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Here is a masonry blog layout with no sidebarHC rejects plea against LIC move to acquire 51% stake in IDBI
Justice Vibhu Bakhru rejected the petition by the All India IDBI Officers Association, which had opposed the move of Life Insurance Corporation (LIC) on the ground that change in shareholding could take away the public sector bank status of IDBI. The association was concerned that taking away public sector status of IDBI could affect the employment conditions of its staff
HDFC Int Life & Re assigned “BBB” rating with stable outlook by S&P
Novartis may team with Reinsurers to cut Drug Costs, FT Reports
Over 4,000 AI job roles vacant on talent shortage: Report
Your digital life may be up for sale for just Rs 3,500: Kaspersky Lab
Cabinet moves to get legal backing, allow Aadhaar for phone numbers, banks
Govt notifies rule change, allows phone calls and internet on flights
BoB-Dena-Vijaya Bank merger unwarranted, will lead to job cuts: AIBEA
‘Hot money’ evaporates from Indian capital markets in 2018, outflow nears Rs 1 lakh cr
Govt panel on e-gov services for rural India to submit report in a month
Govt to launch broadband readiness index of states: Telecom Secy
“According to a study by ICRIER (a research firm), $100 billion investment will have seven-fold multiplier effect on GDP. There is a need of a national mission to make this happen. We are going to launch broadband readiness index for states which will be vital for investments,” Telecom Secretary Aruna Sundararajan told PTI.
Life insurance vs Health insurance
IRDAI Board to meet on Dec 21, may allow new players
Govt forms panel under BBB to select MD for PSU insurance firms
AIG arranges first CLO Deal since financial crisis
J&J begins settling Pinnacle Hip Implant defect claims
Revised Reinsurance Norms:Order of Preference, GIC Re’s ` first right to refusal’ retained, ART relaunched
Among other new significant decisions, the revised reinsurance guidelines approved by the IRDAI board almost three months back but gazetted on Wednesday, however removed the `Order of preference’ for the life reinsurance business, put a cap on how much a cross boarder reinsurer can do business with a nonlife insurer in a specific portfolio, lays out detailed guidelines for the reinsurers on how to do their reinsurance business(, termed as retrocession) with their board approvals, relaunching the banned alternative risk transfer business (ART)
Global Claims: APAC accounts for 17 % of total value, fires & explosions cause largest losses for business: Allianz
“The report highlights the increasingly high values at risk for businesses and their insurers alike,” says Philipp Cremer, Global Head of Claims, AGCS. “In today’s interconnected and globalized business environment, financial losses are increasing due to geographical concentration of values – often in risk-exposed areas – and from the knock-on effects of global supply chains and networks. Looking to the future, new technologies bring business benefits but also risks and claims. However, they also provide an opportunity to prevent and mitigate losses and improve the claims settlement process for our customers.”