Life

Insurers can't deny Carona covers to customers: IRDAI

Indian News       May 10, 2021

  Hyderabad: The insurance rgulator IRDAI has reminded the the insurers that they can't  deny, including renewals  carona specific covers to any customers,     Suresh Mathur, executive director, IRDAI, has written a letter to all insurers, on Monday, in this regard saying that the IRDAI is in...

Govt extends retirement age of LIC chairman from 60 to 62, Kumar to get an extension soon

Indian News       May 10, 2021

  New Delhi: Even as Life Insurance Corporation(LIC) is gearing up for a mega IPO during the current fiscal, MR Kumar, chairman,LIC, is set to get an extension of one or two years as government has extended the retirement age for the post from 60 to...

PILs to safeguard children orphaned due to COVID: HC seeks stand of Centre, Delhi govt

Facts       May 10, 2021

  New Delhi: Children orphaned due to COVID-19 should be protected and guarded against being trafficked till they are legally adopted, two PILs have urged the Delhi High Court, which sought the response of the Centre and the Delhi government on the issue on Monday. A...

India's daily COVID-19 deaths near record, calls for nationwide lockdown mount

Indian News       May 09, 2021

  New Delhi: India's COVID-19 deaths rose by more than 4,000 for a second consecutive day on Sunday as calls for a nationwide lockdown to curb the spread of the virus mounted. India's health ministry reported 4,092 fatalities over the past 24 hours, taking the overall...

Soumya Swaminathan, chief scientist,World Health Organization

Variant accelerating India's Covid-19 explosion: WHO top scientist

Indian News       May 09, 2021

  A Covid-19 variant spreading in India is more contagious and may be dodging vaccine protections, contributing to the country's explosive outbreak, the World Health Organization's chief scientist said Saturday. In an interview with AFP, Soumya Swaminathan warned that "the epidemiological features that we see in...

India logs over 4 lakh COVID-19 cases for 4th day in a row

Indian News       May 09, 2021

    New Delhi: With 4,03,738 new COVID-19 cases in last 24 hours, India continued to report more than four lakh daily coronavirus infections for the fourth day on the trot. With this, the cumulative national tally of the infection went up to 2,22,96,414, the union health...

BBB selects Mini and Pattanaik as MDs of LIC

Indian News       May 07, 2021

  Mumbai: The Banks Board Bureau, the head haunting agency for selecting Chairmen,CEOs and MDs of public sector banks and insurance companies,on Friday, has chosen Ipe Mini and B.C. Patnaik as managing directors of the Life Insurance Corporation which will have two vacancies of  MD in...

Life insurers'' new business premium up 45% at Rs 9,739 cr in Apr

Indian News       May 07, 2021

New Delhi: Life insurance companies logged nearly 45 per cent growth in their cumulative new business premium at Rs 9,738.79 crore in April 2021, Irdai data showed on Friday. All 24 life insurers had collected Rs 6,727.74 crore as new business premium during the same...

Surging India virus cases may derail recovery but ratings outlook stable-S&P

Indian News       May 07, 2021

S&P Global Ratings said on Friday its outlook on India's sovereign debt remained stable, even though surging COVID-19 cases could threaten the strong economic recovery it has seen so far. The rating agency, however, said the second wave should not hit the economy as hard...

Be prepared for third Covid wave, have buffer stock of oxygen: SC to Centre

Indian News       May 06, 2021

  New Delhi: The Supreme Court Thursday said the country needs to be prepared for the third wave of COVID-19 which experts say could be more harmful, especially for children, and emphasised upon the need to create buffer stock of oxygen. It asked the Centre not...

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