Sandip Goenka, chief executive officer, Acko Life Sandip,with two...
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Jude Gomes appointed as MD & CEO of Ageas Federal Life Insurance
Jude Gomes, managing director & Chief Executive Officer, Ageas...
LIC launches single premium group micro term insurance plan
Life Insurance Corporation of India has introduced Single Premium...
Standard Life’s stake in HDFC Life to come down to 3.89 pc
The number of shares offloaded by Standard Life represented approximately 4.99 per cent of the total issued and paid-up equity capital of HDFC Life.
As per BSE bulk deal data, the shares sold were worth over Rs 6,783 crore.
COVID-19 in children often asymptomatic, 2pc-3 pc infected kids may require hospitalisation: VK Paul
Dr Randeep Guleria, Director of All India Institute of Medical Sciences (AIIMS) New Delhi has said that there is no data, either from India or globally, to show that children will be seriously infected in subsequent waves.
LIC’s mega IPO gains momentum, Govt notifies amendments in LIC Act
According to one of the 27 proposed amendments, the central government will hold at least 75 per cent in LIC for the first five years post the IPO, and subsequently hold at least 51 per cent at all times after five years of the listing.
But from today, the policy holders will get 90 per cent of surplus generated by the corporation while the rest as dividends will go to the government and other shareholders who will be investing in the LIC through its Initial Public Offering(IPO).
India asks EU member states to consider Covishield, Covaxin vaccines under Green Pass scheme
India has requested the EU member nations to accept the vaccination certificate issued through the CoWIN portal.
The European Union”s Digital COVID certificate or “Green Pass” will be rolled out on Thursday with an aim to facilitate free movement during the COVID-19 pandemic is to come into effect on Thursday.
GIC Re’s net profit rises 5 % to Rs 1260 crore, cuts gross premium 4% to Rs 8813 crore in Q4 Fy 21
With a combined ratio of 103.9 per cent(107.6 per cent), GIC Re’s underwriting loss has gone up by 15 per cent y-o-y to Rs 535 crore during the fourth quarter of Fy 2021.
The net investment income of the reinsurer has increased by 20 per cent y-o-y to R 2286 crore in the foutth quater of Fy 2021.For the whole of FY 2021,
Oxford study says mixing COVID-19 vaccines gives good protection
Professor Snape said these results are an invaluable guide to the use of mixed dose schedules, but the interval of four weeks studied here is shorter than the eight to 12-week schedule most commonly used for the Oxford-AstraZeneca vaccine.
India’s vaccine shortage eases as inoculations outpace new registrations
Nearly half or 49% of the 60 and above population has been vaccinated with the first dose of Covid-19 vaccine. The percentage is 42% for those between 45 to 59 and 15% for those between 18-44 years. Total vaccine doses administered so far crossed the 33 crore mark on Tuesday.
AIA Group picks up 24.99% stake in China Post Life Insurance
Lee Yuan Siong, AIA’s Group Chief Executive and President, said: “The Chinese insurance market is already the second-largest in the world with immense long-term growth opportunities given the protection gap of more than US$40 trillion6. This unique investment in China Post Life enables AIA to capture additional areas of growth and benefit from the substantial potential for value creation.
India records 46,148 new COVID-19 cases, 979 deaths
Around 32.36 crore vaccine doses have been administered so far under the country’s vaccination drive. India has achieved another milestone in COVID-19 vaccination and overtaken the USA in the total number of Covid Vaccine doses administered.
Allow life insurers to play bigger role in healthcare ecosystem, Deepak Parekh urges Irdai
‘While we continue to invest to enhance our technological capabilities, I feel that the time is right for the regulator (Irdai) to allow life insurers in India to evolve further and be the disruptor rather than the disrupted,’ HDFC Life Chairman Deepak S Parekh said.