Indian
Crypto Fraud: Delhi man’s Rs 4.5 cr Bitcoins sent to Palestine’s Hamas wing
During the course of investigation by Delhi police, the...
Private sector plays important role in journey towards net-zero emissions: Minister
Private sector players have already woken up to this reality and...
India logs 3,06,064 new COVID-19 cases; daily positivity rate over 20 pc
The ministry has said that India's active caseload currently stands...
Equity indices open in red, Sensex down by 251 points
As the countdown to the Union Budget 2022-23 has begun, the Indian...
International
Russia registers first Covid-19 vaccine,Putin’s daughter administered dose
Russia is the first country to register a coronavirus vaccine. Many scientists in the country and abroad have been skeptical, however, questioning the decision to register the vaccine before Phase 3 trials that normally last for months and involve thousands of people.
U.S. Health Secretary Alex Azar, asked about Russia’s announcement, said safety was paramount and late-stage trials were key. He said the United States was on track for an effective vaccine by the end of the year, with six candidates under development.
“The point is not to be first with a vaccine. The point is to have a vaccine that is safe and effective,” Azar said on ABC News’ “Good Morning America” programme.
Global insurance losses from natural catastrophes and man-made disasters at $ 31 billion in H1 2020:Swiss Re
Global insured losses from natural catastrophes rose to USD 28 billion in the first half of 2020 from USD 19 billion the year before, while insured losses from man-made disasters decreased to USD 3 billion from USD 4 billion.
Secondary perils primary loss drivers once again In the North America, severe convective storms (thunderstorms with tornadoes, floods and hail) caused insured losses of over USD 21 billion in the
first half.
Prudential Thailand and The 1 to launch country’s first lifestyle-health collaboration
Through this collaboration, The 1’s members will gain access to highly customised digital lifestyle and health solutions based on their lifestyle preferences, health stages and savings intentions. The partners in the collaboration will use Artificial Intelligence (AI) to curate and offer services that are highly relevant to members, helping them to achieve a higher quality of life and wellbeing
Sprout.ai aids Covid-19 insurance claim settlements with AI solution
Tony Emms, former CCO at Zurich UK and Sprout.ai advisory board member, says: “This solution is potentially transformational for the health insurance industry. Claim handling based on illness and medication coding frameworks create a huge amount of complexity. Medical claims are often the most difficult to handle because of these issues and their high volume, low value nature. By circumventing the coding system, with an entirely justified reasoning behind the triage, Sprout.ai has simplified the process for claims handlers. This solution will succeed because it impacts both leakage detection and efficiency gains simultaneously.”
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