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GI Council to develop a tech platform auto-generating jobs seamlessly to surveyors for retail claims: IRDAI
The system should be developed in such a manner that whenever a...
No retail general insurance claims can be rejected for want of documents, have to be settled within 7 days of survey report: IRDAI
The insurer has to decide on the claim within seven days of receipt...
One million Indian doctors on strike to protest surgeries by traditional practitioners
“All non-essential consultations and surgeries from morning until evening on Friday were suspended, ” said Rajan Sharma, the head of IMA, adding that the strike would not affect treatment to COVID-19 patients.
India’s COVID-19 caseload rises to 97.96 lakh with 29,398 fresh infections
The number of people who have recuperated from the disease surged to 92,90,834 on Friday, pushing the national recovery rate to 94.84 per cent. The COVID-19 case fatality rate stands at 1.45 per cent.
The COVID-19 active caseload remained below 4 lakh for the fifth consecutive day.
There are 3,63,749 active coronavirus infections in the country which comprise 3.71 per cent of the total caseload, the data stated.
ICICI Pru Life Insurance Company’s AUM crosses Rs 2 trillion ,no NPAs since inception
It had an AUM of approximately Rs. 100 crore in FY 2001, which grew to about Rs. 50,000 crore in FY2010 and subsequently the company was the first in the insurance industry to achieve an AUM of Rs.1 lakh crore in February 2015.
N S Kannan, MD & CEO, ICICI Prudential Life Insurance said, “We are delighted to achieve this milestone of managing Rs. 2 lakh crore of assets. As one of the largest life insurance companies in the country it is our mission to protect and provide financial security to every Indian.”
ICICI Lombard launches new Health Insurance products
With the unlimited reset benefit, policyholders can reset up to 100% of the base sum insured unlimited times in a policy year for an un-related ailment. The Sum Insured Protector feature increases the sum insured every year as per the prevailing inflation rates thereby ensuring that customers are adequately covered due to rising prices.
LIC allows online switching of ULIPs, goes multilingual on call centre
LIC’s policyholders can now avail of its improved customer centric initiatives including online facility for switching of funds under ULIP policies has been introduced through LIC’s Customer Portal for policyholders registered for premier services, on policies on their own life and on the lives of their minor child/children with effect from Dec 07.
LIC’s PK Arora appointed as member, Actuary, IRDA
The post of member IRDAI had fallen vacant after Pournima Gupte, completed her five year tenure in Januray
Six actuaries including Gupte were interviewed by a high powered panel headed by the Cabinet Secretary Rajiv Gauba.
India readies for 600 million COVID vaccine jabs; to use standard cold storage – top government expert
“The four that I can see, including Serum, Bharat, Zydus, and Sputnik need normal cold chain. I see no problem for these vaccines,” ,V.K. Paul, who heads the group of experts on vaccine administration, told Reuters in an interview.
Serum Institute of India, the world’s largest vaccine maker, is already mass producing and stockpiling AstraZeneca’s Covishield shot, while Indian biotech players Bharat Biotech and Zydus Cadila are developing their own vaccine candidates.
India not responsible for climate change: Javadekar
“We are among the few countries who are Paris Agreement compliant i.e. our actions lead to maximum temperature rise of 2 degrees Celsius which is to be achieved by the year 2100. India is the only G20 country which is complying to the Paris Agreement,” Javadekar said.
Long, steady auto demand depends on economy, Covid situation: Maruti Suzuki
According to the Federation of Automobile Dealers Associations, passenger vehicle retail sales in November witnessed a year-on-year rise of 4.17 per cent to 2,91,001 units as Diwali-Dhanteras period led to rise in vehicle registrations, compared with 2,79,365 units in November 20
“The auto industry was expecting a large decline in consumer interest in terms of bookings and inquiries. Although there has been a decline, it is marginal and certainly not as much as the expectations or the fear that was in the industry,” Maruti Suzuki India Executive Director (Marketing and Sales) Shashank Srivastava told reporters in an interaction on Wednesday.
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India’s COVID-19 tally rises to 97.64 lakh with 31,521 fresh cases
The COVID-19 case fatality rate stands at 1.45 per cent.
The number of people who have recuperated from the disease surged to 92,53,306.
The active caseload remained below 4 lakh for the fourth consecutive day. There are 3,72,293 active coronavirus infections in the country which comprise 3.81 per cent of the total caseload, the data stated.