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Indian

Indian scientists flag evasive virus mutations

“We are seeing some mutation coming up in some samples that could possibly evade immune responses,” said Shahid Jameel, chair of the scientific advisory group of INSACOG and a top Indian virologist. He did not say if the mutations have been seen in the Indian variant or any other strain.

“Unless you culture those viruses and test them in the lab, you can’t say for sure. At this point, there is no reason to believe that they are expanding or if they can be dangerous, but we flagged it so that we keep our eye on the ball,” he said.

Everything falls on my shoulders but can’t do it alone: Adar Poonawalla on vaccine pressure in India

On the charge of profiteering as the cost of Covishield was recently hiked, he termed it as “totally incorrect” and added that Covishield will still be “the most affordable vaccine on the planet” even at a higher price.

“We have done the best we can without cutting corners or doing anything wrong or profiteering. I’ll wait for history to judge,” he said.

“I’ve always had this sense of responsibility to India and the world because of the vaccines we were making, but never have we made a vaccine so needed in terms of saving lives,” he added.

International

Hackers already targeting Pyeongchang Olympics — researchers

McAfee said in a report that several organizations associated with the Olympics had received the malicious email with the primary target being groups affiliated with ice hockey.“The majority of these organizations (targeted) had some association with the Olympics, either in providing infrastructure or in a supporting role,” the McAfee report said.

Govt  may set up a unified financial regulator at GIFT IFSC

“Yes, the government is looking at having a single regulator for all the entities belonging to banking, capital markets and insurance industry located in the IFSC at GIFT City. At present, they are being regulated by regulators like SEBI, RBI and IRDAI. We are awaiting a nod from the government after individual regulators indicated that they are okay with the idea, Gujarat International Finance Tec-City (GIFT) MD Ajay Pandey said in Mumbai.

Jan 1 Renewals:Reinsurance Pricing ‘Orderly’ Despite Catastrophe Losses

Willis Re said, property renewals for U.S. markets at Jan.1 showed average rate increases of 5% to 10% for catastrophe loss-hit areas and rates ranging from flat to up 7% for loss-free areas, according to a renewals report from Willis Re, the reinsurance division of Willis Towers Watson. In the Caribbean property market, catastrophe loss-hit areas saw rate increases of 20% to 40%. Canada’s property reinsurance market saw rates rise 10% to 30% in catastrophe-hit areas.

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