NHPS- National Health Protection Scheme
The Government of India has announced a massive Health Scheme for the downtrodden people of India called the Ayushman Bharat National Protection Scheme to be launched from August 15 this…
Catastrophes cause global economic losses of USD 36 billion in the first half of 2018-Swiss Re
According to Swiss Re Institute's preliminary sigma estimates, global economic losses from natural catastrophes and man-made disasters in the first half of 2018 were USD 36 billion. This figure is…
Union Cabinet allows LIC to raise stake in IDBI
The Cabinet cleared a deal to allow LIC raise its stake in IDBI Bank to 51 per cent, Finance Minister Piyush Goyal said, briefing reporters after the Cabinet meeting. IDBI…
Telangana government launches Rs. 5 lakh life insurance scheme for farmers
The Telangana government launched a Rs.5 lakh insurance programme for farmers in the state, slated to be the first of its kind, under which their families will get the amount…
Insurance Companies cautious before signing up for Ayushman Bharat scheme
General insurers are cautious about the National Health Insurance scheme with many choosing to be in a wait-and-watch mode before bidding for any States. As of now, only the bid…
CUSTOMER RETENTION MARKETING OF LIFE INSURANCE INDUSTRY
ABSTRACT Presently, marketers consider retaining of customers as a much more challenging job than acquiring customers in the context of growing competitive forces. Thus, the traditional transactional approach of marketing…
Insurers to pay 12% interest on delayed payment of crop insurance claim
In order to stop delayed payment of crop insurance claims Central government is proposing to slap 12% interest on delayed crop insurance claim payouts under the Pradhan Mantri Fasal Bima…
SBI to sell 4% stake in SBI General Insurance
State Bank of India has informed the stock exchanges that its board is looking to sell 4% of its existing shareholding in SBI General Insurance to a non-promoter entity through…
Common service centres to implement Ayushman Bharat Health Insurance scheme
Common Service Center (CSC) and National Health Accounts (NHA) inked a MOU to implement the Ayushman Bharat scheme through three-lakh CSCs across the country. Ayushman Bharat is the National Health…
Capping proportional treaties through Event Limit, is this warranted?
For those who are wondering ‘What is this Event Limit (EL) and why was it required?’ Normally under a proportional treaty (Quota share or surplus), a CAT event can impact…