Indian
Maharashtra to provide free & cashless health insurance cover to its people
Speaking to reporters after a Maharashtra Day event in Jalna on Friday, Tope said 85 per cent of the state’s population was covered under the Mahatma Jyotiba Phule Jan Arogya Yojana (MJPJAY) at present and the cover will be extended to the remining 15 per cent.A memorandum was signed to include government, semi-government employees and white ration card holders in the scheme in a bid to prevent private hospitals from overcharging patients, he said.
ICICI Lombard Gen net profit at Rs282 cr, up 24 %,in Q4Fy2020
“We have managed to book profit as we had taken a conscious call to not write crop business and also due to pricing improvements in segments like fire insurance.All business segments except retail health and motor insurance posted an underwriting profit for Q4.”
Combined ratio of the company stood at 100.4 per cent in FY2020 compared to 98.8 per cent in FY2019 primarily on account of long-term motor policies, change in product-mix and losses from catastrophic events. Combined ratio stood at 100.1 per cent in Q4 FY2020 compared to 99.0 per cent in Q4 FY2019.
Any combined ratio below 100 per cent means a general insurance company is making an underwriting profit.
Any combined ratio below 100 per cent means a general insurnace company is making an underwriting profit.
India extends nationwide lockdown,to allow relaxations in lower-risk zones
COVID-19 death toll rises to 1,074; cases 33,050,MHA allows stranded to return home
MHA guidelines for movement of stranded persons
-States/UTs to appoint nodal authorities and develop standard protocol for receiving and sending persons
-All stranded persons are to be registered with the sending and receiving states
-In case of inter-state movement of such persons, consult each other and mutually agree to the movement by road
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