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Ahead of privatisation, govt non-life insurers see employee attrition

Ahead of privatisation, govt non-life insurers see employee attrition Sat, Jun 5 2021 18:21 IST | 0 Views Life insurance.. Image Source: IANS News Chennai, June 5 : The government-owned non-life insurers are witnessing the exit of a sizeable number of their employees owing to retirement as well as voluntary retirement due to a combination of factors - personal as well as the possibility of privatisation, said a top leader of General Insurance Employees All India Association (GIEAIA). 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. As per the information, at least one person in each region in the three companies is opting for voluntary retirement. While some are quitting for personal and family reasons, some others are also quitting as there is uncertainty since the government is planning to privatise one of the three companies, K. Govindan,

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Welcome To IANS Live - LatestNews - Ahead of privatisation, govt non-life insurers see employee attrition

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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.

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Kanpur Coronavirus Cases Covid 19 Pandemic In Up News, Cashless Health Insurers - हेल्थ इंश्योरेंस: कैश वालों को तवज्जो, कैशलेस को नमस्ते, मनमानी पर उतारू निजी कोविड अस्पताल

Kanpur Coronavirus Cases Covid 19 Pandemic In Up News, Cashless Health Insurers - हेल्थ इंश्योरेंस: कैश वालों को तवज्जो, कैशलेस को नमस्ते, मनमानी पर उतारू निजी कोविड अस्पताल
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SBI, Canara Bank and United India to reimburse COVID-19 vaccine cost

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.

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