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RBI issues guidelines to allow payments among mobile wallets
Skyline Partners get funding, to launch weather insurance products in India soon
“Set to launch a pilot in Q2 2019, Skyline Partners’ inaugural weather insurance product will provide affordable protection to the agricultural industry in India. We have spent the last year developing the technology-enabled insurance solution to give the underinsured an economical and reliable way to secure their sustainability,’’said Sabatié.
General insurers grow by 13 % to Rs 81,873 cr in H1 FY 2018-19
The month of September has seen the New India Assurance(NIA), the leader in the industry,at Rs 2450 crore, recording no growth at all and National Insurance Company(Rs 893 crore) and Bajaj Allianz General Insurance (839 crore) and Cholamandalam General Insurance(Rs 309 rore) recording a negative growth of 29 per cent, 40 per cent ,and 26 per cent respectively.
Symbo India Insurance Broking launches Marathon Insurance
The comprehensive Marathon Insurance product covers accident and medical emergency during the event. The policy also offers runners cover in case of event cancellation by an organizer or if the participant cannot run due to health issues, accident or bereavement, along with a flight cancellation or loss of checked in baggage during transit. The expected claims settlement period is ten days
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