Bajaj Allianz Life set to double agency force
Bajaj Allianz Life Insurance Company plans to double its ‘active’ agency force to about 60,000 agents this fiscal, according to Read more
Bajaj Allianz
Psychiatric test for pilots likely to enhance Aviation insurance
The cost of insurance for aviation companies may rise if the Directorate General of Civil Aviation goes ahead with its Read more
Bajaj Allianz General net profit rises to 37%
Bajaj Allianz General Insurance has posted a 37 per cent rise in profit after tax to Rs 562 crore for Read more
Online user experience poor with Indian life insurers
The years of efforts by the India’s insurance regulator IRDA to ensure insurance companies make their insurance products easily understood by customers doesn’t seem to have yielded the desired results. Read more
Marriage could be a licence for cheaper car insurance premium
Don’t be surprised if the insurer asks for a higher motor insurance premium if your daughter or son drives the car. But there could be a relief on the premium if you own a flat or are well educated or even just married. Reason: Insurers say married people drive more safely, while education and flat ownership gives them comfort that the insured is stable. Read more
General insurance companies go to IRDA with new proposals; move to bring down fraud third party claims
If general insurance companies have their way with the regulator, your accident insurance claim will be rejected if a friend rams your car. It may well be curtains for people taking joyrides in friends’ cars. Read more
ICICI Prudential Life Insurances premium collection rises 7% in Apr-Oct
Bucking the industry trend, ICICI Prudential Life Insurance has reported 7 per cent increase in premium collection in the April-October period. ICICI Prudential premium collection, which is a reflection on the performance of the company, has gone up to Rs 2,365 crore during the April-October 2012, as compared to Rs 2,210 crore in the corresponding period last year. Read more
IRDA News: IPO gate opening for general insurers
Only a dozen companies will qualify to float an initial public offering (IPO) as per the draft guidelines put out by the Insurance Regulatory Development Authority (IRDA) recently. Read more
Bajaj Allianz to pay Rs 13.74L for arbitrary denial of claim
Bajaj Allianz General Insurance has been directed by a consumer forum here to pay Rs 13.74 lakh to the husband and son of a late policy holder for rejecting her claim for reimbursement of expenses incurred on her treatment in the USA. Read more