Page-3 of IRDAI
ICICI Lombard to merge with Bharti Axa General Insurance
ICICI Lombard general insurance company is going to merge with Bharti AXA’s non-life insurance business through a scheme of arrangement. According to ICICI Lombard, it will be the third-largest non-life insurer in India. Who are non-insurance companies? Non-life insurance companies ..
Month: Current Affairs - August, 2020
Care Health Insurance is the new name of Religare Health Insurance
Gurgaon headquartered, Religare Health Insurance got a new name “Care Health Insurance”. Religare Enterprises Limited is the umbrella organization of the group, which provides services like SME finance, Affordable Housing Finance, Retail Broking, and Health Insurance. Health Insurance Companies in ..
Month: Current Affairs - August, 2020
RBI launches National strategy for Financial Education for 2020-25
The Reserve Bank of India has come up with the Second National Strategy for Financial Education (NSFE) for the time period of 2020-25. The document of the apex bank recommended a ‘5 C’ approach with the objective of the circulation ..
Month: Current Affairs - August, 2020
International Financial Services Centre Authority established by GoI
The Government of India has established International Financial Services Centre Authority. The headquarters of the authority is to be established in Gandhinagar, Gujarat. Highlights The Authority was established through a notification. The notification issued by the GoI brings into effect ..
Month: Current Affairs - April, 2020
Arogya Sanjeevani Insurance Policy: IRDAI launches Guidelines
The Insurance Regulatory and Development Authority of India (IRDAI) has provided guidelines for the health insurance providers to implement Arogya Sanjeevani Insurance Policy. The regulator had earlier made it mandatory for the insurance providers to frame a policy to provide ..
Month: Current Affairs - April, 2020
Insurance Scheme for Health Care Workers fighting COVID-19
On March 29, 2020, the Government of India approved insurance scheme for health workers that are fighting against Corona Virus. The Scheme was announced under the Pradhan Mantri Garib Kalyan Package that was announced by Finance Minister Nirmala Sitaraman on ..