Closing the employment gap between men and women — a whopping 58...
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SBI General floats new health vertical, ties-up with Apollo 24×7
PC Kandpal, MD & CEO, SBI General PC Kandpal, MD & CEO, SBI...
IRDAI allows ‘Use and File’ procedure for all the health and most of general insurance products
The insurance industry is expected to use this opportunity for...
Global powers throw cash at spiralling coronavirus crisis
But while the main aim is to avoid deaths – currently at nearly 7,500 – global powers were also focussing their attention on how to limit the inevitably devastating economic impact.
Global stocks drop as investors shun risk on coronavirus fears
In Asia, MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.3%, led by a 4.9% fall in Australia while Japan’s Nikkei gained 1.6%.
British insurers suspend sale of Travel Insurance to new customers
“The ongoing global situation with coronavirus means there’s much greater likelihood of disruption to people’s travel plans, so we’ve decided to focus our attention on our existing customers,” Aviva said.
All private laboratories to offer Covid-19 diagnosis free of cost:ICMR
Coronavirus extended its footprint in India with Karnataka and Noida reporting two more cases each on Tuesday, taking the total count to 137. A 64-year-old patient died in Mumbai.
Investor wealth tumbles Rs 9.74 trillion in two days as markets plunge
“The Indian markets continued to plummet on Tuesday tracking weak global cues. The markets across the globe are witnessing high volatility and the recent stimulus measures have failed to assuage the investor fears.
“On the domestic front, the markets will continue to follow the global cues and therefore further downside cannot be ruled out in the near-term,” according to Ajit Mishra, VP – Research, Religare Broking Ltd.
IRDAI proposes to simplify norms on deductions in health policies
In the health insurance contracts, where there is a sub limit for room rent, in the event policyholder occupying a room with higher tariff, than the one that he is eligible, health insurance products, subject to product design, may stipulate recovery of proportionate deductions in respect of various associated medical expenses, said IRDAI.
Coronavirus: India could be next virus hotspot with an ‘avalanche’ of cases
Apart from its sheer size, India’s other challenge is the density of its population: 420 people live on each square kilometer (about 0.4 of a square mile), compared with 148 per square kilometer in China. Its cities are crammed with slums and low-income housing clusters where the living conditions are tight.
Most British companies don’t have insurance for Coronavirus closures: ABI
“Irrespective of whether or not the government orders closure of a business, the vast majority of firms won’t have purchased cover that will enable them to claim on their insurance to compensate for their business being closed by the coronavirus,” the trade body said.
‘Single biggest shock’: Aviation battles coronavirus cash crunch
European airlines have also stepped up calls for emergency government aid. Passenger traffic across the region slumped by more than half on average last week, and the situation will worsen as borders closed, trade body Airports Council International Europe said.
Most airlines may go bankrupt by May without govt action on Coronavirus
“As the impact of the coronavirus and multiple government travel reactions sweep through our world, many airlines have probably already been driven into technical bankruptcy, or are at least substantially in breach of debt covenants,” said global aviation consultancy firm CAPA