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Indian
Govt working on digitisation of healthcare services under ‘One Nation, One Health’: PM Modi
Prime Minister Narendra Modi PM Modi said the government focused on...
SBI Life Q4 net profit rises 26% to Rs 672 cr
SBI Life said it registered a growth of 39 per cent in the value of...
Bajaj Life insurance net plunges 80 % to Rs 48 crore in Q4FY2021-22
The life insurer's new business value (NBV), which is the metric...
ManipalCigna Health’s new product to provide cover to diabetes, obesity patients with 90 days waiting period
Prasun Sikdar, managing director and CEO, ManipalCigna Halth...
International
G20 agrees debt framework to help poor countries hit by COVID
Bank of England warns insurers risk unexpected COVID losses
“Our work has highlighted that a number of firms have not been able to accurately identify and track COVID exposed policies, leading to unexpected COVID losses,” the BoE said in a letter to insurers.
“Firms should ensure that this uncertainty is reflected in the reserve estimates and that, where possible, appropriate procedures are put in place to identify and track exposed policies.”
Vietnam braces for Typhoon Vamco, 53 dead in Philippines
Vietnam is prone to destructive storms and flooding due to its long coastline. Vamco will be the 13th storm that affects the Southeast Asian country this year, where more than 160 people have been killed in natural disasters triggered by a series of storms since early October.
“There has been no respite for more than eight million people living in central Vietnam,” said Nguyen Thi Xuan Thu, Vietnam Red Cross Society President. “Each time they start rebuilding their lives and livelihoods, they are pummelled by yet another storm.”
Goldman hires Barclays banker to ride insurance deal boom
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