Saturday, October 25, 2008

Diwali (Deepawali) .... 3 days to go!!!

One of the biggest festivals of Hindus, Deepawali or Diwali in India is celebrated with lots of enthusiasm and happiness. This festival is celebrated for five continuous days, with the third day being celebrated as the main Diwali or as 'Festival of Lights'. Fireworks are always associated with this festival. The day is celebrated with people lighting diyas, candles all around their house. Lakshmi Puja is performed in the evening to seek divine blessings of Goddess of Wealth. Diwali gifts are exchanged among all near and dear ones.

Diwalifestival.org talks about how Diwali celeberated all over India and world.

The Right Insurance Rules

With number of stringent regulations already in place for insurance companies .. I am just wondering how blunders like AIG could have happend. Do we have to make to those regulations more rigorous or bring in the "right" rules ?

Here is an article from Ted Mathas that discuss about - "The Right Insurance Rules".
The writer is president and chief executive of New York Life Insurance Co., the largest mutual life insurance company in the United States.

Friday, October 24, 2008

SBI Life launches health plan

SBI Life Insurance Co on Thursday launched its first group health insurance plan ‘Criti9’ for State Bank Group customers. Criti9 provides protection against nine critical illnesses, including cancer, heart-attack (myocardinal infraction) and major organ transplant, the company said.