IRDA in India Auto unions protest over IRDA’s vehicle premium rates June 22, 2017 Bimabazaar- Adminstrator 746 Views 0 Comments The decision of Insurance Regulatory and Development Authority of India (IRDA) to affect minimum decrease in the third party insurance Read more
IRDA in India Premium rates of vehicles increases by 41% June 22, 2017 Bimabazaar- Adminstrator 784 Views 0 Comments Premium rates of vehicles increases by 41% The Insurance Regulatory and Development Authority of India (IRDAI) has increased rates by up to 41 per cent across various Read more
Life Insurance News LIC Jamshedpur division stands 1st in regular premium growth rate June 22, 2017 Bimabazaar- Adminstrator 974 Views 0 Comments LIC Jamshedpur division stands 1st in regular premium growth rate Life Insurance Corporation of India’s Jamshedpur Division has achieved No.1 rank in the country in regular premium growth rate with Read more
Life Insurance News LIC to hire retired bankers for managing NPAs June 22, 2017 Bimabazaar- Adminstrator 825 Views 0 Comments LIC to hire retired bankers for managing NPAs LIC will soon obtain services of retired bankers to strengthen its lending operations and ensure that non-performing assets (NPAs) are Read more
Life Insurance News Public Sector Banks to get cyber insurance policies June 10, 2017 Bimabazaar- Adminstrator 685 Views 0 Comments Public Sector Banks to get cyber insurance policies demonetisation hacking Public sector banks, which are considered straggler in the digital space, are pulling up their socks in cyber insurance. Many commercial Read more
Life Insurance News Niti Aayog to use upgraded techs for crop insurance June 6, 2017 Bimabazaar- Adminstrator 760 Views 0 Comments Niti Aayog to use upgraded techs for crop insurance global positioning system Indian Space Research Organization A task force on the use of technology for agriculture insurance, set up by Niti Aayog, has suggested the use of Read more
Life Insurance News Automation will bring revolution in insurance June 6, 2017 Bimabazaar- Adminstrator 756 Views 0 Comments Automation will bring revolution in insurance RPA and telematics Robotic Process Automation The inaugural edition of InsurTech Integrated, convened by leading financial intelligence platform Middle East Global Advisors, will gravitate around the Read more
Life Insurance News New India Assurance bags RIL’s Rs. 500-cr combined cover June 6, 2017 Bimabazaar- Adminstrator 800 Views 0 Comments New India Assurance has bagged a Rs 500—crore combined cover from Reliance Industries for its onshore and offshore assets for Read more
Life Insurance News Insurers to ensure data protection June 6, 2017 Bimabazaar- Adminstrator 758 Views 0 Comments Insurers to ensure data protection regulator Insurance Regulatory and Development Authority of India Insurance firms will have to mandatorily appoint a chief information security officer whose main job would be ensuring data protection. Read more
Life Insurance News UCO Bank, Future Generali ties up for product selling June 6, 2017 Bimabazaar- Adminstrator 865 Views 0 Comments Future Generali ties up for product selling public lender UCO Bank, UCO bank Read more