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Indian
India asks EU member states to consider Covishield, Covaxin vaccines under Green Pass scheme
India has requested the EU member nations to accept the vaccination certificate issued through the CoWIN portal.
The European Union”s Digital COVID certificate or “Green Pass” will be rolled out on Thursday with an aim to facilitate free movement during the COVID-19 pandemic is to come into effect on Thursday.
IFFCO Tokio Gen Insurance to launch AI powered cattle digital identity for cattle insurance
One of the biggest issues faced by cattle insurance companies is the accurate identification of cattle and the processing time involved. The artificial intelligence-driven mobile application of Dvara E-Dairy captures muzzle images with the mobile phone, compares the cattle’s unique digital identity stored in a secured cloud server and retrieves the results at the click of a button in less than 60 seconds
GIC Re shares climb nearly 4 pc after earnings announcement
SC directs NDMA to issue norms for financial help to kin of Covid victims
A special bench of Justices Ashok Bhushan and M R Shah said that the court cannot direct the Centre to fix a particular amount of financial help but the government can fix the minimum standard of amount to be paid as ex-gratia to family members of those who lost their lives due to COVID-19 while keeping various aspects in mind.
The top court asked the Centre to consider formulating an insurance scheme for cremation workers as proposed by the Finance Commission.
It also directs the authorities to issue appropriate guidelines for simplification of process of issuance of death certificates for Covid fatalities.
International
InsurTech investment hits records in Q1, 2019; pricing tools in the spotlight:Willis Towers Watson
85 deals with a total value of $1.42 billion were announced in Q1, 2019, marking the third-straight quarter to deliver more than $1 billion in funding. Deal count increased by 35% over Q4, 2018, although total funding decreased by 11%. Some 54% of deals were outside the US, marking a continuing trend. Deal count in the UK increased by 50%, and in the US by 44%. However, deal count in China fell by 38% this quarter
Project Owl Wi-Fi Network for Natural Disaster Connections Wins IBM-Backed Contest
They have designed tiny electronic nodes inside baseball-sized rubber casings that create a special Wi-Fi network spanning more than 100 square miles that can be used to connect victims and first responders. It’s a simple and relatively cheap concept, but during a natural disaster when cell towers topple, technology fails and entire communities fall into darkness – communication can be the difference between life and death.
WHO welcomes Industry action to align with global trans fat elimination targets
Trans fat intake is responsible for over 500,000 deaths from coronary heart disease each year globally.
WHO Director-General Dr Tedros Adhanom Ghebreyesus met with IFBA representatives, including chief executive officers from several of the 12 companies comprising the alliance, on 2 May 2019 to discuss actions to take to eliminate industrial trans fats, and reduce salt, sugar and saturated fats in processed foods.
J&J agrees to pay about $1 billion to resolve hip implant lawsuits: Report
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