TGSRTC gives Rs 50 lakh to bus driver who lost leg in accident
The Telangana State Road Transport Corporation (TGSRTC) on August 10 handed over Rs 50 lakh in insurance assistance to the family of bus driver Md Mudar, who lost a leg in an…
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Child-free couples need bigger retirement corpus
Many child-free couples believe they need a smaller retirement nest egg because they have no children to raise. But experts say this assumption can be dangerous. Without adult children to step in…
J&K consumer commission raps Tata AIG, Bajaj Allianz for unfair claim repudiation
The Jammu & Kashmir State Consumer Disputes Redressal Commission has held Tata AIG General Insurance guilty of deficiency in service for repudiating fire insurance claims by treating standard Kashmiri buildings with wooden…
55% of Indian employees can’t cover expenses if they lose job
A new Finsafe India report finds that 55% of working professionals are not financially prepared to meet expenses if they lose their job, up from 51% last year. The survey of 4,532…
LIC pays ₹12,207.25 crore dividend to government
State-owned Life Insurance Corporation of India (LIC) paid a dividend of ₹12,207.25 crore to the central government on Wednesday, according to The Hindu. CEO and MD R. Doraiswamy handed the cheque to…
LIC culls low-productivity agents, shifts to high-value policies
Life Insurance Corporation of India is pruning low-productivity agents and pivoting to larger policies, a strategy aimed at boosting profitability and persistency. ET BFSI reports agency headcount fell in the June quarter…
Bengaluru woman bedridden after crash, seeks Rs 20 lakh from Rapido
Sani Krishna, a 32-year-old interior designer in Bengaluru, has sent a legal notice to bike taxi aggregator Rapido after a crash on June 17 left her bedridden for two months. The bike…
Parliamentary panel tells IRDAI to fast-track risk-based capital
A parliamentary committee has recommended that IRDAI fast-track the risk-based capital framework, according to The Hindu Business Line. The Committee on Public Undertakings, in a report tabled on August 6, also urged…
LIC shares climb 1.66% after Q1 profit jumps 23%
LIC shares closed 1.66% higher at ₹394 on the NSE on Friday, a day after the state-owned insurer reported a 23% rise in June-quarter net profit to ₹13,492 crore. Net premium income…
LIC’s VNB jumps 61%, but valuation limits investor appeal
LIC’s value of new business rose 61% in the first quarter, driving a 750-basis-point year-on-year increase in its VNB margin to 22.9%, Livemint reports. Annualised premium equivalent grew 8% to Rs 13,692…
Ashin Xavier: interesting
IO Repro: Repro test v4 after fix 2 Oct. Safe to trash.
IO Repro: Repro test v3 after fix 2 Oct. Safe to trash.
IO Repro: Repro test after fix 2 Oct. Safe to trash.