Max Bupa celebrates the spirit of real sisterhood this Rakshabandhan with #SabKiSister campaign

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Conveys gratitude and pays ode to ‘Nurses’ across the nation Celebrating the festival that marks the strong bond between brothers and sisters, this Raksha Bandhan, Max Bupa Health Insurance – one of India’s leading standalone health insurance players has launched a unique #SabKiSister campaign. Through the campaign, Max Bupa aims to celebrate the invaluable contribution of the...

SBI General Insurance stake sale attracts KKR, Temasek, CPPIB

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Mumbai: The proposed 4% stake sale in SBI General Insurance Co. has drawn interest from at least three global private equity investors, including KKR, Singapore’s Temasek Holdings Pvt. Ltd and Canada Pension Plan Investment Board (CPPIB), two people directly aware of the development said, requesting anonymity. “All the above funds have expressed initial interest and are expected to submit...

Things To Consider Before Buying A Two Wheeler in India

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Two wheelers are the most affordable and convenient form of personal transport. In a country like India, where the traffic congestion is increasing with each passing day, hence travelling in cars can be frustrating. Two wheelers are at an advantage as they can be maneuvered easily and can be parked even in cramped spaces. Which is why...

Things That Health Insurers Won’t Tell You

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When it comes to health insurance, ignorance is not bliss. What you don’t know can be turned against you at the time claim settlement. Hence, it is very important to have a thorough knowledge of mediclaim plans. While you can read up the policy details on the policy documents, there are certain things that your health...

77% of Bhopal has no financial preparedness to deal with cancer

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Future Generali’s ‘Cancer Financial Preparedness Survey’ reveals alarming statistics Majority of the respondents will either dip into personal savings or take a personal loan to finance the cost of treatment Oncologists determine that 2 out of 3 cancer patients get diagnosed with cancer only in the 3rd or the 4th stage thus, implying higher medical costs ...

General Insurance IPO subscribed 80% on Day 1

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The initial public offer (IPO) of state-owned General Insurance Corporation of India was subscribed 80 percent on the first day of the bidding today. GIC Re’s Rs 11,370-crore IPO received bids for 9,93,04,384 shares against the total issue size of 12,47,00,000 shares. The portion meant for QIB was subscribed 1.55 times, but non-institutional investor category received just 1...

ICRA assigns iAAA rating to Tata AIG General Insurance

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Mumbai, March 30, 2017:  TATA AIG General Insurance Company Limited, one of India’s leading private sector General Insurance Company has been conferred the ‘iAAA’ rating (pronounced as I triple A) for their Claims Paying Ability by the rating agency ICRA. The ‘iAAA’ rating is the highest for claims paying ability for an insurance company in the industry.  The ratings indicate TATA AIG’s...