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PNB MetLife announces Rs 594 crore bonus for 4.95 lakh policyholders

by AIP Online Bureau | Jul 16, 2022 | Briefs, Indian News, Life

PNB MetLife India Insurance Company (PNB MetLife) has announced a 12% higher bonus of Rs 594 crore for 4.95 lakh policyholders of participating products for FY22. Ashish Kumar Srivastava, MD & CEO, PNB MetLife, said, “This is the highest bonus that we have ever...
Centre declared Assam floods as ‘severe natural calamity’, providing funds for relief: Himanta

Centre declared Assam floods as ‘severe natural calamity’, providing funds for relief: Himanta

by AIP Online Bureau | Jul 16, 2022 | Disaster & Management, Eco/Invest/Demography, Indian News

Assam has witnessed two waves of floods since April 6, with the second having been devastating, affecting 90 lakh people or one-third of the state’s population, while 195 people have lost their lives and 37 people are still missing Guwahati: Centre has declared...

CCI approves acquisition of Ageas Federal Life Insurance by Ageas Insurance

by AIP Online Bureau | Jul 16, 2022 | Indian News, Life, Regulation

The proposed combination pertains to the acquisition of further shareholding in Ageas Federal Life Insurance Company Limited (AFLI) by Ageas Insurance International NV (Acquirer), CCI said in a statement New Delhi: The Competition Commission of India (CCI) on Friday...
Labour codes’ implementation at appropriate time: Bhupender Yadav

Labour codes’ implementation at appropriate time: Bhupender Yadav

by AIP Online Bureau | Jul 16, 2022 | Eco/Invest/Demography, Indian News, Non-Life, Pension & Social Security, Regulation

Union Labour Minister Bhupender Yadav The new laws are in tune with the changing labour market trends and at the same time accommodate the minimum wage requirement and welfare needs of the unorganised sector workers, including the self-employed and migrant workers,...

Emergence of new COVID variants a risk to global economic outlook: Moody’s

by AIP Online Bureau | Jul 16, 2022 | Health, International News, Pandemic

The study found the variant is four times more resistant to messenger RNA vaccines than earlier strains of Omicron, which include Pfizer and Moderna Covid-19 vaccines, Xinhua news agency reported Unvaccinated people have about a five times higher chance of contracting...
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