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Bajaj Life insurance net plunges 80 % to Rs 48 crore in Q4FY2021-22

by AIP Online Bureau | Apr 28, 2022 | Indian News, Life

The life insurer’s new business value (NBV), which is the metric used to measure profitability of life insurance businesses, increased by 72 per cent to 621 crore in FY22 over Rs 361 crore in FY21 Mumbai: Bajaj Allianz Life’s ‘net profit in Q4 FY22...
ManipalCigna Health’s new product to provide cover to diabetes, obesity patients with 90 days waiting period

ManipalCigna Health’s new product to provide cover to diabetes, obesity patients with 90 days waiting period

by AIP Online Bureau | Apr 28, 2022 | Health, Indian News, Non-Life

Prasun Sikdar, managing director and CEO, ManipalCigna Halth Insurance The product offers cashless services even for OPD expenses, industry first feature `Switch Off’ that allows customers to switch off the cover while travelling abroad from second year onwards,...

Left opposes LIC IPO, alleges ‘scam’, ‘sell off’

by AIP Online Bureau | Apr 28, 2022 | Indian News, Life

Communist Party of India (CPI) general secretary D Raja said it was a “matter of regret” that the BJP-led NDA government is selling off all national assets through monetisation policy and privatisation of public sector units. He said it was a ”tragedy”...

Irdai proposes to standardise administration of group health insurance products

by AIP Online Bureau | Apr 28, 2022 | Health, Indian News, Non-Life, Regulation

”All risk factors per unit of coverage such as individual, family, group floater, etc, should be separately analysed and priced,” it said. Further, pricing should be based on sound actuarial principles, supporting data considering all the relevant aspects...

Most Indians keen to travel abroad in next six months: Survey

by AIP Online Bureau | Apr 28, 2022 | Eco/Invest/Demography, Facts, Workplace/Employee Benefits

In terms of destinations, the survey found that almost 50 per cent of Indians were considering travel to Asia Pacific destinations, with Australia, Thailand and Indonesia topping the chart as the most searched destinations As COVID-19 related international border...
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