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Here is a masonry blog layout with no sidebarTop 10% earners have 55% of India’s wealth: Report
Non-life insurers’ gross premium up 9% at Rs 10,012 cr in Nov
As of November 30, 2017, the New India Assurance Co Ltd has the highest market share in the non-life insurance market at 15.6 per cent, followed by National Insurance Company (11.17 per cent), United India Insurance (10.82 per cent), ICICI Lombard (8.81 per cent), Bajaj Allianz (6.22 per cent) and AIC (6.18 per cent)
Private bill in RS proposes health to be made a fundamental right
Foreign funds flock to Indian markets with over $30 bn inflows in 2017
IRDAI Panel suggests competitive returns for life insurance customers
Panel has suggested to “lower the mandatory proportion of ‘G-Secs’ in the Life Fund and the Pension and General Annuity Funds and allow for higher exposure in alternative higher yielding assets (like equity or property) or high rated corporate bonds” to help insurers generate a high gross return on investments so that insurance savings products can compare favourably in the financial savings space
Government to bear MDR charges on digital transactions up to Rs 2,000
The move will have an impact of Rs 2,512 crore on the exchequer.The minister said since such transactions account for sizable percentage of transaction volume, the decision will help move towards less-cash economy. Prasad further said digital transactions during April -September 2017 were valued at 2.18 lakh crore.This amount is estimated to be Rs 4.37 lakh crore for the whole of the current financial year.
Karnataka HC strikes down 85% pictorial warning rule for tobacco products
Strong earthquake rattles Indonesia’s Java island; 2 dead
Prudential Hong Kong introduces digital claims, AI platform
eClaims is Hong Kong’s pioneering electronic claims submission system that covers all types of individual hospital claims. It is a new self-service customer platform that enables customers to both submit their hospital claims electronically and get instant claims status updates, making insurance claims an easier and hassle-free experience.
Nearly 70% Indian firms might deploy AI before 2020: Intel
Vodafone and Aviva Life unveil mobility plan with life insurance
Life insurers need to focus on existing business for customer experience & profitability, Swiss Re
Govt Extends Deadline for Linking Aadhaar, PAN With Financial Services to March 31
New Delhi: The central government has extended the December 31 deadline for mandatory quoting of Aadhaar and PAN numbers for certain financial transactions like opening of a bank account till March 31, 2018. The new rule notified in the gazette modifies the...
IRDA extends time limit for reviewing IFRS 17 till 30th June, 2018
Government sets up NIC-CERT centre to detect, prevent cyber attacks
“This is establishment of an institution in India’s pursuit of safe and secure cyberspace. Any unusual movement on the NIC network, any attacks, intrusions will be detected and cleaned,” Prasad said.The government has already announced setting up of similar frameworks for the finance and power sectors, he added.
New India bags Rajasthan’s Rs 1200 cr Health Insurance Project
Increase social security pension in Budget 2018: Economists to Jaitley
Global insured average annual loss from catastrophes almost at USD 80 billion: AIR
Average annual insured losses and the metrics from the aggregate insured exceedance probability curve—for all regions and perils modeled by AIR—have increased since 2012. The rise reflects both the continued development of properties in at-risk areas as well as the growth in coverage of AIR’s modeled countries and perils