Category

Harvard University invests in Litigation Finance Fund

International News       Jul 16, 2019

Harvard University is committing more capital to a strategy that backs plaintiffs in commercial disputes, delivering robust uncorrelated returns.   The strategy is run by IMF Bentham Ltd., a publicly traded company which last week finished raising $500 million for a fifth litigation fund that will...

WHO updates global guidance on medicines and diagnostic tests

Articles       Jul 16, 2019

  WHO’s Essential Medicines List and List of Essential Diagnostics are core guidance documents that help countries prioritize critical health products that should be widely available and affordable throughout health systems.   Published a couple of days back, the two lists focus on cancer and other global...

EU braces for No-Deal Brexit if Johnson becomes UK Prime Minister

International News       Jul 16, 2019

  London: The European Union is bracing for either a no-deal Brexit or another delay if Boris Johnson becomes Britain’s prime minister next week with a pledge to renegotiate a deal the bloc says it will not reopen. The three-year Brexit crisis could be about to...

Life insurers to refund premium in a yr old policy in case policyholder commits suicide:IRDAI

Indian News       Jul 15, 2019

  Hyderabad: Changing its existing regulations, with effective from Monday, the insurance regulator IRDAI has asked the domestic life insurers to refund the premium to a policy holder or pay the surrender value of his/her policies available in case of his/her death due to suicide within...

Harsh Vardhan releases National Digital Health Blueprint, seeks inputs from stakeholders

Indian News       Jul 15, 2019

  New Delhi: Union Health Minister Harsh Vardhan on july 15 released the National Digital Health Blueprint (NDHB), which aims to create a national digital health eco-system, in public domain and sought inputs from various stakeholders on its vision.   The NDHB focuses on providing an efficient...

Indian IT managers facing budget crunch for cybersecurity

Indian News       Jul 15, 2019

  Mumbai: Most Indian IT managers are struggling to respond to cybersecurity due to severe budget crunch, lack of expertise and up to date technology, a new survey said on Monday.   Over 80 per cent Indian IT managers said their organisation's cybersecurity budget - including people/technology...

Motor Vehicles (Amendment) Bill introduced in Lok Sabha

Indian News       Jul 15, 2019

  New Delhi: The government Monday again introduced a bill to amend the Motor Vehicles Act that provides for higher penalties for violations and protection of good samaritans, among other provisions.   Amid concerns raised by some members over certain provisions in the bill, Road Transport Minister...

Govt plans to tweak PMFBY; to make crop insurance voluntary to all farmers

Indian News       Jul 15, 2019

  New Delhi: Making crop insurance voluntary to all farmers, removal of high premium crops, giving flexibility to states to provide customised add on products -- are some of the key changes the Centre is planning to make to the Pradhan Mantri Fasal Bima Yojana (PMFBY),...

Vineet Arora MD & CEO, Aegon Life Insurance. 

Time for your first Term Plan

Articles       Jul 15, 2019

With youth comes a sense of carefree bliss accompanied by a short-termoutlook towards life. However, as we age and progress in life, we begin to absorb the significance of planning for the long-term, for a time when we have long gone.    Providing financial protection to...

Relaxing foreign-ownership laws will benefit Indian insurers:Fitch

Indian News       Jul 15, 2019

  Colombo: India's proposed removal of the foreign-ownership cap on insurance intermediaries is likely to increase competition, strengthen distribution capabilities to enhance insurance penetration and boost M&A in the medium to long term, said Fitch Ratings.   More international companies are likely to enter the fast-expanding Indian...