BBB selects candidates for general manager posts in four PSU general insurance companies
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Last Updated: May 12, 2021, 09:48 PM IST
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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.
Relay Strike: PSU non-life & life insurance staff to strike
By
Venkatachari Jagannathan ( IANS) |
Published on
Tue, Mar 16 2021 13:18 IST |
8 Views
Insurance.. Image Source: IANS News
Chennai, March 16 : It is going to be a relay strike by unions in the public sector financial services sector domain.
After the two day strike Monday and Tuesday by the bankers, unions in the public sector general insurance companies and Life Insurance Corporation of India will go on strike on Wednesday and Thursday, respectively.
The unions in the non-life and life sectors will be going on strike protesting against the government s decision to privatise one of the general insurance companies, increasing foreign direct investment limit to 74 per cent and divest stakes in LIC by an initial public offer (IPO), union leaders told IANS.
Highlights
The four PSU non-life insurers are National Insurance Company Ltd, The New India Assurance Company Ltd, The Oriental Insurance Company Ltd and United India Insurance Company Ltd.
The two-day Nationwide bank strike caused a lot of inconvenience to the customers on services such as cash withdrawals, deposits, cheque clearances, remittance services.
However, branches of private-sector lenders like ICICI Bank, HDFC Bank and Axis Bank are open as they are not part of the strike.
It is going to be a relay strike by unions in the public sector financial services sector domain.
After the two-day strike Monday and Tuesday by the bankers, unions in the public sector general insurance companies and Life Insurance Corporation of India will go on strike on Wednesday(March 17) and Thursday (March 18), respectively.
SPOTLIGHT
Updated Mar 12, 2021, 8:15 pm IST
To enjoy a stable life and protect it from the unpredictability, it is important to protect things that help make your life happy
When talking about one solution that fits all, there is a need to bring India International Insurance Pte Ltd. (III) in the spotlight.
Security, be it emotional, economic, social, or personal, is one of the basic human needs. To function at their full potential, human minds need to be assured of security. Spotting even the slightest risk leads people to lose their calm and become incapable of functioning. This is one of the most crucial factors that contribute to maintaining mind s peace, one of the ultimate goals of people all across the globe. It is human nature to strive to build a secure environment for them and their loved ones. When talking about feeling secure, it is not just confined to protection against criminal activities. The horizon of the term security is much vast.
SBI, Canara Bank and United India to reimburse COVID-19 vaccine cost
IANSMar 6, 2021, 13:05 IST
TOI
general insurance company has decided to bear the Covid-19 vaccination cost incurred by
employees and their dependents who are 45 years of age with co-morbidities.
While the two banks -
State Bank of India (
SBI) and Canara Bank - will reimburse the cost of vaccination - ₹250 per dose per head - incurred by their employees who are above 45 with co-morbidities and their dependents. On the other hand, city-based United India General Insurance Company Ltd. will reimburse the vaccination cost incurred by its employees who are above 45 years of age and suffering from co-morbidities.