makes in each host city.

Governments, insurers should work together on global risks-executives

Jan 27, 2021

“Public-private partnerships are the only way to tackle climate risk,” insurance broker Willis Towers Watson CEO John Haley said at a virtual meeting of the World Economic Forum.

Zurich Insurance CEO Mario Greco said insurers did not have the capacity to tackle climate and cyber risks alone, but neither should such problems be outsourced wholly to governments.Governments and insurers in Europe and the United States are considering state-backed reinsurance programmes for future pandemics, though some insurance sources have said progress has been slow, as governments focus their attention on dealing with the current crisis.

« Older Entries

Next Entries »

Briefs