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Indian
PSU general insurers’ employees observe strike to protest proposed privatisation
The one-day strike against the passage of the General Insurance Business (Nationalisation) Amendment Bill 2021 in the Lok Sabha was successful across the country, General Insurance Employees All India Association’s General Secretary K Govindan claimed.
About 52,000 employees and officers across all four PSGI companies participated in the day-long strike, he added.
India reports 42,982 new COVID-19 cases
Meanwhile, India’s COVID-19 vaccination coverage has exceeded 48.93 cr. Cumulatively, 48,93,42,295 vaccine doses have been administered through 57,21,937 sessions, as per the provisional report till 7 am today. 37,55,115 vaccine doses were administered in the last 24 hours, said the Union Health Ministry.
India reports 42,625 new COVID-19 cases in last 24 hours
The cumulative number of Covid vaccine doses administered in the country so far has reached 48,52,86,570 of which 62,53,741 doses were administered in the last 24 hours.
The country wants to immunize all its adult population of 944 million by December and has given at least one dose to nearly 40% of them.
COVID-19: Mumbai gets its first genome sequencing lab
Another project- Spinraza therapy for spinal muscular atrophy (SMA) in children was also launched at the T. N. Medical College & BYL Nair Charitable Hospital, one of the premier medical institutes in the city as part of its centenary celebrations.
Spinraza Spinal muscular atrophy (SMA) encompasses a group of inherited progressive, degenerative neuro-muscular disorders, in which children die at a young age due to respiratory failure or they are wheelchair-bound for a lifetime, the statement said.
International
Cigna to sell unit to New York Life Insurance in $6.3 billion deal
Climate change has a significant impact on the liabilities of non-life insurers and reinsurers:EIOPA
Regarding climate risk, insurers and pension funds can play a key role in the transition towards a low carbon economy as major institutional investors, but this transformation carries significant investment risks as well. It is therefore crucial that both insurers and pension funds actively incorporate climate change risks in their own risk management frameworks.
Financial Action Task Force cautions financial institutions on dealings with North Korea
The FATF remains concerned by theNorth Korea’s failure to address the significant deficiencies in its anti-money laundering and combating the financing of terrorism (AML/CFT) regime and the serious threats they pose to the integrity of the international financial system. The FATF urges the DPRK to immediately and meaningfully address its AML/CFT deficiencies.
Irish plane lessor seeks $185M from Boeing for 737 MAX-related losses
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