by AIP Online Bureau | Dec 9, 2021 | Briefs
ICICI Lombard policyholders can now avail cashless OPD solutions at their neighborhood clinic, pharmacy or diagnostic centre through MedPay’s Connected Care Network (Medpay CCN).Additionally, through this partnership, stand-alone pharmacies will also be a part of the...
by AIP Online Bureau | Dec 9, 2021 | Briefs
Paytm Payments Bank Limited today announced that it has been included in the Second Schedule to the Reserve Bank of India Act, 1934. Being a Scheduled Payments Bank, Paytm Payments Bank can now explore new business opportunities. The bank can participate in government...
by AIP Online Bureau | Dec 9, 2021 | International News, Non-Life, Reinsurance
Motor insurance, which accounted for 63% of non-life direct premiums in 2019, decreased significantly to 54% as of September 2021. With the combined impact of the economic fallout from the COVID-19 pandemic during the first half of 2020, and the implementation of the...
by AIP Online Bureau | Dec 9, 2021 | International News, Non-Life, Reinsurance
“Unfavorable loss cost trends and high catastrophe activity continue to dampen returns on capital, which should keep the industry focused on the need to push for more rate increases,” said Greg Dickerson, associate director AM Best has maintained its market segment...
by AIP Online Bureau | Dec 9, 2021 | Briefs
Federal Bank has joined hands with India’s first standalone health insurance Company, Star Health and Allied Insurance Co Ltd as a corporate agent to provide a wide range of innovative health insurance products for the Bank’s 8.90 million customers spread over 1,291...
