August 2020

The Covid-19 pandemic has made Indians understand that necessity of taking a health cover, something that the insurance industry could not do so far despite all their campaigns.

But the crisis has also brought in a new challenge for general insurance providers, with claims doubling every 30 days. Even as health insurers have liquid assets of at least 50 per cent of their claims, this is a huge business risk that will continue to hang over their heads till there is a lid on the crisis, top general insurers said at the Business Standard virtual conclave Unlock BFSI 2.0.

The panelists were CEOs of general and health insurance companies — Bhargav Dasgupta of ICICI Lombard, Anamika Roy Rashtrawar of IFFCO Tokio, Rakesh Jain of Reliance General, Neelesh Garg of Tata AIG, and Anuj Gulati of Religare Health.

The Covid-19

Today, at PwC US, we are taking another big and important step in our diversity and inclusion (D&I) journey. For the first time, we are publicly releasing our diversity data and strategy. But more importantly, we are reinforcing our commitment to accelerating our progress as we continue to strengthen a culture of belonging.

For us, this is not new — we have been building a diverse and inclusive culture for more than two decades. We want our firm to be a workplace that supports all of our people, so that every person has the same opportunities to grow their career to their fullest potential.

My desire and commitment as the leader of PwC is to lead with purpose, which includes how our firm prioritizes diversity and inclusion. When I became U.S. chair and senior partner just over four years ago, I told my fellow partners and leaders that if all