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Exodus of employees in non-life insurers as govt plans sell-off

The government is planning to sell off about 50 per cent stake in one of the three non-life insurers viz National Insurance, United India and Oriental Insurance Company Ltd.

Tamil naduSuchita guptaRanjan deyVenkatachari jagannathanInderjeet singhBanks board bureauInsurance company ltdCentral bankInsurance employees all india associationNational insuranceInsurance companies privatisationInsurance companiesGeneral insurance employees all india associationUnited indiaOriental insurance companyGeneral secretary

BBB selects candidates for general manager posts in four PSU general insurance companies

BBB selects candidates for general manager posts in four PSU general insurance companies SECTIONS Last Updated: May 12, 2021, 09:48 PM IST Share Synopsis The headhunter for state-owned banks and financial institutions also selected Arti Mathur and Nagalakshmi D for general manager and directors position in Oriental Insurance Company Ltd. Agencies There are five public sector general insurance companies, including one re-insurer General Insurance Corporation of India in the country. The Banks Board Bureau (BBB) has recommended names of Satyajit Tripathi, Y K Shimray and Sophia Singh for the post of general manager and directors of the three state-owned general insurance companies New India Assurance Company, United India Insurance Company and General Insurance Corporation of India. Besides, the headhunter for state-owned banks and financial institutions also selected Arti Mathur and Nagalakshmi D for general manager and directors position in Oriental Insurance Company Ltd.

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Insurers reimburse themselves while rejecting for other policyholders

Insurers reimburse themselves while rejecting for other policyholders By IANS | 4 Views Chennai, April 24 : Physicians heal thyself is passe. Insurers reimburse themselves is the new phrase. At a time when the general public health insurance policyholders are denied genuine hospital expenses incurred by them, the employees of government owned general insurance companies have been allowed to claim the cost of pulse oximeters in the case of Covid-19 home treatment. The General Insurers (Public Sector) Association of India (GIPSA) on Friday vide its circular had allowed the reimbursement of the cost of one pulse oximeter per family under the group mediclaim insurance policy for the staff of five companies - National Insurance Company, New India Assurance Company, Oriental Insurance Company, United India Insurance and General Insurance Corporation of India.

Tamil naduInsurer public sector association of indiaInsurance companyIndia assurance companyInsurance corporation of indiaNational insurance companyGeneral insurerPublic sectorNew india assurance companyOriental insurance companyUnited india insuranceGeneral insurance corporationதமிழ் நாடுகாப்பீடு நிறுவனம்இந்தியா உறுதி நிறுவனம்காப்பீடு நிறுவனம் ஆஃப் இந்தியா

All Work, No Pay : On Valuing Women s Housework | Economic and Political Weekly

All Work, No Pay : On Valuing Women s Housework | Economic and Political Weekly
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Covid wave may delay privatisation, divestment - The Hindu BusinessLine

‘Covid wave may delay privatisation, divestment’ April 19, 2021 Privatisation of insurance and banking companies requires some legislative action - HAKINMHAN× Officials say LIC’s IPO could also take a hit given the complex valuation process The surge in Covid-19 cases across the country is likely to impact the progress on strategic disinvestment and privatisation programme during this fiscal, which could further delay the sale of government’s stake in companies such as Bharat Petroleum Corporation and Shipping Corporation of India. Privatisation of two nationalised banks and a government-owned general insurance company could also be impeded. Officials also indicated that the initial public offering (IPO) of LIC may see some delay.

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