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HDFC Life announces a bonus of Rs 2180 cr for its 15.49 lakh participating plans in FY 2021

by AIP Online Bureau | Jun 23, 2021 | Indian News, Life

  Mumbai: HDFC Life, the second largest private sector life insurer,on Wednesday, announced a bonus of Rs 2180 cr. on its participating plans for FY 2021.The amount exceeds the previous year’s bonus by 44 per cent. 15.49 lakh policyholders of...

 Mongolia,Bahrain and Seychelles battling a surge in Covid-19 infections despite administering Chinese vaccine

by AIP Online Bureau | Jun 23, 2021 | Eco/Invest/Demography, Health, International News, Pandemic

  NEW YORK: Mongolia promised its people a "Covid-free summer". Bahrain said there would be a return to normal life. The tiny island nation of the Seychelles aimed to jump-start its economy. All three put their faith, at least in part, in easily...

SC reserves verdict on Rs 4 lakh ex-gratia compensation to kin of COVID-19 deceased

by AIP Online Bureau | Jun 23, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Policy

  New Delhi: The Supreme Court Monday reserved verdict on the pleas seeking directions that ex-gratia compensation of Rs 4 lakh be paid to the families of those who have died of COVID-19. A special vacation bench comprising Justices Ashok Bhushan and M R Shah...

‘If there is any fatality, we will hold state govt responsible’, SC tells AP

by AIP Online Bureau | Jun 23, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

New Delhi: “If there is any fatality, we will hold the state responsible,” the Supreme Court told the Andhra Pradesh government on Tuesday on being informed of its decision to hold Class 12 board examination. A bench of Justices A M Khanwilkar and Dinesh...

Swiss Re sells 6.6% in Phoenix for $610 mlnmillion

by AIP Online Bureau | Jun 23, 2021 | International News, Reinsurance

  Zurich: Swiss Re announced today that it has reduced its shareholding in Phoenix Group Holdings plc, acquired in the sale of ReAssure in 2020, by selling an approximately 6.6% stake for GBP 437 million through an accelerated bookbuilding process.  The sale...
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