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Here is a masonry blog layout with no sidebarIRDA asks insurers to launch standard health insurance covers with no add-ons
SC holds Anil Ambani guilty in Ericsson’s contempt case, to be jailed if fails to pay Rs 453 cr
Jean-Paul Conoscente to succeed Victor Peignet as CEO of SCOR Global P&C
EU insurance watchdog seeks to avoid Brexit no-deal disruption
Indians grossly underprepared to face the financial instability caused by eventualities: Max Life Survey
Prashant Tripathy, Managing Director and CEO, Max Life Insurance said: “The survey reveals some interesting and startling findings about the state of protection in the country as well as the attitudes, behaviours and apprehensions that people have around life insurance. Term Insurance, despite being the most fundamental and cheapest form of financial protection, still lacks a significant uptake in urban India. There is an urgent need for Indians to understand the true value of protecting one’s family from the uncertainties of life. We hope the results of this study, act as a wake-up call for consumers and the industry at large and help increase financial protection in the country.”
Gen Re’s NOW App uses facial analytics to let consumers buy insurance in minutes
Talking about the launch of the prototype, Dr. Winfried Heinen, Chairman of the Executive Board of General Reinsurance AG said:“Gen Re understands the power of innovation and the launch of our NOW app is testament to our commitment to bringing the best ideas in the Insurtech space to our clients in order to develop insurance solutions that meet the expectations of today’s tech-savvy and time-pressed consumers.
NPCI identifies new type of digital banking frauds
The entire ecosystem including Banks & Fintech companies have to work collectively towards creating awareness and educating customers to refrain from sharing their account/card credentials, OTP/PIN and/or giving access to their mobile handsets to unscrupulous persons through such remote screen access apps.
Breather for startups: Govt raises investment cap for angel tax concession
“An entity shall be considered as startup if its turnover for any of the financial year, since its incorporation or registration, has not exceeded Rs 100 crore instead of the existing Rs 25 crore,” the official said.Besides, investments by listed companies with a net worth of Rs 100 crore or turnover of Rs 250 crore into an eligible startup shall be exempt from the section 56 (2) (viib) of the Income Tax Act, beyond the Rs 25 crore limit.
Single emergency helpline number ‘112’ aunched in 16 states, UTs
SBI Gen ties up with Policybazaar for selling travel insurance policies
The travel plan available on Policybazaar portal is designed to cater to a wide segment of consumers across all age groups, for travel duration up to 180 days.Drawing on the SBIG Insurances experience and robust network globally, the travel plan will offer a dedicated 24*7 helpdesk and toll-free numbers for availing assistance in US and Canada
How tech giants are safeguarding global data centres from cyber attacks
“While physical security is given utmost importance at data centres, it is critical for organisations to beef up their cybersecurity posture through regular vulnerability assessments and penetration testing to check their readiness to tackle cyber threats,” Sanjay Katkar, Joint Managing Director and Chief Technology Officer, Quick Heal Technologies Limited, told IANS.
SBI takes work-life balance to a new high cutting mechanical lives in the bud
The programme, christened Nayi Disha or the new path, focuses on work-life balance and also involves the staffs’ immediate family members, also giving them the ability to inform the bank if an employee is not able to leave work on time. Over 27 per cent of SBI staff are women and the average age has now come down to 43, he said.
FPIs turn net buyers in February, pour Rs 5,300 crore into equities so far
According to the latest data available with depositories, a net sum of Rs 5,322 crore has been pumped into equities during February 1-15. However, FPIs pulled out a net amount of Rs 248 crore from the bond market during the period.This has translated into a net investment of Rs 5,074 crore in the country’s capital markets (equity and debt together).
Once pariahs, tobacco giants like Philip Morris quietly return to Formula-1
Portal launched for real-time info on available depth on national waterways
AI to tackle UK insurance fraud and assess flood damage
California considers insurance to help with wildfire costs
The most populous state should follow the lead of Oregon, the World Bank and the Federal Emergency Management Agency after outspending its emergency fund in seven of the last 10 years, California Insurance Commissioner Ricardo Lara and Treasurer Fiona Ma said.California spent nearly $950 million two years ago, about $450 million more than was budgeted and by far the highest annual amount. It spent about $677 million last year, as wildfires again swept through cities, suburbs and more rural areas.
California has experienced 11 of the top 20 most destructive fires in its history since 2007.