Indian
Overseas travel insurance increases 76% post-pandemic: ICICI Lombard
Sanjeev Mantri, executive director, ICICI Lombard said, “Customers...
RBI’s financial inclusion index rises; showing growth across all segments
The index captures information on various aspects of financial...
Govt asks airlines to boost engineering capabilities after series of safety incidents
Indian airlines reported 478 technical snags in the year to June...
IRDA caps total expenses(EoM) for non-life insurers at 30%, asks them to prepare board approved annual business and capital raising plans
Every insurer has to formulate a business plan in advance on an...
International
Ebola vaccines stockpiled against future outbreaks
In a statement, WHO, Doctors Without Borders, UNICEF and the International Federation of Red Cross and Red Crescent Societies said they were establishing an emergency reserve of about 500,000 doses; nearly 7,000 are available now and more will be added throughout the year and beyond. Financial support for the vaccine stockpile was provided by the vaccines alliance GAVI.
China-backed AIIB to support COVID-19 vaccine rollout, expects steady lending this year
COVID-19 spurs calls to boost protections for millions of homeworkers
“Homeworkers have been invisible for too long. But the explosion in homeworking during the pandemic has highlighted the poor working conditions experienced by millions worldwide,” ILO economist Janine Berg told the Thomson Reuters Foundation.
Homeworkers earn on average 13% less than non-homeworkers in Britain, 22% less in the United States, 25% less in South Africa and about 50% less in Argentina, India and Mexico, the ILO said in a report.
Ship insurers primed to raise rates after Red Sea attacks
“We are seeing increased rates for vessels making port calls in the Red Sea due to concerns over risk of attack by militia groups, whereas previously this was of an issue of more concern in the Arabian Gulf,” said Mike Ingham with insurance broker Gallagher. “This will be impacting vessels travelling to Red Sea ports such as Jeddah.”
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