Forum Orders United India Insurance to Pay Rs. 1 Lakh Plus to Widow
The Consumer Disputes Redressal Forum, Ahmedabad (Rural), held United India Insurance Company Limited, Ahmedabad Regional Office, and its office at Palanpur, Banaskantha district, guilty of deficiency. Read more
Oriental Insurance, National Insurance need Rs 1,000 crore as motor pool strains solvency
The government may have to invest 1,000 crore in two non-life insurance companies – Oriental Insurance and National Insurance – to make up for provisioning requirements towards third-party motor pool by March, said two people close to the development. Read more
Norms for MFs, insurers participation in preference issues eased
It has been decided to exempt insurance companies and MFs from the provisions of SEBI (ICDR) Regulations relating to sale and lock-in of their pre-preferential shareholding in the issuer company,†SEBI chairman UK Sinha said after a board meeting on 29.1.2012 Read more
Health insurance: Employers try co-payment
Health insurance benefit today is a hygiene factor for employers and they cannot afford to treat it as a talent attraction or a retention tool anymore. Read more
Health insurance cos reluctant to cover bariatric surgery
At a time when the Madhya Pradesh government has decided to reimburse the cost of obesity surgery to the government employees, their Read more
Govt forms four panels to set insurance industry norms
Postal Life Insurance
Know Frequently asked Questions about Postal Life Insurance…. Read more
New insurance schemefor unorganized workers
The Bihar government is all set to launch its own insurance scheme Read more
New index to link insurance premium to inflation soon
Soon there would be an index to indicate the rate at which premium for general, health and motorcar insurance is rising, in sync with inflation. Read more
Banks more profitable than agents for insurers
Banks as corporate agents of life insurance companies are more profitable and generate three times more business compared with individual agents.
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