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Indian

India logs 67,208 new COVID-19 cases, 2,330 deaths in last 24 hours

According to the Health Ministry, the national COVID-19 recovery rate has improved to 95.93 per cent. The recoveries continued to outnumber daily new cases for the 35th consecutive day. India witnessed 1,03,570 recoveries in the last 24 hours, taking the recovery tally to 2,84,91,670.

Govt extends validity of motor vehicle documents till Sept 30 due to Covid

The Ministry of Road Transport and Highways (MoRTH) said it has advised the enforcement authorities that the validity of fitness, permit (all types), licence, registration or any other concerned document(s) may be treated to be valid till September 30, 2021.

“This covers all documents whose validity has expired since Feb 1, 2020, or would expire by September 30, 2021. This will help out citizens in availing transport related services, while maintaining social distancing,” it said.

21.15 lakh domestic air passengers in May, 63 pc lower than April: DGCA

According to the Directorate General of Civil Aviation (DGCA), 78.22 lakh people travelled within the country by air in March.
The drop in domestic air traffic in May was due to the second wave of the COVID-19 pandemic that had badly hit the country and its aviation sector.

MHA operationalises national helpline, reporting platform for preventing cyber fraud

The helpline was soft launched on April 1, 2021. The helpline 155260 and its reporting platform has been made operational by the Indian Cyber Crime Coordination Centre (I4C) under the home ministry, with active support and cooperation from the Reserve Bank of India (RBI), all major banks, payment banks, wallets and online merchants.

International

Insurer Group warns on property losses due to Climate Change

The warning is the latest from the financial sector of the physical and financial risks posed by rising temperatures. While some investment strategists think climate change will offer opportunities, others warn of physical damage to commercial and residential real estate

63 InsurTech deals totalling $1.59 billion unveiled globally in Q4, 2018

Dr Andrew Johnston, Global Head of InsurTech at Willis Re, says: “Cyber is a multifaceted, ever-evolving phenomenon. The appropriate response to this is to task our industry with an equally multifaceted approach. Rather than trying to specialise and excel in each tenet required, InsurTechs offer our industry a huge opportunity through strategic commercial partnering to allow incumbent insurance firms the ability to become part of a broader, more resilient jigsaw puzzle.”

Association of British Insurers warns on no-deal Brexit hit

Britain’s government is considering different options, including possibly delaying Brexit, if parliament fails to approve Prime Minister Theresa May’s deal by March 12.
Evans said Britain’s insurers have transferred about 29 million insurance contracts and set up about 40 new hubs in the EU to minimise Brexit disruption to customers.

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