It was also agreed that the parties will make all efforts to ensure...
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Justice Surya Kant launches MP HC’s dashboard for motor accident claims
"The dashboard would serve as a central repository, where...
Insurance Scam: Madras HC orders 467 FIRs against fake motor accident claims
After a petition was filed in the Madras High Court by...
Case against Navi Mumbai man for selling fake vehicle insurance policies
The fraud came to light when an accident claim was filed for one of the vehicles. During verification, it was found the policy issued by the accused was fake, APMC police station’s sub-inspector Arun Bilare said Thane: The Navi Mumbai police have registered a case...
Ayushman Bharat world’s best health insurance scheme, credit goes to PM Modi: Jitendra Singh
"This is possibly the only health insurance scheme in the world which offers the option of seeking insurance cover even for a pre-existing disease, like for example, if today a person is detected having cancer, he can thereafter go and get himself insured to receive...
Parliament’s Monsoon Session from July 20 to August 11,`The Insurance Bill, 2023’ may be introduced
The session holds importance for the Indian insurance industry as the government is preparing `The Insurance Bill, 2023,’ that may be introduced in the Parliament during the monsoon session `The Insurance Bill, 2023,’ focusses on changing `The Insurance Act 1938' by...
IRDAI puts a 15-yr tenure cap for a pvt sector insurer’s CEO & WD, Rs 20 lakh annual pay cap for independent directors
IRDAI has fixed the maximum age limit for non-executive directors including the chairperson of the board at 75 years and after attaining the age of 75 years no person shall continue on the board of the insurer Hyderabad: Insurance regulator IRDAI on Friday said the...
ICICI Lombard General targets reduction of CR by 200 bps to 102.5 % by FY 2025: Dasgupta
Bhargav Dasgupta, MD & CEO, ICICI Lombard General Insurance `As part of a highly competitive market, where change is being driven constantly by digital players like Fintechs and Insurtechs, we believe that continuous reimagination of its technology and business...
World Bank approves $1.5 bln financing for India’s low-carbon transition
At the COP26 summit in Glasgow in 2021, India committed to an ambitious five-part "Panchamrit" pledge, including reaching 500 GW of non-fossil electricity capacity, to generate half of all energy requirements from renewables, to reduce emissions by 1 billion tons by...
Maha: HDFC Ergo General Insurance appointed to implement Centre’s crop insurance scheme in Akola
Earlier, Collector Nima Arora had recommended to the state government to blacklist ICICI Lombard in the district after a case was registered against 10 representatives of the company on March 21 at Khadan police station in Akola Akola: The administration has appointed...
Suicide by married males: SC to hear PIL for setting up of National Commission for Men
The plea filed by advocate Mahesh Kumar Tiwari has cited the National Crime Records Bureau (NCRB) data published in 2021 on accidental deaths in India which said 1,64,033 people died by suicide across the country that year. Out of these, 81,063 were married men, while...
Sebi finalising draft discussion paper over guidelines for ‘finfluencers’
''We are crystalising a discussion paper to regulate financial influencers. The paper should be ready for public comments in the next couple of months,'' said Sebi chairperson Madhabi Puri Buch With the number of such people thriving on social media platforms like...
Reliance Cap lenders vote in favour of Hinduja Group firm
However, according to sources, any decision on the resolution of Reliance Capital by the CoC will be subject to the outcome of the SC's judgement in the appeal filed by Torrent Investments. The resolution process of Reliance Capital was mired into litigation after the...