Eco/Invest/Demography

Insurers settle 70,000 Covid-19 claims for 700 crore, IRDA Chief

Indian News       Aug 14, 2020

  Chennai: In 20 days,between July 10-July 31,450,000 individuals were covered by the health insurers with their standardised health cover `Corona Kavach Policy' and narly 70,000 Covid-related claims worth Rs 700 crore were settled by insurance companies, the Insurance Regulatory and Development Authority of India (Irdai),said...

South Korean doctors strike over health plans as new coronavirus cases climb

International News       Aug 14, 2020

  SEOUL: About a quarter of South Korea’s medical clinics closed on Friday for a one-day strike in protest at government plans to train new doctors, as the country reported the highest number of domestic coronavirus cases since the end of March. The government plans to...

Google stops responding directly to data requests from Hong Kong government

Data       Aug 14, 2020

  Alphabet Inc’s Google said on Friday it would no longer provide data in response to requests from Hong Kong authorities following the enactment of a new national security law imposed by China. The U.S. tech giant had not produced any data since the sweeping new...

UK trials new COVID-19 smartphone app, includes Indian language versions

Facts       Aug 13, 2020

London:  The UK began trials of a new smartphone app on Thursday designed to track COVID-19 infections within the community, with versions also available in Indian languages such as Punjabi, Gujarati, Bangla and Urdu in order to reach ethnicities not well-versed in English. The new...

Digital and new business capabilities driving modernisation of life insurers: Novarica CIO Study

International News       Aug 13, 2020

  Philadelphia: In a new research report underwritten by Equisoft, Novarica presents the findings of an interview series conducted with mid- to large-size US life insurance carriers to identify the key drivers for policy administration system modernization projects, as well as the major factors that determine...

Amazon starts online drug sales in Bengaluru

International News       Aug 13, 2020

  BENGALURU: E-commerce giant Amazon.com Inc on Friday launched an online pharmacy,, in India to serve the city of Bengaluru,the latest move by the e-commerce giant to widen its reach in a key growth market. The service, Amazon Pharmacy, has begun and will soon offer deliveries...

NHA gives nod to integrate select Central Healthcare Scheme with Ayushman Bharat

Indian News       Aug 13, 2020

New Delhi: The governing board of National Health Authority (NHA) on Thursday approved the proposal for integration of certain healthcare schemes of Central Ministries and Public Sector Undertakings (PSUs) with Ayushman Bharat- Pradhan Mantri Jan Arogya Yojana (AB-PMJAY). In an official statement by NHA, it...

UK life insurers pay 90 million pounds in COVID-19 claims - trade body

International News       Aug 13, 2020

  LONDON:  British life insurers paid 90 million pounds in claims related to deaths from the COVID-19 pandemic in the three months to end-May, the Association of British Insurers (ABI) said on Thursday. Insurers received 7,000 life insurance claims from families of people who died from...

Business owners can sue insurer over coronavirus losses, US judge rule

International News       Aug 13, 2020

  Missouri: A federal judge in Missouri said on Wednesday a group of hair salons and restaurants can sue their insurance carrier for business interruption losses caused by the coronavirus pandemic, which they say caused a “direct physical loss” to their premises. The decision against Cincinnati...

India reports a record 66,999 Covid-19 cases and 942 deaths, Over 1.28 Cr PPEs, given to states,UTs by Centre for free

Indian News       Aug 13, 2020

New Delhi,  India has reported a record 66,999 Covid-19 cases on Thursday and 942 deaths in the last 24 hours.The Covid-19 tally in the country has risen to 23,96,638 including 6,53,622 active cases,16,95,982 discharged & 47,033 deaths: Ministry of Health. The total number of samples...

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