The combined capabilities of Global Insurance Brokers and Aon will...
Category:
Indian News
Latest
Panic grips north India as four earthquakes shake Nepal in an hour
Within an hour, more than 70 felt reports related to this...
Flash flood in Sikkim; 23 army personnel missing
The water level increased drastically overnight, affecting the Dam...
Gen Insurers settle Rs 11,899 crore of Crop claims
In the 2016-17 crop year, total claims to the tune of Rs 15,352 crore were paid to the farmers, he said.
To a query on drop in coverage under the PMFBY during 2017-18, the minister said this is mainly due to factors like the announcement of debt waiver scheme in Maharashtra and Uttar Pradesh, farmers’ perception of mitigated risk, duplication due to Aadhar, among others.
Around 10,000 jobs to be created under National Health Protection Scheme
Around one lakh Ayushman Mitras will be deployed at both private and government hospitals under the scheme to assist patients coming to health facilities to avail packages under the mission.The Health Ministry has signed a pact with the Skill Development Ministry for the recruitment of 1 lakh ‘Ayushman Mitras’.
Complaints against domestic air carriers swell to 7,200 in 20 months: Govt
Of the 7,251 complaints received by Civil AviationMinistry platform AirSewa from December 2016 to July this year, 2,233 pertained to flight delays and 1,753 were related to ticket fare and refunds, the data tabled in Parliament on August 2 said.
Data protection bill deterrent for businesses who wilfully do wrong, says Justice B Srikrishna
The proposed legislation contains a provision for the ‘Right to be Forgotten’, which is in line with European data privacy laws such as General Data Protection Regulation. While the draft bill does not insist on personal data of residents of India to be stored only in India, it has made an enabling provision where the government can notify categories of personal data as critical data, which would be only stored
in India.
1,991 kids; 20,000 prospective parents: Adoption scene in India
“At any given point of time, the number of prospective parents are ten times the number of children available for adoption,” said Srivastava, underlining that currently there are 20,000 prospective parents.”And that is the reason there is a two-year waiting period for prospective parents,” he added.
Industry ministry targets ease of doing biz at district level
The department has recommended reforms in areas including starting a business, urban local body services, land record enabler, property registration, obtaining approval for construction, paying taxes, and paperless courts and law and order.
Insurers to pay interest on delayed claim pay-out to farmers
“Those insurance companies which fail to clear claims of farmers for crop loss within two months, will have to repay with 12 per cent interest,” Union Agriculture Minister Radha Mohan Singh said. 10 crore farmers in the country have taken the cover of the PMFBY and five crore of them availed insurance benefits so far.
Social media communication hub policy withdrawn: Centre tells Supreme Court
Supreme Court lashed at the government over the hub and observed that it will be “like creating a surveillance state”. On August 24 last year, a nine-judge bench of the Apex Court declared that privacy is a constitutional right.
Fintech Payments market prone to cyber-attacks,City of London & PWC Report
According ther eport’s estimate,by 2020, around 720 billion transactions are projected to occur through the use of digital payment methods in the Indian market which will be largely driven by development of Unified Payment Interface technology
IRDAI to unveil stringent customer data protection regulations vis-a-vis Insurtech
`
The use of technology has an impact on product design and the efficiency of inclusive insurance delivery. However, it can pose certain risks.Data capture may pose several concerns and challenges, said IRDA’s Working Group’s report