Assurant Financial News

The government raised the interest rate on the five-year recurring deposit scheme for the December quarter and retained the rates for all other small savings schemes. The government reviews the rate every quarter.

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Biotechnology giant CSL argues an ageing population will help shield its business from any fallout from the explosion in Ozempic-style drugs used off-label to treat weight loss, and potentially undermining its investment in therapies targeting kidney disease.

reports. The deal positions Qatar Airways as the biggest airline partner to Elon Musk's Starlink.

insurance companies are close to agreeing to impose a 30% cap on commissions paid to corporate agencies, including banks and non-banking financial companies, for credit life policies, said people with knowledge of the matter. It comes as the industry reorients marketing practices following the regulator's decision to scrap product-wise caps and go for company-wise ones in the wake of insurers facing GST evasion charges. The matter has been discussed in Life Insurance Council meetings over the past few months, said two persons privy to the information.

Centre is aiming at raising ₹400 crore from scrap disposal across government offices, free up 100 lakh square feet space in sarkari offices and clean up 2.26 lakh sites under #SpecialCampiagn3 launched on September 29. The two-week-old mission has already raised ₹117.3 crore from scrap disposal and freed up 32.54 lakh square feet space. 1.47 lakh sites have had a clean-up too, as per latest data. Steered by the Department of Administrative Reforms & Public Grievances (DARPG), the Campaign focuses on effective disposal of public grievances, references from Members of Parliament, Parliament assurances besides, weeding out files, cleanliness drive in the workplace and disposal of scrap from government offices. While all ministries and departments are actively pursuing set targets, under specific focus this time are the establishments under the Ministry of Home Affairs, Ministry of Defence, Department of Heavy Industries, Ministry of Coal, Mines and Steel and the various PSUs.

BHP directors have been accused of going soft on top executives over the “underpayment” of staff, with proxy adviser CGI Glass Lewis telling the board it expects more “consequences” for the incident to be felt in next year’s pay.

During a Facebook live session promoting her new autobiography, «Worthy,» Jada Pinkett Smith opened up about the intricacies of her relationship with husband Will Smith, revealing that the couple had undergone a period of separation seven years ago, unbeknownst to the public. Joining her in the conversation was her mother, Adrienne Banfield Norris, who also expressed her perspective on the situation, recounting how she had perceived her daughter's distance during that time. Responding to a fan's question about a potential reconciliation with Will, Jada emphasized the family's unity, highlighting their journey towards healing and their current state of «interdependence» and love.

The product management lifecycle is a structured approach to developing and managing a product from its inception to its retirement. It involves a series of stages, each with its own set of tasks, responsibilities, and objectives. While the specific terminology and details may vary from one organisation to another, the fundamental stages of the product management lifecycle are as follows: Best Professional Courses on Product-Manageme

US President Joe Biden on Sunday said that Hamas is using innocent Palestinian families as human shields in its assault on Israel, The Times of Israel reported. He said that the majority of Palestinians have anything to do with Hamas. Speaking at a gala dinner for the Human Rights Campaign in Washington, Biden said, «The humanitarian crisis in Gaza, innocent Palestinian families, and the vast majority have nothing to do with Hamas.» «They're being used as human shields,» he added. Biden claimed that the terror attack launched by Hamas was the bloodiest day for Jews since the Holocaust and that the Hamas terror organisation had used Palestinian civilians as human shields to avoid Israeli reprisals, according to The Times of Israel. The President said that the day before, he chatted on Zoom for an hour with relatives of Americans who are still missing, and he relates this to his own experiences, including the loss of his first wife and daughter in a vehicle accident in 1972, the report said. «They've endured an agony not knowing what's happening. It's not the same thing, but I can tell you what it's like.

India’s residential real estate market continues to grow at a rapid pace driven by new property launches, attractive pricing, and strong consumer demand. As per the JLL report in Q2 of 2023, there were 64,500 residential units sold, which is a growth of approximately 4% compared to the previous quarter. Residential sales have consistently reached new highs each consecutive quarter over the last year. Sales in Q2 of 2023 exceeded the previous historical high of Q1 of 2023, making it the highest quarterly sales since 2008. 

Private sector life insurance firm HDFC Life Insurance was able to grow its number of policies sold by 10% in the first half of this fiscal, while the premium category below Rs 5 lakh grew around 17-18%, said managing director and chief executive officer Vibha Padalkar. In an interview with Mithun Dasgupta, Padalkar said that the insurer’s annualised premium equivalent (APE) should grow by mid-teens in the current financial year. Edited excerpts:

Morale of the mobile manufacturing industry has hit an all-time low with the arrest of Hari Om Rai, founder of homegrown device maker Lava International, industry body ICEA said on Saturday.The Enforcement Directorate has arrested Rai in an alleged money laundering case against Chinese smart devices maker Vivo.

Israel-Hamas war enters 6th day, India begins Operation Ajay, over 1,400 killed in Gaza attack Read all the LIVE updates on Israel-Hamas war here 1. Tens of thousands in Gaza are estimated to have fled south after Israel gave Palestinians 24 hours' notice to evacuate from the enclave's north before an expected ground offensive. Prior to the evacuation order, more than 400,000 Palestinians had been internally displaced due to the hostilities.

Investing.com — “Never a dull moment in the oilfield,” oil services firm Panther says on its website. By that extension, of course, are the oil markets, which seldom go a day, or even hours, without drama.

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NoBroker, a prop-tech unicorn, has launched CallZen.AI, a conversational intelligence tool that is set to transform the way businesses interact with their customers. CallZen.AI, an enterprise ready B2B product empowers businesses with conversational insights and can analyse millions of calls within minutes, uncovering valuable data-driven insights to improve customer service and drive business growth. Utilizing advanced machine learning models, CallZen accurately transcribes and extracts valuable insights from conversations conducted in multiple languages, including English, Hindi, Tamil, Telugu, Kannada, and Marathi. Notably, it offers features like speaker identification, sentiment analysis, and entity recognition, even in mono-channel scenarios, enabling a deeper understanding of customer interactions. Akhil Gupta, Co-founder & Chief product & Technology Officer, NoBroker, said, “We saw the vast potential of AI in transforming the real estate landscape of India and leaped right in.

Jeevan Labh saving plan from LIC is a non-linked, participating individual life assurance plan that combines savings and protection elements in an appealing way. This plan offers a lump sum payment at maturity for the surviving policyholder and financial support for the family of the deceased policyholder in the terrible event of the policyholder's passing before maturity. Through its credit facility, this plan also addresses the issue of liquidity. Also read:LIC Bima Ratna life insurance plan: 9 things to know

The United Auto Workers union significantly escalated its walkout against Detroit's Three automakers by going on strike Wednesday at the largest and most profitable Ford plant in the world

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My wife is about to undergo a surgery after a month. My employer insurance can take care of expenses up to ₹2 lakh. I also have a family floater policy of ₹5 lakh coverage. I am worried about the claims settlement process. What do I do when two insurers are involved and both require medical documents? —Name withheld on request Many medical claims use two insurance policies.