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Govt eyes LIC listing on stock exchanges by March end: DIPAM Secy
"LIC disinvestment amount will be included in this year's (Budget)...
Early signs of Covid cases plateauing reported but need to be observed, says govt
Addressing a press conference here, Lav Agarwal, the joint...
Regular market approval granted for Covishield, Covaxin for use in adult population
Under the conditions, the firms shall submit data of ongoing...
India logs 2,86,384 new COVID-19 cases in last 24 hours
Under the ongoing nationwide COVID-19 vaccination drive, over...
International
South Korean doctors strike over health plans as new coronavirus cases climb
The government plans to increase the number of medical students by 4,000 over the next 10 years, which it says is necessary to be better prepared for public health crises like the coronavirus pandemic.
But the Korean Medical Association (KMA), which helped organise the protest, says the country already has more than enough physicians.At least 8,365 of the country’s total 33,836 medical facilities, including private clinics, had said they would stage a walk out on Friday, but the numbers could rise, Vice Health Minister Kim Gang-lip told a briefing.
“The number of physicians per 1,000 people has increased by 3.1% annually for the past 10 years, which is 6 times greater than that of OECD average,” KMA said in a statement.
Prudential Thailand deploys Munich Re’s digital solution, customers can avail real-time underwriting decisions
Pasalaree Theerasas, Chief Customer Officer, Prudential Thailand, said,“The automated solution shortens the turnaround time for underwriting decisions compared with the traditional process, and reduces the time spent by applicants in answering unnecessary or repetitive health questions and providing medical documents. ”
Middle East insurers seen taking bulk of losses from Beirut blast – sources
“The majority of exposure will be on the building damage side and to the extent that it is covered beyond the property markets, there will be very significant business interruption,” a Lloyd’s of London market source said.
“Much of it (the risk) may be covered by local markets,” the source said, which could include insurers in Dubai.
Business owners can sue insurer over coronavirus losses, US judge rule
The decision against Cincinnati Insurance Co by U.S. District Judge Stephen Bough in Kansas City appears to be first victory for policyholders suing insurers for improperly denying claims related to shutdowns caused by COVID-19.
Insurers had won similar cases in courts in Michigan and Washington, D.C., successfully arguing that coverage was not warranted because the virus travels through the air and does not cause physical damage.
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