As part of its commitment to reduce carbon emission and Glow Green,’, PNB MetLife, one of India's leading private life insurance companies, has launched Glow Green, an initiative that aims to plant and nurture 40,000 trees in the next three years in eco-sensitive...
Briefs
Hero Insurance Broking launches digitalised Employee Benefits offering for corporates
Hero Insurance Broking today announced the launch of its Employee Benefits Line of Business. It will provide customised insurance solutions to secure health and life of employees, at medium and large-sized corporates. Shefali Munjal, Executive Director, Hero...
RS Filmcraft infuses Rs 5 cr in Go Digit General Insurance
RS Filmcraft (OPC) has invested Rs 50 million in Go Digit General Insurance, the insurer said in a release. Bengaluru-headquartered Go Digit has raised funding amounting to around Rs 990 crore from its parent company Go Digit Infoworks Services Pvt Ltd, backed by...
Aon appoints Angela James from Willis as Chief Broking officer, UK
Aon plc today announced that it has appointed Angela James as Chief Broking Officer for Commercial Risk in the UK. James will join the business in June 2022 and report to James Baum, Head of Commercial Risk, UK. In the newly created role, which will cover Commercial...
TN Helicopter Crash:ICICI Lombard settles Rs 1 crore PA claim of Lt Colonel Singh
ICICI Lombard General Insurance has settled the personal accident claim of Lt. Colonel Harjinder Singh who died in Mi-17 V5 helicopter crash in Tamil Nadu’s Coonoor. He had a salary account with ICICI bank which has a tie up with ICICI Lombard General Insurance for...
LIC gets RBI approval to raise holding in IndusInd Bank to 9.99%
The country's largest insurer Life Insurance Corporation of India (LIC) has got approval from the Reserve Bank of India (RBI) to raise its holding in private lender IndusInd Bank to 9.99 per cent from the existing 4.95 per cent. The central bank's approval is valid...
International flights suspended till Jan 31 over Omicron scare
Amid the alarm over the new Omicron variant of coronavirus. scheduled international flights will remain suspended till January 31 of the next year. However, the circular issued by the Directorate General of Civil Aviation on Thursday has clarified that this...
Kotak General Insurance partners Vasai Vikas Sahakari Bank to offer insurance solutions
Kotak Mahindra General Insurance Company Limited (Kotak General Insurance) and Vasai Vikas Sahakari Bank Ltd. (Scheduled Bank) today announced a strategic alliance to provide the bank’s customers access to a range of insurance solutions. Under this agreement, Vasai...
ICICI Lombard-MedPay Connected Care Network for cashless OPD service
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...
Paytm Payments Bank receives Scheduled Bank status from RBI
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...