Motor Insurance: Sold car/bought car? ‘Pay compensation’
A Motor Accident Claims Tribunal (MACT) has held both the original owner and a subsequent purchaser of an uninsured vehicle involved in  road mishap liable to pay compensation to the…
International Insurance News: UnitedHealth to buy most of Brazil’s Amil for $4.9 bln
UnitedHealth Group Inc will buy control of Amil Participacoes SA, Brazil's largest health insurer and hospital operator, for $4.9 Â billion, making a bold move into a fast-growing market as challenges…
Health Insurance: Private hospitals will have to display treatment costs
In a major move aimed at checking unnecessary medical tests and procedures, the health ministry on Sunday said it was working  on a plan to make it mandatory for all…
Health Insurance: Group health insurance without employer backing to be a reality
IN AN attempt to increase health insurance penetraÂtion, insurance regulator may shortly allow group health insurance for homogÂenous groups without emÂployer-employee relation.
TATA AIA Life Insurance appoints Mukesh Dhawan as Deputy Chief Executive Officer and Chief Distribution Officer
Mr. Dhawan brings to the table unique perspective and depth of experience by the virtue of working with the insurance industry in India as well as other key markets in…
Life Insurance: Tax dept to recover Rs. 3 bn tax from life insurers: Reports
Life insurers agreed that there have been enquiries about commission paid to corporate agents
IRDA slaps penalty of Rs 76 lakh on Metlife Insurance
Insurance regulator IRDA has imposed a penalty of Rs 76 lakh on Met Life India Insurance Company for violation of various regulations, Â including gaps in policy administration system. "...I hereby…
Insurance sector needs $5-6 bn in immediate future: FM
Making a strong case for raising FDI cap in insurance sector, Finance Minister P Chidambaram said the industry requires USD 5-6 Â billion capital in the immediate run. "Every company already…
Retirement planning: Insurance as tool
This is a question that seems to be on the minds of many people. With the provision in the Direct Taxes Code of getting a tax rebate of R3 lakh…
S B Mathur-Ex-LIC chief, joined as a part-time IRDA member
The government has notified appointment of S B Mathur, former chairman of Life Insurance Corporation, as a part-time member of the  Insurance Regulatory and Development Authority. Mathur has been appointed…