Videocon Industries sold its 51.32 percent stake in the insurance company to the extent of 26 percent to Diamond Dealtrade (a DP Jindal Group Company) & the remaining 25.32 percent to Enam Securities.
SAT had set aside a broker-transfer judgement by IRDAI, and also said that this amounted to aiding and abetting corruption
Till now, claims arising from genetic disorders in health insurance were rejected.
Insurance companies maintain a list of agents removed from the system. Verify that before you buy a policy from the agent
The Securities Appellate Tribunal (SAT) has asked the Insurance Regulatory and Development Authority of India (IRDAI) to pass a fresh order on a case involving alleged financial irregularities in awarding insurance broker contract to a broking firm.
In a statement, the reinsurer said that ‘GIC Syndicate 1947’ is the first Lloyd’s syndicate to be backed solely by capital from an Indian reinsurance group.
This service is free of cost for all travel insurance customers of the company where there is no queue time and the customer doesn’t need to fear a call drop.
Based on the loss ratios across models and states, the pricing for own damage insurance will be decided
The insurer will offer a life cover of Rs 50 lakh for each athlete representing India at the Games.
This will involve working across the entire gamut of operations and also some classroom training
When it comes to calculating the actual life insurance cover for yourself, one should take regular monthly expenses into account.
A term policy can help your family get financial support after your death. Term policy provides pure insurance cover with no investment benefits.
Both public sector and private sector players saw a healthy growth in new premiums.
The proposed premium rates have been kept lower for small cars not exceeding 1000cc at Rs 1850 compared to last fiscal’s rate, which stood at Rs 2055. Under this scenarios, consumers will now save Rs 205 this year.
Not only are the tax structures different, entry and exit rules for the products differ as well.
The fourth quarter usually accounts for the largest chunk of new business premium for life insurers.
Only for bikes exceeding 350cc will there be a significant pinch from motor third party premium increase
Following are the five best health insurance policies in India that you can consider for yourself or for the protection of your family.
Canara HSBC Oriental Bank of Commerce Life Insurance operates a pure bancassurance model and has access to around 115 million customers.
PE-VC firms, unlike others, invest in companies with healthy business prospects and exit when the returns do not correlate to the investments.
The insurance payout enables family members of the deceased to sail through financial uncertainty and carry on with their lives.
The incumbent Puneet Satyawadi will take over as the Chief Operating Officer of JLT Americas
Even if IRDAI allows genetic diseases to be included in coverage, premiums will be very high in initial stages
He has been been appointed for a period of two years.
Pay less premium on your insurance policy and create lakhs of wealth, if you quit smoking!