ICICI Lombard was listed on the stock exchanges in September 2017
Transport lobbies have threatened to go on strike to protest against the 20-30 percent rise in third party premiums for vehicles transporting goods.
Some transport lobbies have asked for a roll-back of rate increase in motor third premium
Two individuals with the same income but with different personal and household circumstances may need very different levels of insurance cover.
Salaries are low and a constant threat of physical assault comes with the job
The case pertains to privately placed short term unsecured redeemable non convertible debentures bought by United India that led to a loss of Rs 30 crore
MFS has acquired 0.74 per cent additional stake in its subsidiary, Max Life Insurance Company Ltd (Max Life), comprising 14,170,817 equity shares from Axis Bank, for a consideration of approximately Rs 153.33 crore.
Total equity assets rose to Rs 8.7 lakh crore aided by a positive run in the stock markets.
Certain hospitals have preferred reimbursements, wherein the policyholder pays the hospital first and later claims the money from the insurance company.
CRISIL in its research has said that the new scheme will lead to increase in health insurance coverage to more than 650 million persons.
Max Bupa has partnered with marketing solutions firm Vizury to launch a predictive AI algorithm for enhanced client servicing
It is anticipated that in the first year of its implementation, a total cost of Rs 10,000 crore will be incurred, of which Rs 6,000 crore will come from Centre and the rest Rs 4,000 crore will be borne by the States
This scheme will offer health cover of Rs 5 lakh per family per year to 10 crore families.
Offshore drilling firm Jagson International said that they are exploring legal recourse in the case
The missing insurance component in a mutual fund investment can be compensated by purchasing a term insurance of the same amount.
This policy will cover hospitalisation expenses for certain ailments incurred globally
What happened earlier was that the group health segment was being doled out discounts by insurance companies despite the fact that all these corporate clients were filing heavy claims
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