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GIC Re’s Madhulika Bhaskar appointed as acting CMD of New India Assurance

GIC Re’s Madhulika Bhaskar appointed as acting CMD of New India Assurance

by AIP Online Bureau | Mar 22, 2022 | Indian News, Non-Life, Reinsurance

Madhulika Bhaskar Unlike the old practice, where normally two general managers of a PSU general insurance company, where the vacancy is occurring, are given charge as an interim arrangement till a regular CMD is appointed, this is for the first time, a general manager...

Star Health launches exclusive cover for people above 50 years

by AIP Online Bureau | Mar 22, 2022 | Health, Indian News, Non-Life

The Star Health Premier Insurance Policy offers benefits such as Home Care Treatment for specified conditions (up to 10% of the sum insured subject to a maximum of Rs.5 lakhs), cover for inpatient hospitalization expenses and day care treatments under Ayush Treatment,...

SUD Life, Vakrangee join hands to sell insurance policies in smaller towns

by AIP Online Bureau | Mar 22, 2022 | Briefs, Intermediaries, Life

Star Union Dai-ichi Life Insurance (SUD Life) will tap customers living in smaller towns and rural areas through a partnership with Vakrangee.SUD Life is a joint venture between Bank of India, Union Bank of India, and Dai-ichi Life Japan. ”With the help of...

GKB Opticals ties up with Toffee Insurance for eyewear-cover

by AIP Online Bureau | Mar 22, 2022 | Briefs, Non-Life

GKB Opticals, India’s oldest and largest retailer of optical products, has partnered with Toffee Insurance to provide innovative vision and eyewear-related insurance solutions for its customers. Insurance solutions will include eyewear theft and damage, and also...

Parliamentary panel for framing price control regime for COVID medicines, medical devices

by AIP Online Bureau | Mar 22, 2022 | Health, Indian News, Pandemic, Policy, Regulation

”The Committee recommend that all medical devices critical to COVID-19 treatment like ventilators, oxygen concentrators etc. should be covered under the National List of Essential Medicines for effective price control,” the report said New Delhi:...
New Zealand enacts a new law to modernise natural hazard insurance

New Zealand enacts a new law to modernise natural hazard insurance

by AIP Online Bureau | Mar 22, 2022 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance

The Bill’s name – Natural Hazards Insurance Bill – recognises the fact that EQC’s mandate extends further than just helping people recover from earthquakes. In fact, its insurance scheme also covers landslips, volcanoes, tsunami and hydrothermal activity....

Global Facebook interest declines about 90% in last 10 years: Report

by AIP Online Bureau | Mar 22, 2022 | Facts, Technology

From 1.93 billion daily users in Q3 2021, the number of users further fell to 1.929 billion in Q4, the report said. Several advertisers have moved away from Facebook, and TikTok is becoming extremely popular since it’s more affordable from a cost-per 1,000...
No country met WHO air quality standards in 2021 – data

No country met WHO air quality standards in 2021 – data

by AIP Online Bureau | Mar 22, 2022 | Eco/Invest/Demography, Health, International News

India’s overall pollution levels worsened in 2021 and New Delhi remained the world’s most polluted capital, the data showed. Bangladesh was the most polluted country, also unchanged from the previous year, while Chad ranked second after the African...

Global Covid caseload tops 472 mn, fatalities surge past 6.09 mn

by AIP Online Bureau | Mar 22, 2022 | Data, Eco/Invest/Demography, Health, Life, Pandemic

The US continues to be the worst-hit country with the world’s highest number of cases and deaths at 79,775,780 and 972,603, according to the CSSE The second worst hit country in terms of cases is India (43,009,390 infections and 516,510 deaths), followed by...
Telemedicine booms in S.Korea amid COVID,President-elect Yoon backs practice

Telemedicine booms in S.Korea amid COVID,President-elect Yoon backs practice

by AIP Online Bureau | Mar 22, 2022 | Facts, Health, Life, Non-Life, Technology

A total 2 million people are under home care for COVID in the country. While there are two doctors per 1,000 people on average in South Korea, only six of 17 cities and provinces meet the average, showing how health care is thinner in many parts This gap in...
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