Indian

No multilateral protocol at present on international travel of Covid vaccinated people: Govt

Most countries require a negative COVID-19 test report, along with compliance with country specific COVID protocols, the minister stated.

”While there have been multilateral discussions, including under the framework of International Civil Aviation Organization (ICAO), regarding COVID-19 vaccination certificates, no multilateral arrangements in this regard have been reached so far.”

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.

International

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.

Brexit insolvency fears boost demand for trade credit insurance

“The demand for credit insurance is incredibly high,” said Graham Bristow, managing director in credit solutions for insurance broker Aon, one of the largest firms arranging such deals. “There is no doubt Brexit is one theme, people are nervous.”

Britain, European Union reach Brexit deal

Immediately complicating matters was Johnson’s Northern Irish government allies which didn’t waste a minute to say they could not back the outline deal because of provisions for the Irish border.

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