insurance News

Insurance industry has a lot to gain from digitisation

Use of digital technology is gradually picking up in the insurance industry...

Growth in motor, health segments raises UII net 3%New York Life's PE funds invest Rs 50cr in Adlabs ahead of IPO
Insurance companies have suffered losses of over Rs 4,000 crore in Jammu & Kashmir floods and cyclone Hudhud. (Express Photo by Shuaib Masoodi)
Insurers lose Rs 4K cr in J&K floods, cyclone Hudhud
Insurance companies have suffered losses of over Rs 4K crore in Jammu & Kashmir floods and cyclone H...

Growth eludes life insurers except some bank-promoted players

An ongoing churn in life insurance products has made growth elusive for insurers, including state-ru...

Irda slaps Rs 50 lakh penalty on ICICI Lombard

Insurance sector regulator Irda has slapped a penalty of Rs 50 lakh on general insurer ICICI Lombard...

Insurance Co asked to pay Rs 4.94L to bank for customer fraud

A consumer forum here has ordered United India Insurance to pay Rs 4.94 lakhs to.....

'Insurance Regulatory and Development Authority (Irda) favours lifting cap on agent fees'

Sectoral regulator Irda is expected to suggest to a high-level panel...
Ads by Google
Insurance: Claim to infamy
As fraudulent claims rise, health insurers are turning to data analytics to curb the menace
Insurance claims pouring in from cyclone-hit Andhra Pradesh and Odisha
Claims have started pouring in from Cyclone Hudhud-hit areas of Andhra Pradesh and Odisha.
J&K floods: Finance ministry to back insurers' demand for more time to settle claims
Court has asked insurers to pay 95 pct of insured amount for policies below Rs 25 lakh as interim re...
Insurers to spend Rs 420 cr on mobile devices next yr: Report
The domestic insurance industry is on course to become the third fastest growth market for ICT...
House panel looking at merger proposal of 4 PSU insurers
The four PSU general insurance companies have a cumulative asset base of over Rs 1 lakh crore.
NCDRC asks insurance firm to pay over Rs 7L for damaged car
The apex consumer commission has directed an insurance firm to pay over Rs 7 lakh to a man for his d...
Hike in FDI cap in insurance will help sector's growth
The proposed hike in Foreign Direct Investment (FDI) cap from 26 per cent to 49 per cent in the insu...
Karnataka health insurance scheme could be model for whole India: WB
The Centre could draw on the success of a Karnataka health insurance scheme...
Employees of non-life insurers may get profit-linked incentive
The 66,000-odd employees of four state-owned non-life insurers are likely...
Insurance firm directed to pay over Rs 1 lakh for deficiency
A consumer forum here said that renewal of an insurance policy...
Forum denies claim due to delay in informing insurance firm
A consumer forum here has denied medical insurance claim to a man...
Road accident: Family of labourer gets over Rs 13 lakh compensation
Family members of a 32-year-old man, who died in a road accident...
Oil Co, insurer asked to pay Rs 10 lakh for gas leakage death
A consumer forum here has asked Bharat Petroleum Corporation Limited...
Now, health discount cards emerge as smart gifting options for corporates
As the Diwali brightness is almost around the corner, corporates are looking at innovative and usefu...
IIISLA opposes amendments in Insurance Act
IIISLA has opposed the proposed amendments in the Insurance Act...
MACT grants compensation of Rs 8.25 lakh to woman
The Motor Accident Claim Tribunal (MACT) Thane has granted a compensation of Rs 8.25 lakh to a woman...
Data theft threat sees rise in cyber security insurance policies
Tata AIG, ICICI Lombard, HDFC Ergo have launched schemes offering cover against cyber risk.
Continued: 1 | 2 | 3 | »

("interstitial_2nd_640x480");