Škoda Auto announces all-new compact SUV for India
Škoda Auto India announced plans for an all-new compact SUV that will debut in India in the first half of 2025. The vehicle will be on Indian roads in the first half of 2025. This new SUV will witness Škoda Auto India continue its made-for-India, ready-for-the-world ethos, where the company specifically develops cars focussed on the local market with an eye on localisation and low maintenance costs. The manufacturer first made this platform – the MQB-A0-IN developed specifically for India – available through the Kushaq SUV in July 2021, and the Slavia sedan in March 2022. Klaus Zellmer, CEO, Škoda Auto a.s, said that India is crucial to the global growth of Škoda Auto, both because of its own market strength and as a development and manufacturing base for our expansion in new markets including ASEAN and the Middle East.
ICICI Prudential Life Insurance maintains industry-leading claim settlement ratio for 3rd quarter of 2024
ICICI Prudential Life Insurance has a consistent claim settlement ratio track record, featuring a noteworthy 98.6% claims settlement ratio for the initial nine months of FY2024. The claim settlement ratio of ICICI Prudential Life in Q1-FY2024 was 98.10%, Q2-FY2024 was 98.14% and Q3-FY2024 the ratio stood at 98.52%. Notably, the average claim settlement turnaround time for non-investigated claims was only 1.3 days for nine months ended December 2023 after submission of all relevant documents. ICICI Prudential Life also has a ‘Claim For Sure’ service initiative which ensures all eligible death claims are settled in one day after receiving all documents. Should any delay occur in processing a claim under this initiative, ICICI Prudential Life compensates the beneficiary with interest accrued on the claim amount.
