LIC facing disputed tax claims of Rs. 75000 crore
Life Insurance Corporation (LIC) is facing tax claims disputed of Rs 74,894 crore under litigations, which is close to the Read more
Claims
Covid health cover claims surge to Rs. 36K cr, most from Maharashtra
Insurance companies received 28.46 lakh claims for Rs 36,003 crore in the last 22 months (till February 4) from people Read more
Health insurance claims stay stable
With the third wave of the pandemic proving to be less severe than the first two, there has not been Read more
PM crop insurance: Rs. 2,822-crore claims pending
From 2016-17 till date, many farmers, across States, who opted for the Pradhan Mantri Fasal Bima Yojana (PMFBY) have not Read more
Coonoor crash: Insurers settle claims in ‘shortest possible time’
PSU general insurers, including New India Assurance (NIA) and United India Insurance (UII), rushed to settle the personal accident (PA) Read more
After Assam earthquake, general insurers receiving claims, mostly property insurance
After a powerful earthquake jolted Assam and other parts of the Northeast India last week, general insurance companies have started Read more
Swiss Re scores profit despite COVID-19 death claims
Swiss Re has recently reported consolidated net income of USD 333 million in the first quarter of 2021, despite heightened Read more
With rising claims insurers go slow on covering COVID-19-recovered
With the daily number of COVID-19 cases rising steeply, insurance companies are refusing to give health cover to persons recovered Read more
Settle COVID-related cashless insurance claims within 1 hour: IRDAI
IRDAI has recently directed all the insurers to decide on cashless COVID-19 treatment claims within 60 minutes of the receipt Read more
LIC’s death claims sprang to 17.11% in first 9 months of FY21
Death claims made on LIC crossed the 8-lakh mark between April and December 2020, reversing the decline in their numbers Read more
