Indian
47 districts reported over 10 pc COVID-19 positivity rate for week ending July 15: Govt
PM Modi said the country stands at a point in its battle with the pandemic where apprehensions about a third wave are being continuously expressed. These states have accounted for 80 percent of new COVID-19 cases last week and 84 percent of deaths, he noted in his closing remarks, specifically mentioning the rise in infections in Kerala and Maharashtra as a matter of grave concern for the country.
DCGI examining Zydus Cadila’s COVID vaccine for children, says Dr VK Paul
The Centre in an affidavit told the Delhi High Court that pharmaceutical major Zydus Cadila’s COVID-19 vaccine may be available in the near future for children in the age group of 12 to 18 years. Zydus Cadila has concluded its trial for children between the age group of 12 to 18 and is subject to statutory permissions, the Centre added.
2 vaccine doses given to police personnel successful in preventing 95 pc Covid deaths: ICMR study
“We would like to reiterate that our vaccines are effective and hugely safe. Pregnant women and lactating women should receive it. Patients with cancer and diabetes are even more needy in this requirement and here is real life data to show vaccine effectiveness to prevent deaths is huge,” Paul said.
Vice prez stresses on importance of enforcing ”polluter pays” principle
“From panchayat to Parliament, all stakeholders must act proactively in protecting the environment,” Vice President M Venkaiah Naidu said.
Highlighting recent disasters such as the flash floods in Himachal Pradesh, landslides in Uttarakhand and heat waves in Canada and the United States, he said these are instances of increasing frequency of extreme weather events due to global warming and climate change.
He stressed on the need to act stringently with violators of pollution laws and consider strict enforcement of the ”polluter pays” principle, the statement said.
International
Insurers Pressured to Drop Coverage of Canada’s Oil Sands Pipeline
Self-insurance by the government for the expansion would cost taxpayers $1.1 billion, the groups said. Pressure is growing for financial companies to pull back from insuring and investing in polluting industries like coal and oil as part of an effort to combat climate change.The coalition sent a letter to 27 companies registered to insure the pipeline, including Munich Re, Talanx and Zurich Insurance Group AG, asking them to drop their coverage before Aug. 31, the deadline for Canada to renew its liability insurance.
Willis Towers Watson launches drone disruption action plan
Jago Harvard-Walls, Client Relationship Director and Transportation Lead in Asia, Willis Towers Watson, said “Drone-related incidents at airports may be a recent phenomenon, but they are expected to increase in frequency, complexity and severity as drones become larger and more powerful. Airports need to prepare for potential attacks through effective risk management and there are a number of steps that airports can take to prepare for these scenarios. This includes assessing, locating and understanding the type of drone that has infringed airspace, as well as reputation management.”
Munich Re launches automated damage detection for improved hurricane response and claims experience
Munich Re’s Remote Industries offers insurance companies the information they need to prioritize and steer claims adjuster resources, proactively reach out to affected policyholders and ultimately help mitigate losses. Remote Industries uses high-resolution aerial imagery and machine learning to help insurance companies predict potential property claims four days prior to an expected hurricane.
ILS market slow to return to normal
market declined year-on-year in the second quarter of 2019, with just below $1.7 billion of non-life ILS capacity issued through 11 cat bonds, down from $6.2 billion and $4.0 billion in Q2 2017 and 2018 respectively. That made the recent quarter the second-lowest second-quarter for issuance by volume in the past eight years, except for 2016.
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