GENERAL insurance company Cholamandalam MS has announced the introduction of the facility termed Click Easy car insurance to buy and renew motor insurance policies online through its website www.cholainsurance.com. The site also offers other features like live chat interface, branch/agent/garage locator, etc. In the health section, individual policyholders can log on to print their health e-cards, locate hospitals of their preference and also view their claim status. The company will also provide online claim intimation utility.
The stock markets have been volatile over the last few days. They are in a sideways movement and trying to find the bottom after a fall of 20 percent a week ago. The market sentiments are not very positive at the moment and the recent developments are expected to dampen them further. Globally, governments and central banks are trying to cut rates and announce packages to improve business sentiments. These are some of the major developments in the markets last few month: A) Global On the global front, another large US bank went into a financial crisis. The US government took quick measures to avoid the spread negative sentiments in the markets. The US government announced a bail-out package and agreed to shoulder the losses on the bank's risky assets. China announced a large cut in interest rates and reserve ratio to boost the investor sentiments in the markets. Recently, the World Bank announced China's growth rate next year will come down to 7.5 percent. The European ...