Indian
IRDAI pulls up insurers for non- compliance of Insurance Ombudsman awards
IRDA has no plans to dismantle motor 3rd party tariff regime:Khuntia
When asked about any possibility of removing the third party motor segment from tariff regime S C Khuntia, Chairman, IRDAI, on the sidelines of the 20th Global Conference of Actuaries, said, “Often general insurers complain us that tariff was not adequate and they are bleeding due to the loss making portfolio.. However, if it is detariffed, a cut- throat competition will begin. We are looking at various options on the issue.’’
Panel with IRDAI and NHA officials to strengthen health insurance ecosystem
The terms of reference for the joint working group will be to have a National Repository of Empanelled Hospitals under Insurance/Government schemes with defined standards for quality and package rates and codes,defining hospital infrastructure and facility audits to understand capacity of hospitals, specialists availability and developing a roadmap to get one common list of accredited/ verified hospitals for the entire Industry including ROHINI, NHRR, NIN and PMJAY databases.
LIC Housing borrowers can now repay loan till 75, ties up with IMGC with extended tenure, mortgage guarantee
“We will also be able to tap into the large segment of employees working in SMEs, MSMEs, small entities and self-employed individuals who have so far been out of the ambit of prospective home loan borrowers. Through this LIC HFL would support the vision of Housing for All by 2022 of the Government of India,” Sah said.
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