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Acko gets $12-m funding from Amazon, others

Acko’s other investors include Accel Partners, SAIF Partners, Swiss Re Reinsurance Holding Company Ltd, Transamerica Ventures Fund as well as Venk Krishnan and Subba Rao from NuVentures.

New India Assurance looks to lower health-loss ratio to 95%

“We will be bringing down the health-loss ratio. This year (in FY19), it will come down to 95 from 103 per cent. To break-even, the ratio has to come down to 85 per cent, which will happen in the next one year later (FY20),” said G. Srinivasan,chairman and managing director, NIA

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