M Saraswathy
 "M Saraswathy")
M Saraswathy
Page 52 - M Saraswathy
ICICI PruLife, Edelweiss execute first SLBS trade in insurance
Under SLB, securities can be borrowed for period of 7 days through screen-based order matching mechanism
 "ICICI PruLife, Edelweiss execute first SLBS trade in insurance")
Life insurers adopt tech to deepen penetration
Bank-led insurers not just looking at agency force, but at bancassurance partners as well, to introduce technology-based sales interventions
 "Life insurers adopt tech to deepen penetration")
Food security Bill to aggravate food prices, say RBI advisors
Food prices are still elevated and the Bill would aggravate food price inflation, said the advisory committee
 "Food security Bill to aggravate food prices, say RBI advisors")
Mercer appoints Pradeep Mukherjee as country head and India CEO
Joins from Confluence Coaching and Consulting, which he established in 2007
 "Amid industry gloom, some life insurers see rise in profits")
Life insurers boost profitability through better expense managament
While some companies are still running into losses compared to the previous years
 "Life insurers boost profitability through better expense managament")
Insurers allowed to invest in private equity, debt funds
At least 51% of the funds of these Category II AIF to be invested in entities in areas of infrastructure, SME entities or Venture Capital undertakings
 "Insurers allowed to invest in private equity, debt funds")
Core Education seeks Rs 200-crore fresh funding under CDR package
Dip in sales revenue and rise in overdue trade receivables caused financial stress
EdX and Aspiring Minds join hands for mutual collaboration
Collaboration aimed to enable more than 1 mn people enrolled with Aspiring Minds to receive employability advice
 "EdX and Aspiring Minds join hands for mutual collaboration")
Study says 47% graduates unfit for gainful employment
Employability varies from 2.59% in functional roles to 15.88% in sales related jobs
 "Study says 47% graduates unfit for gainful employment")
CSCs to reduce insurance distribution costs
Newer ways of electronic distribution, like CSCs, insurance repositories, are likely to reduce cost further
 "CSCs to reduce insurance distribution costs")
Job gloom envelops corporate India
A stumbling economy, a falling currency and high inflation, plus weak consumer demand, mean more and more become excess baggage
 "Job gloom envelops corporate India")
Irda to come out with norms for CSC-insurers' tie-up
In a meeting, presentations also made on workability of model; manner in which it will be brought into operation
Core Education posts Q1 net loss of Rs 33.3 crore
Net sales stood at Rs 342.11 crore vs Rs 482.64 crore in same period last year
 "Core Education posts Q1 net loss of Rs 33.3 crore")
Banks' rush unlikely for insurer licence
Prior RBI permission a hurdle, given its views; business interest needs to be clearer
 "Banks' rush unlikely for insurer licence")
Soon, share electronic medical record with insurers
Insurers opine new system Will help improve pricing in long run
 "Soon, share electronic medical record with insurers")
Expand existing networks for insurers to grow: Rajiv Takru
Financia service secretary says banking correspondents have also been allowed to sell insurance
 "Expand existing networks for insurers to grow: Rajiv Takru")
The idea of banks becoming brokers will gain acceptance: Vijayan
Getting RBI approval natural process, says Irda chairman
 "The idea of banks becoming brokers will gain acceptance: Vijayan")
PFRDA may allow partial withdrawal under NPS
NPS run by finance ministry, with no contribution from govt and no guaranteed benefits to subscribers
 "PFRDA may allow partial withdrawal under NPS")
Sharing of electronic medical record with insurers could be some time away
Will help improve pricing in the long run, say insurers