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IFSCA cancels license of Prowess Insurance Brokers
GIFT City based the IFSCA has cancelled the license granted to...
Over 34 crore patients provided consultation through eSanjeevani platform
Union Health Minister J P Nadda The eSanjeevani platform has been...
MCA Secy Rajesh Verma gets addl charge of DFS
The government has given Rajesh Verma, secretary, ministry of corporate affairs the additional charge of department of financial services(DFS) after Debasish Panda retired as the secretary, DFS on Monday. Panda has been heading the DFS since March 2020.
LIC revises annuity rates for Jeevan Akshay and New Jeevan Shanti
Life Insurance Corporation(LIC) has revised its annuity rates for Jeevan Akshay and New Jeevan Shanti with effect from 1st Feb 2022.The modified version of these plans with revised annuity rates shall be available for sale from 1st Feb .The annuity amount under both...
Mahindra Insurance Brokers and Tata 1mg form partnership for corporate wellness solutions
Mahindra Insurance Brokers (MIBL),announced its partnership with Tata 1mg, a healthcare company for providing corporate India with a holistic and complete wellness solution, offering customised health solutions for the wellbeing of corporate employees and their...
PNB MetLife to Plant 40,000 Trees
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...
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...