Indian
NDMA reviews preparations ahead of monsoon, plans NDRF deployment in flood-prone areas
Use of Damini App, Nowcast, as also various Google alerts for...
RIL top-ranked Indian firm on Forbes Global 2000 list
Forbes Global 2000 ranks the largest companies in the world using...
Consumer inflation at 8-year high of 7.79%, to ‘trigger’ quicker rate hikes by RBI
Given the tone of urgency in RBI's statement to support the altered...
Delhi fire tragedy: Mundka building did not have fire NOC, says Police
"The building did not have a fire NOC. The owner of the building...
International
Japanese FWD Fuji Life adopts Swiss Re’s automated underwriting solution, to offer digitalised customer experience
FWD Fuji Life customers can digitally submit their information and receive initial policy offerings directly at the point of sale, substantially simplifying the customer journey without the hassle of handling paper forms. Applications are automatically checked for any incomplete information to further speed up the process. Customers get their policies on the spot, and they are better protected with the right questions asked via Magnum.
AXA XL appoints Nicola Harris as Head of Energy, UK and Lloyd’s market
Peter Welton, Chief Underwriting Officer for Marine, Energy & Aerospace, UK & Lloyd’s market, commented: “Global economic uncertainty resulting from the COVID-19 pandemic has significantly affected the global energy market, which was already facing several headwinds. Having the right team in place is an integral part of our commitment to our clients, as they manage the associated risks today and in the future.
UNICEF and IATA partner to deliver COVID-19 vaccines to over 92 countries
Making Covid-19 vaccines too expensive to hit poor countries
It should not be surprising then that several developing countries, led by India and South Africa, argued last week at the World Trade Organization’s intellectual property rights council that IPR-related payments should be suspended for the duration of the pandemic for Covid-19 related vaccines, therapeutics and equipment. They worry about “intellectual property rights hindering or potentially hindering timely provisioning of affordable medical products” to their citizens.
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