Indian

7,938 Janaushadhi centres functional across India: Mandaviya

”The product basket of Pradhan Mantri Bharatiya Janaushadhi Pariyojana (PMBJP) comprises 1,451 medicines and 204 surgicals & consumables covering all major therapeutic groups such as anti infectives, anti-allergic, anti-diabetics, cardiovascular, anti-cancers  gastro-intestinal medicines, nutraceuticals, etc,” he added.

Pandemic leaves Indians mired in massive medical debts

The pandemic has driven 32 million Indians out of the middle class, defined as those earning $10 to $20 a day, according to a Pew Research Center study published in March. It estimated the crisis has increased the number of India’s poor — those with incomes of $2 or less a day — by 75 million.

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International

Willis Towers Watson launches innovative risk advisory service 

John Merkovsky, Head of Risk and Analytics at Willis Towers Watson, added “’Today’s risk manager and CFO have only been able to view risk financing as individual transactions, compartmentalised by line of business. Connected Risk Intelligence is a combination of advanced modeling technology and our own optimisation expertise which will revolutionise the way organisations view risk management.

Global reinsurance market to see consolidation, product & service innovation:S&P

S&P Global Ratings believes that these factors will continue to push the sector to evolve, forcing market consolidation, product and service innovation, expansion of product offerings, and reimagining of the re/insurance value chain. Indeed the market may look different, but it could be a long time before the competitive landscape changes.

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