Life Insurance News LIC settles 561 corona claims worth Rs. 27 cr October 21, 2020April 14, 2021 admin 385 Views 0 Comments corona claims, insurer, LIC, survival-benefit requirements Life Insurance Corporation of India said that it has settled 561 Covid-19 death claims amounting to nearly Rs 27 crore. Read more
General Insurance News Acko General Insurance offers one month free auto insurance amid COVID-19 lockdown June 19, 2020April 15, 2021 admin 473 Views 0 Comments Acko General Insurance, COVID-19 lockdown, free of charge, insurer, vehicle insurance Acko General Insurance said it will offer one month’s vehicle insurance free of charge to its customers in the wake Read more
Health Insurance article Health Insurance Portability-Customers Edge August 16, 2018 admin 1133 Views 0 Comments health insurance portability, Insurance Regulatory and Development Authority (IRDA), insured, insurer Abstract Insurance has been the area where more complaints arise about the insurance company. It is been often observed that Read more
IRDA in India Life insurers should not delay payment claims over discharge vouchers: IRDAI October 14, 2016 Bimabazaar- Adminstrator 909 Views 0 Comments CONDITIONAL, DIFFERENT, Insurance, insurer, IRDAI, policy The Insurance Regulatory and Development Authority of India (IRDAI) has directed life insurance companies not to withhold or delay payment Read more
Life Insurance News Banks selling life products can be a boost for insurance sector September 22, 2016 Bimabazaar- Adminstrator 975 Views 0 Comments Banks, birla, HDFC, Insurance, insurer, sector Insurers, particularly those promoted by non-banking companies, are likely to see a major boost in insurance distribution, as banks can Read more
General Insurance News New India Assurance targets global premium of Rs 20,800 crore in current fiscal July 7, 2016 Bimabazaar- Adminstrator 904 Views 0 Comments CMD, G Srinivasan, insurer, Investment, NIA, non-life, premium Country’s largest non-life insurer New India Assurance is targeting to achieve a global premium of Rs 20,800 crore in the Read more
Life Insurance News LIC holds strong banking linkages October 6, 2015 Bimabazaar- Adminstrator 946 Views 0 Comments financial crisis, insurer, LIC, loans, RBI, regulator Life Insurance Corp. of India or LIC is ranked as the country’s 11th largest insurer in terms of loans. Read more
General Insurance News New India Assurance records 42% increase in Q1 profit October 6, 2015 Bimabazaar- Adminstrator 873 Views 0 Comments Claims, fy 2016, G Srinivasan, insurer, NEW INDIA ASSURANCE, premium, profit, Qatar New India Assurance reported a 42 percent jump in net profit at Rs.441 crore in the first quarter ended Read more
International Insurance News Insurer Aetna to acquire Humana Inc September 7, 2015 Bimabazaar- Adminstrator 1256 Views 0 Comments Ace Ltd, aetna, chubby corp, health insurer, Humana Inc., insurer, obama, Swiss property Health insurer Aetna said it would buy smaller rival Humana Inc for about dollar 37 billion in cash and stock, Read more
IRDA in India IRDAI directs health cover discounts for claimants August 25, 2015 Bimabazaar- Adminstrator 937 Views 0 Comments claimants, helath insurance, insurer, IRDAI, policyholder, TPA The regulator IRDAI in an attempt to provide the best and cost effective services for the claimants has directed the Read more