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Take steps to reduce cost of COVID-19 treatment: Kerala HC to govt

by AIP Online Bureau | Apr 30, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  Kochi: Observing that the COVID-19 situation in Kerala is serious, the Kerala High Court on Friday directed the State government to take steps to cut the cost of treatment for the virus at private hospitals. The court gave this direction while considering a...

Suspension of scheduled international passenger flights extended till May 31 due to Covid-19: DGCA

by AIP Online Bureau | Apr 30, 2021 | Indian News, Non-Life, Regulation

NEW DELHI: The coronavirus-induced suspension of scheduled international passenger flights has been extended till May 31, aviation regulator DGCA said on Friday. "However, international scheduled flights may be allowed on selected routes by the competent...

AM Best places credit ratings of Singapore Re under review with developing implications

by AIP Online Bureau | Apr 30, 2021 | International News, Non-Life, Reinsurance, Risk Management

  Singapore AM Best has placed under review with developing implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Singapore Reinsurance Corporation Limited (Singapore Re) (Singapore). This...

India’s insurers face potential profitability and solvency margin pressures as health segment grows:AM BEST

by AIP Online Bureau | Apr 30, 2021 | Health, Indian News, Non-Life

  SINGAPORE: While India’s health insurance industry continues to be among the key drivers of the country’s non-life insurance growth, insurers’ underwriting results have not kept up with the expansion of the health business, which could lead to...

MHA directs states to ensure local containment measures in districts with high Covid caseload

by AIP Online Bureau | Apr 30, 2021 | Eco/Invest/Demography, Indian News

  New Delhi: The Centre directed the states and Union territories on Thursday to go for intensive and local containment measures in districts with a high number of COVID-19 cases to check the spread of the viral disease. The Ministry of Home Affairs (MHA),...

No restriction of Covid-19 info,Pvt vaccine manufacturers can’t decide on vaccine allocation to states, says SC

by AIP Online Bureau | Apr 30, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Policy

  New Delhi: There should be no clampdown on citizens seeking help on the presumption that they are raising false grievances on the internet, the Supreme Court said on Friday, terming the second wave of COVID-19 cases as a national crisis. "There should be...

Indian states run out of COVID-19 vaccines, nationwide inoculation delayed

by AIP Online Bureau | Apr 30, 2021 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Pandemic

  New Delhi: All vaccination centers in India's financial capital of Mumbai were shut for three days starting Friday due to a shortage of vaccines, said authorities, as the country posted another record daily rise in coronavirus cases. Delhi Chief...

Railway Ministry deploys 4,000 isolation coaches amid surge in COVID-19 cases

by AIP Online Bureau | Apr 30, 2021 | Uncategorized

  Contributing to the efforts in the fight against COVID-19, the Railway Ministry has deployed nearly 4,000 isolation coaches with almost 64,000 beds. Northern Railway PRO Kultar Singh said on Wednesday that Indian Railways is fully prepared to provide any kind...

IRDAI panel makes various suggestions on retail engineering insurance products

by AIP Online Bureau | Apr 29, 2021 | Eco/Invest/Demography, Indian News, Intermediaries, Non-Life, Regulation, Reinsurance, Risk Management

A working group set up by regulator IRDAI has underlined the need for standard insurance products to cover risks associated with various facets of retail engineering. The Insurance Regulatory and Development Authority of India (IRDA) had set up the working group in...

COVID-19: India records new daily high of 3,86,452 cases, 3,498 new fatalities

by AIP Online Bureau | Apr 29, 2021 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Pandemic

New Delhi: India saw 3,86,452 new coronavirus infections in a span of 24 hours, the highest single-day rise so far, pushing the total tally of COVID-19 cases to 1,87,62,976, while active cases crossed the 31-lakh mark, according to the Union Health Ministry data...
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