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Now insurers don’t need a surveyor to settle Cyber,Motor theft,Crop claims:IRDAI

Nov 19, 2019

Any claims, in respect of loss or damage to crop, trees, plantations and forests which are covered by the Government sponsored Schemes and ciams under policies of motor vehicle insurance wherein the claim is on account of theft or injury/death to third parties, can  be settled without appointing a certified surveyor

Broking houses downgrade stocks of GIC Re & New India Assurance

Nov 18, 2019

“Underwriting losses narrowed marginally sequentially to around Rs 1,100 crore. Health (Rs 450 crore, 44.3 percent share) and motor (Rs 270 crore, 26.4 percent share) continue to report highest losses. NIACL continues to write low margin group health and government business leading to higher losses in health,” HDFC Securities said.

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