DELHI HC REFUSES TO STAY MEDICLAIM PREMIUM CIRCULAR

HIGHLIGHTS

• Delhi HC has refused to stay circular on Mediclaim Premium Circular from GIPSA.
• Next hearing will be on 19 AUG 2021.

In FEB 2021, a circular from General Insurance Public Sector Association (GIPSA) was issued which was to ...

INDIAN GOVERNMENT MAY PRIVATIZE AN INSURANCE COMPANY

HIGHLIGHTS

• Indian Government is considering plans to privatize either of Oriental Insurance or United India Insurance.
• Some rumors say that both countries might get privatized.
• Both companies may be able to generate interest from the privat...

INSURANCE WORKERS IN HYDERABAD ON HUNGER STRIKE

HIGHLIGHTS

• Insurance workers in Hyderabad started hunger strike on 27 JAN 2021.
• Workers are demanding settlement on owed wages.
• The workers are against the merger of four insurance companies.
• The protesting workers also want bett...

Insurance mergers to go through?

The failing finances and banking sector of the nation of India have been hinting towards the merger of major banks, and this has changed the whole banking and financing infrastructure of the nation as people, as well as investors, have started pulling out their capital from these institutions. Th...