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The enrollment/registration for Licentiate exam of Insurance Institute of India shall start from 1st April 2012. The Licentiate exam will be held on 2nd – 20th July 2012. Candidates may register for the exam through the website of Insurance Institute of India.
Read moreBharti Axa General Insurance is hopeful of posting a growth of 45 per cent in its gross premium collection in the next financial year.
Read moreL&T General Insurance, a unit of engineering and construction major Larsen & Turbo Group, is bullish on its growth prospects next financial year with business coming mainly from motor and health insurance segments, a top company official has said. Read more
The Tiruchi District Consumer Disputes Redressal Forum has ordered the United India Insurance company to pay a city resident the insured amount of a motorcycle that was stolen and a compensation of Rs.2,500 for causing mental agony by rejecting his claim.
Read moreThe Maharashtra State Consumer Disputes Redressal Commission ordered New India Assurance Co Ltd to pay Rs 3 lakh to a Malad resident, 14 years after she underwent a bypass surgery and the company repudiated her claim. The insurance company will also pay the victim, Rama Shetty, a reimbursement amount of Rs 2.56 lakh.
Read moreThe District Consumer Forum, Bandra granted relief to the families of 14 farmers who died in accidents and directed insurance company ICICI Lombard to pay the insurance amount, with interest, under the government’s personal accident insurance scheme for farmers. Read more
Accusing an insurance company guilty of unfair trade practice, the consumer forum directed it to pay the insured amount of the car to the complainant. Besides, the forum has also imposed a fine of Rs 25,000 on the company.
Read moreA civil court cannot refuse to record a compromise reached between the litigants even if such settlement had been reached after the passing of a decree in favour of one of the parties, the Madras High Court Bench here has held.
Read moreLife insurance is among the favourite saving avenues for Indian investors. Yet, India is grossly under-insured. This is because insurance buyers prefer policies that have a larger investment component and minimal risk coverage. The average life insurance policy offers a cover of a little over Rs 1 lakh.
Read moreThe Insurance Times magazine had published a Interview with Shri.P.Srinivasan, President, Life Underwriters Guild of India in its March 2012 issue. Here are the excerpts of the interview…… Read more