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Indian
India reports over 2.8 lakh new COVID-19 cases, daily positivity rate at 15.13 pc
As per the health ministry, there is an increase of 0.79 per cent...
ICICI Pru Life posts Rs 311 cr net income for Dec quarter; policy sales jump 20 pc
''We have maintained positive momentum in business and...
LIC listing: Inside the all-out campaign to prepare India’s biggest IPO
A knock-out listing could see LIC raise as much as $10 billion from...
Decision on COVID vaccination for children between 12-14 yrs yet to be taken by Health Ministry
Dr NK Arora, Chairman of COVID-19 working group of NTAGI, said that...
International
Swiss Re appoints Pasricha as Global Head P&C Solutions
For the last six years,Pranav Pasricha was the CEO of Intellect SEEC,offering data, machine learning and cloud-based solutions to commercial P&C and life insurance clients globally. Earlier, Pasricha was responsible for strategy, technology and operations for QBE Insurance across Australia Asia Pacific, leading the build-up of its eBusiness capabilities and digital transformation of underwriting and claims
Record numbers of coronavirus cases in every global region
“We will not be going back to the ‘old normal’. The pandemic has already changed the way we live our lives,” World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus said this week. “We’re asking everyone to treat the decisions about where they go, what they do and who they meet with as life-and-death decisions – because they are.”
Insurers explore officer coverage as police reform debate rages in US
U.S. insurers and brokers see a potential market opening up after a New York state lawmaker this month introduced legislation that would require individual officers to carry liability coverage for lawsuits alleging excessive force, abuse or other misconduct.
Currently, most police officers rely on municipalities to cover legal costs and payouts to victims, either from public funds or blanket insurance. Critics say that provides no incentive for officers to check their behavior, often leaving taxpayers on the hook. New York City paid $220 million last year for police department settlements of civil lawsuits, far more than any other of the city’s agencies, public data show.
Shadow of second wave of the virus spoils world leaders’ efforts to restore normality
From Italy to New Zealand, irrespective of how well the virus was contained, governments acknowledge that fresh waves of the deadly coronavirus are likely and that the policy tools to mitigate the damage are limited.The hope is that localizing quarantines to towns, cities and regions will be enough to snuff out bouts of infections as they come.
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