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Indian

No noticeable change in insurance coverage during Covid pandemic: Govt

Minister of State for Health Bharati Pravin Pawar told Lok Sabha that the number of lives covered under health insurance (excluding personal accident and travel business) from April 1 to December 31, 2020 was 38.79 crore as compared to 39.06 crore for the corresponding period the previous year.

The total number of health insurance coverage, excluding personal accident and travel, in financial year 2019-20 was 49.87 crore, she said in a written reply.

Easing curbs, non-adherence to Covid norms behind surge in infections: Govt

A three-tier arrangement of dedicated COVID-19 health facilities [(i) COVID Care Center (CCC); (ii) Dedicated Covid Health Centre (DCHC) and (iii) Dedicated COVID Hospital (DCH)] has been implemented in the country to reduce the risk of cross infection to non-COVID patients as well as to maintain continuity of non-COVID essential health services in the country, Pawar said.

Govt clears Suchita Gupta’s appointment as CMD of National Insurance

The government is yet to notify the the appointment of Indrajit Singh, general manager, New India Assurance, as the CMD of Chennai based United India Insurance.
Ministry of finance has also notified the appointments of Mini Ipe and Vishnu Patanaik as the managing directors of Life Insurance Corporation.

9,27,606 severely acute malnourished children identified, nearly 4 lakh in UP: WCD Ministry

” As on 30th November, 2020, 9,27,606 severely acute malnourished (SAM) children (6 months – 6 years) have been identified in the country, out of which 3,98,359 are from the State of Uttar Pradesh. Under the Integrated Child Development Services, supplementary nutrition is provided to children including severely malnourished children in the age group of 6 months-6 years,” Women and Child Development Minister Smriti Irani said,.

International

Global carbon emissions slower than 2018, linked to India’s economic slowdown: Study

“Policies have been successful to varying degrees in deploying low-carbon technologies, such as solar, wind and electric vehicles. But these often add to existing demand for energy rather than displacing technologies that emit CO2, particularly in countries where energy demand is growing,” said study co-author Corinne Le Quere from the University of East Anglia in the UK.

SCOR issues a new contingent capital facility

Denis Kessler, Chairman & Chief Executive Officer of SCOR, comments: “Our new strategic plan “Quantum Leap” sets out ambitious profitability and solvency targets given the current financial and economic environment. This new contingent capital facility is an essential part of the active capital management policy that is at the heart of our strategy. This facility protects SCOR’s solvency, at a very low cost for our shareholders, against events such as a global pandemic or a natural catastrophe of historic proportions.”

Berkshire Hathaway launched  Commercial Crime Insurance in Asia

“Corporate fraud is becoming increasingly sophisticated as technology advances at an exponential pace across the globe. Companies now face new threats and are tasked with protecting both traditional and digital assets,” said Scotland Walsh-Riddle, head of Executive & Professional Lines, BHSI Asia. “Our policy is important protection for a company’s balance sheet by both insuring against losses arising from a wide range of threats and providing support to investigate the cause of a loss.”

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