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Cholamandalam GI and Toyota Tsusho lnsurance Broker penalised for violating MISP norms
CCI looks into allegation against Maruti Suzuki over car insurance: Report
The Competition Commission of India (CCI) in June last year received an anonymous complaint alleging insurance plans recommended by Maruti while selling cars resulted in customers paying more compared with other options in the market.Based on the complaint, the CCI is assessing whether Maruti has engaged in so-called “tie-in arrangements”, in which a car maker promotes preferred suppliers of complementary goods such as lubricants or insurance, the sources said.
IRDAI penalises Malaysian brokers for cheating TATA-AIG in Rs 300 cr crop reinsurance deal
It all started when TATA-AIG General, which has since exited the crop insurance business after losing money heavily in the deal, made a complaint to IRDAI against Unison lnsurance Broker on Dec 21,2018 alleging fraud in reinsurance placement pertaining to crop insurance,with a premium of around Rs 300 crore in Rajasthan cluster for Kharif 2018.
Markel appoints Anirudh Singh as chief underwriting officer in India
Mumbai: Markel International, the specialist insurer, has...
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