Contributing to the report, the Agricultural Insurance Company of India commented: “With the advent of new concepts in agriculture, the scope for crop / agriculture insurance in India is vast. The main challenge is consistency. The scheme has changed drastically in a very short space of time. Reinsurers believe there is ample opportunity but only if they decide to commit to this product for the longer term and take a long-term view despite the changes.”

Poor public risk management led to higher Covid-19 Pandemic losses and P&C market exposure:Denis Kessler

Nov 4, 2020

Denis Kessler, chairman and chief executive officer of SCOR said that this is the biggest surprise of the crisis because it’s the opposite of what, broadly speaking, had been anticipated and modelled for pandemic risk. While the industry was certainly not unaware of pandemic threat, it failed to accurately anticipate the lines it would impact most severely

U.S. formally exits global climate pact amid election uncertainty

Nov 4, 2020

“The U.S. withdrawal will leave a gap in our regime, and the global efforts to achieve the goals and ambitions of the Paris Agreement,” said Patricia Espinosa, executive secretary of the U.N. Framework Convention on Climate Change (UNFCCC).

Britain prepares for COVID-19 vaccine as Oxford forecasts result this year

Nov 4, 2020

The National Health Service (NHS) in England is preparing to start distributing possible COVID-19 vaccines before Christmas in case one is ready by the end of the year.

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