CURRENT AFFAIRS

2021

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which bank in partnership with Universal Sompo General Insurance Company has launched a health insurance policy?

A	Karnataka Bank
B	City Union Bank
C	Bank of India
D	UCO Bank

Explanation:

Detailed explanation-1: -Indian Overseas Bank Managing Director and CEO Karnam Sekar formally launched the policy in the presence of Universal Sompo General Insurance, Chairman, O N Singh here recently.

Detailed explanation-2: -Universal Sompo General Insurance said it has partnered with Zopper, an insurance infrastructure API platform, to roll out a special integrated offering for customers.

Detailed explanation-3: -Universal Sompo General Insurance Co. Ltd. is a joint venture of Indian Bank, Indian Overseas Bank, Karnataka Bank Ltd., Dabur Investment Corporation and a leading general insurer from Japan, Sompo Japan Insurance Inc.

Detailed explanation-4: -Universal Sompo General Insurance is the first Private Partnership in Indian General Insurance Industry, The joint venture has been capitalized with shareholders funds of over 230 cr. including share premium.

There is 1 question to complete.