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Indian
MHA orders continuation of Covid guidelines till June-end; asks states to focus on local curb strategy
In a fresh order, Union Home Secretary Ajay Bhalla said strict implementation of containment and other measures has led to a declining trend in the number of new and active cases, across states and union territories, barring some areas in the southern and northeastern regions.
According to the guidelines, the home ministry told the states to take necessary action to ensure sufficient oxygen-supported beds, ICU beds, ventilators, ambulances including creation of makeshift hospitals, oxygen, as needed, besides sufficient quarantine facilities.
Govt says new digital rules don’t violate privacy; seeks compliance report from social media cos
The new rules, announced on February 25, require large social media platforms to follow additional due diligence, including the appointment of chief compliance officer, nodal contact person and resident grievance officer. Non-compliance with rules would result in these social media companies losing their intermediary status that provides them exemptions and certain immunity from liabilities for any third-party information and data hosted by them. In other words, they could be liable for criminal action in case of complaints.
Black Fungus: Owing to costs of treatment, poor families stand helpless while Centre declares it notifiable disease
For diagnosis, a battery of costly tests like blood investigations, endoscopy, fungal staining and multiple radiology (MRI/CT) may be required. Similarly, treatment involves costly anti-fungal medicines and injections (which are in short supply) and tedious surgeries by a battery of surgeons — ENT, ophthalmologist, Faciomaxillory, neurosurgeon and reconstructive surgeon. Most of these can only be performed at multi-specialty tertiary care centers in major cities.”
WhatsApp case fuels fears over India’s new social media rules
International
Insurers brace for another round of catastrophe losses from Hurricane Florence
Significant obstacles remain in place for global reinsurnace trade: Global Reinsurance Forum
Hannover Re expects to see stability in prices & conditions in 2019
For the treaty renewals as at 1 January 2019 the group therefore expects – despite the overabundance of reinsurance capacity – stable prices and conditions for the most part. Similarly, an industry-wide softening in profitability as well as a higher burden of attritional losses point to a need for improved market conditions.
Insurance sector to embrace new market dynamics:Swiss Re
The Swiss Re Institute estimates the global size of the insurance market to be at USD 4.7 trillion. Roughly 2 billion people worldwide have no access to insurance, resulting in a very large protection gap. Therefore, a real potential for the re/insurance industry exists to support the global population
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