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Here is a masonry blog layout with no sidebarModicare to be ready for launch by July end, to get Rs 10k funding from centre
Aadhaar robust, nationally on-line verifiable ID: UIDAI to SC
65% claims for waterborne diseases made for children and millennials :SBI Gen Study
Lloyd’s announces an aggregated market loss of £2bn for 2017
Over 12,000 cases related to cyber crime registered in 2016: Govt
SC questions aggregation of personal data under Aadhaar scheme
Max Financial to raise Rs 5,000 cr to fund acquisitions of life insurance arm
Largest union of PSU general insurance industry demands merger of all four cos
General Insurance Employees’ All India Association(GIEAIA), the biggest trade union of general insurance employees, formed in 1971,, had met G. Srinivasan, chairman, GIPSA(Association of Public Sector Insurance Companies) in New Delhi on Wednesday, to press for its demands that instead of merging three companies, government should merge all four companies and should form one single monolithic corporation in line with the Life Insurance Corporation(LIC)..
Cabinet approves Modicare,provides a budgetary support of Rs160 billion for 2018-19 and 2019-20
“Benefits of the scheme are portable across the country and a beneficiary covered under the scheme will be allowed to take cashless benefits from any public or private empanelled hospitals across the country.To ensure that nobody is left out (especially women, children and elderly) there will be no cap on family size and age in the scheme,”said the govt statement
Self-driving Uber kills US woman in first fatal crash involving pedestrian
UBER said it was suspending North American tests of its self-driving vehicles, which are currently going on in Arizona, Pittsburgh and Toronto.“This tragic accident underscores why we need to be exceptionally cautious when testing and deploying autonomous vehicle technologies on public roads,” said Democratic Senator Edward Markey, a member of the transportation committee, in a statement.
IRDAI to move to Supreme Court against SAT order against Joseph
“We are filing our appeal by this weekend in the SC after looking into the SAT order. The whole SAT judgment is appears to be a `hasty decision, prejudiced and biased ‘’and has been delivered without giving a fair chance to IRDA and its member Joseph. We are sure it won’t stand to the SC’s scrutiny ,’’ said a senior official the IRDAI
IRDAI suspends E-Meditek Insurance TPA’s license without notice
The violations observed in the inspection of the IRDAI against the E-Meditek TPA are of such serious nature that it is detrimental to the interests of policy holders and the insurers and allowing E-Meditek to continue their activities as TPA shall have adverse impact on the policyholders and insurers, said IRDAI order.signed by the IRDAI member(Non-lIfe) PJ Joseph
New India Assurance launches global mediclaim policy
New India Assurance (NIA) launched a global mediclaim policy to cover treatments like cancer, neuro-surgery, heart surgery, organ transplant and bone marrow transplant in hospitals only outside India. For this, the insurer had tied up with 99 hospitals worldwide including Cedar-Sinai Medical center, John Hopkins and King’s College hospital
“International reinsurers have taken a cautious stance & we have not seen an increase in competition in an already competitive Indian market”
French major SCOR has set up its reinsurance branch in India. Outlining the company’s Indian strategies, in an exclusive interview with Asia Insurance Post, he says, this is an exciting time for (re)insurers in Asia and in India in particular, with rapidly expanding markets and an extremely dynamic environment.We expect the P&C Indian insurance and reinsurance markets to continue growing at a pace of 15 pc per annum in the medium to long term. Edited Excerpts
Allianz expands entertainment insurance to Asia with Singapore launch
India: only 33% of women pay attention to their health, ICICI Lombard survey
According to the study conducted by the company, 68% of women in metros feel that any physical activity/exercise is important in order to stay healthy. However, only 33% of women pay attention to their health, with women in metros having a major share. The survey sums up the high importance of physical activities amongst women and how there is a lack of awareness around the consequences.
67 per cent Indian businesses hit by ransomware, 38 per cent twice: Sophos
Irdai asks insurers not reject claims on grounds of genetic disorder
Observing that the availing of health insurance was an integral part of the Right to Health and healthcare under the Constitution, Justice Pratibha Maninder Singh had held that the clause in the insurance policy excluding a person with “genetic disorder” from availing its benefit was “discriminatory” and contrary to public policy.