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Indian
GIC Re issues fiat for stricter underwriting and pricing to fix undercutting of Fire premium
``We are closely monitoring the evolving market dynamics and are...
Tighter anti-spam norms in a mth; TRAI pilot soon to onboard past user consents onto digital system
TRAI is in the process of operationalising system of separate 160...
Odisha CM declares unseasonal rain as natural calamity to provide relief to farmers
“Unseasonal rain was not on the list of natural calamities in the...
No cause of concern in India over China HMPV surge, says govt
As a precautionary measure, the government said the number of...
International
Nepal earthquake kills at least 128, toll could rise, officials say
Officials feared the death toll in Friday's quake could rise as...
Australian companies, directors face new liability for nature-based risks
Directors could be held personally liable for breaching their “duty...
Q3 InsurTech investment surpasses USD1 billion on P&C surge
With wealthy backers writing enormous checks, InsurTechs could...
Threat of haywire AI feeds calls for development pause, AXA Says
Artificial intelligence can provide lots of benefits of society,...
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Facts
UK households,locked down in April,cut debts by most on record
LONDON: British consumers cut their debts by the most on record and mortgage approvals slumped to a new low in April as the country spent the month in coronavirus lockdowns. Bank of England data published on Tuesday showed a net repayment of consumer credit of...
India”s COVID-19 recovery rate improving, fatality rate declining: Health Ministry
New Delhi: There has been a steady decline in India''s COVID-19 fatality rate which now stands at 2.83 per cent, much lower than in countries like the US, the UK, France and Italy, the Union Health Ministry said on Monday, even as India recorded...
Covid-19 has not changed in terms of transmissibility, severity: WHO expert
Geneva: There is no evidence that the novel coronavirus has changed both in terms of the transmissibility and the severity of the disease, said Maria Van Kerkhove, Covid-19 technical lead at the World Health Organization. The statement came in the wake...
India’s May jobless rate at 23.48% – private think-tank CMIE
NEW DELHI: India’s unemployment rate in May rose to 23.48%, marginally lower from 23.52% in April, according to data released by the Centre for Monitoring Indian Economy (CMIE) on Monday, reflecting the impact of coronavirus pandemic. ...
India asks internet service providers to block WeTransfer
NEW DELHI: India has ordered its internet service providers (ISPs) to block file-sharing website WeTransfer at a time when hundreds of millions of people are working from home because of a nationwide lockdown to stop the novel coronavirus. The order, dated May...
