Allen Forlemu, Interim Regional Vice President, Asia Pacific,...
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AIC bags Asian Insurance Award as a tech pioneer
Mini George, executive director, AIC, is receiving 29th Asia...
Govt plans AI-based eKYC, global credential verification in DigiLocker
“DigiLocker serves as the trust layer connecting citizens,...
Thalassemia, haemophilia patients in Haryana to get Rs 3,000 monthly disability pension
Manohar Lal Khattar, Chief Minister,Haryana Last year, Haryana Chief Minister Manohar Lal Khattar announced to include thalassemia and haemophilia patients with an annual family income up to Rs 3 lakh under the ambit of the disability pension rules Chandigarh:...
PB Fintech’s first quarterly net profit at Rs 38.05 crore in Q3
Revenue from operations rose nearly 43 per cent to Rs 871 crore as proceeds from its insurance broker services more-than-doubled Mumbai: PB Fintech, the parent of online insurance aggregator Policybazaar, reported on Tuesday its first quarterly profit since listing,...
BAGIC net rises 3% to Rs 281 cr in Q3
Tapan Singhel , MD & CEO, Bajaj Allianz General Insurance The private sector insurer’s combined ratio increased to 102.9 per cent in 03 FY24 from 100.3 per cent in 03 FY23.Excluding the NATCAT impact. combined ratio for 03 FY24 stood at 99.5 per cent.BAGIC’s...
LIC’s $30 billion market rally gives IPO investors chance at redemption
Gains in India’s broader equity market have been a boon to LIC, also the country’s largest investor with funds of more than $100 billion. An improved outlook for its premium business and prospects of a higher dividend payout has also spurred interest in the shares,...
Bajaj Finserv acquires Vidal Health Insurance TPA
Vidal Health Insurance TPA Pvt Ltd (VHITPA), services premium of over Rs 5,000 crore, covering 130 million lives. The acquisition now enables Bajaj Finserv Health, a subsidiary of Bajaj Finserv of to offer OPD, wellness, as well as hospitalization benefits to...
Shriram General Insurance net up 51% to Rs117 crore in Q3
Anil Aggarwal, MD & CEO, Shriram General Insurance Company said, “This year, we had a focus shift towards increasing the gross written premium. The company is entering into newer areas like EV (electric vehicles) insurance and developing combo insurance plans. It...
Air India pilots’ unions flag concerns over duty timings; allege airline’s approach will compromise safety
In their joint letter, dated January 28, the unions also claimed the airline's approach to extend the Flight Duty Time Limitation (FDTL) for pilots amounts to ''compromising'' with safety of the pilots besides violating established regulations New Delhi: Air India...
Cold snap helps India’s wheat crop but warm weather forecasts pose risk
Although India's fertile plains have seen a chilly winter, a lack of snowfall in the mountainous regions has raised concerns of a sudden, abrupt rise in temperatures. Both minimum and maximum temperatures in northern and north-western states have started to rise, an...
Centre allows woman employees to nominate son daughter for family pension
Previously, family pension was granted to the spouse of a deceased government servant or pensioner, while other family members became eligible only after the spouse's ineligibility or demise, the statement said New Delhi: In a path-breaking decision with far-reaching...
Ayushman Bharat: 6.2 hospital admissions with 30.3 cr cards issued till Jan 17
National health accounts data also demonstrates a consistent decline in out-of-pocket health expenditure, from 62.6 per cent of total health expenditure (the) in FY15 to 47.1 per cent of the in FY20 New Delhi: The Finance Ministry on Monday said that the Central...