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Indian
Govt invites applications for IRDAI chairman post
Subhas Chandra Khuntia, 63 will be completing his three year term on May 7.
Applicants should have at least 30 years of work experience, should have worked as secretary to Government of India or its equivalent level in Government of India or State Governments or other institutions, and should have had a proven track record of leadership and authority in decision-making.
The applicant should have minimum of two years of residual service as on 7.5.2021, i.e., the applicant’s age should not exceed 63 years on said date.
New heads appointed for Kotak life and Kotak general insurance
Biden restricts travel to US from India
A variant strain of the virus, known as B.1.617, is also circulating in India, along with other variant strains, including B.1.1.7, first detected in the United Kingdom, and B.1.351, first detected in the Republic of South Africa.
“The CDC advises, based on work by public health and scientific experts, that these variants have characteristics of concern, which may make them more easily transmitted and have the potential for reduced protection afforded by some vaccines,” said the proclamation.
SBI General Insurance net profit rises 32 % to Rs544 cr in FY 20-21,Combined ratio at 99.8 %
“FY21 demanded special focus on the Health and SME lines, and we managed to maintain a balanced growth. We are also scaling up our product bouquet and adopting digital disruptions to offer instant insurance solutions even at distributor part, for the ease of customers,” said PC Kandpal, MD and CEO, SBI General Insurance
International
Overall risk professionals salary continues steady climb in US & Canada:RIMS Survey
Product recall risks growing, technology drives new triggers, warns Allianz
Asia continues to account for a disproportionate number of recalls in the US and Europe, due to historically weaker quality controls in some countries. Chinese manufactured products accounted for over three times as many recall cases in the US as US-made products, largely due to the increasing volume of manufacturing activity shifting to Asia.
Five yr lock in period for PE investment in Indian insurance companies:IRDAI
16 dead, 100 missing as cyclone hits India, Sri Lanka
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