Insurance News

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 policiesInsurers gear up to assess losses in Jammu and Kashmir
In the last four months, about 35 companies have bought such cyber security insurance covers of up to Rs 300 crore.
Data theft threat sees rise in cyber security insurance policies
Tata AIG, ICICI Lombard, HDFC Ergo have launched schemes offering cover against cyber risk.

Insurers gear up to assess losses in Jammu and Kashmir

Insurance companies are gearing up to assess claims from flood-ravaged Jammu and Kashmir...

Nuclear Liability: Centre asks GIC to work on insurance plan for reactors

To sort out the liability issue plaguing Indian nuclear reactors, the Centre...

Jammu and Kashmir floods: IRDA asks life insurers to settle claims fast

In view of massive floods resulting in loss of lives and belongings in Jammu and Kashmir...

LIC favours raising FDI cap in insurance sector to 49 pct

Sources said LIC Chairman S K Roy was in favour of raising the cap from 26 pct now.
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All-party meeting on controversial Insurance Bill fails to iron out differences
Leaders agree to hold fresh round of consultations in next 2 days; NCP, BJD decide to support Bill.
Centre likely to keep insurance bill off Rajya Sabha today
Arun Jaitley and Venkaiah Naidu will meet leaders of opposition parties on Monday morning in a bid e...
Insurance matters: Prudence during days of rain
These days, cars and motor bikes are mostly installed with high technology equipments.
General insurers plan minimum lowest premium level to cut loss
Taking a cue from their peers from the banking sector and to arrest the ever-increasing underwriting...
Max Bupa launches revised 'heartbeat' health insurance plan
Max Bupa announced introduction of a plan which comes with cashless treatment abroad for major criti...
Palo Alto Networks uncovers new source of cyber threats targeting businesses
Research pinpoints how '419' scammers have evolved to get around traditional enterprise safeguards
Future Generali launches 'Care Plus Plan'
Many significant transformational changes have taken place in the insurance industry over the decade...
HDFC, Birla Sun, Reliance Life top Irda's unfair business chart
ICICI Prudential Life has a comparatively better record compared to its peers.
On insurance FDI, BJP recasts 2004 position
BJP too had opposed the reform in insurance sector on a number of occasions in the past.
After FDI boost, top insurance firms looking to list on bourses
Cabinet has approved 49 pct foreign investment in insurance firms, with Indian control.
Cabinet clears 49% insurance FDI; insurers welcome hike; PwC sees inflow of Rs 1 lakh cr
In his budget speech, FM Arun Jaitley had said that insurance sector is investment starved.
Kotak Life Insurance launches assured income accelerator that factors in cost of living
Offers increasing guaranteed income; tax benefit on premiums paid under Sec 80C and tax free guarant...
Insurance cos to get much-needed capital from higher FDI:Malvinder Mohan Singh
Presenting the Budget for 2014-15 earlier this month, Finance Minister Arun Jaitley proposed raising...
Allianz may not increase stake in JVs soon: Bajaj
The Allianz Group of Germany is unlikely to take any final decision immediately, said Rahul Bajaj.
Increase in insurance FDI cap will raise capital inflows: Vishakha RM
An increase in foreign direct investment (FDI) limit to 49% from 26% in the insurance sector will in...
SC stays Allahabad HC order against SBI Life
In a relief to SBI Life Insurance, the Supreme Court has stayed the Allahabad High Court order that ...
Home insurance policy covers structure of the house as well as its contents
Repainting your vehicle with a different colour doesn’t impact the claims process. Having said this,...
Insurance can play big role in routing savings to infra sector
Development of infrastructure is one of the top priorities for the new government.
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