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Indian

Kerala vet doc gets patent for biodiesel from chicken waste

He said 100 kg of chicken waste, procured from slaughterhouses for which he gets paid up to Rs 7 a kg, can produce 1 liter of biodiesel, which offers over 38 km and can be sold at 40 percent of the diesel price now.

After seven-and-a-half years, the Indian Patent Office finally granted us the patent on July 7, 2021, for inventing ‘biodiesel produced from rendered chicken oil’, John Abraham, a veterinary-doctor-turned-inventor, an associate professor at the veterinary college here under the Kerala Veterinary & Animal Sciences University, told PTI from Wayanad.The higher mileage and lower pollution are because chicken waste contains 62 percent fat, offering the key energy content of Cetane at 72, while in normal diesel it is only 64. It also increases engine efficiency by 11 percent due to the presence of more oxygen, and reduces smoke levels by over 47 percent, Abraham said.

Need for relaunch of PMAY scheme with in-built credit-linked insurance: CII

”There is a need for a relaunch of the PMAY scheme with an in-built credit-linked insurance or a mandatory life insurance for all borrowers under the PMAY scheme to ensure that the intent of providing ‘Housing for All’ does not take a hit due to death or disability of the primary borrower. The family should inherit a home-not a loan,” CII Director-General Chandrajit Banerjee said.

Rajasthan’s healthcare scheme benefits over 120,000 people in 3 months

As per a statement, over 1.3 crore families have been registered in the cashless facility scheme so far, nearly 80 per cent of the state population. It was launched on May 1.

Under the scheme, citizens are offered cashless annual insurance cover of up to Rs 5 lakh for all citizens of Rajasthan for a premium as low as Rs 850 per family.

International

 Brexit may spur more deals in legacy general insurance policies

There are nearly $800 billion in closed books of non-life insurance globally, including $300 billion in Europe, according to PwC. Around $9 billion changed hands across 34 publicly announced deals globally in 2018, the consultants said in its first annual deals report

Typhoons Faxai, Hagibis, not likely to materially impact Japanese non-life insurers’ capitalisation

AM Best believes that the losses from Typhoon Hagibis will be largely driven by flood impact, rather than wind damage. Given the record breaking level of rainfall in some areas, as well as the relatively high population density surrounding Greater Tokyo, AM Best expects that the three mega-insurance groups’ gross losses from Typhoon Hagibis will be as significant as that from Typhoon Faxai, albeit possibly less severe than Typhoon Jebi in 2018.

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