A 56-year-old housewife, who suffered permanent disability in a road mishap involving a rashly-driven car three years ago, has been awarded over Rs 2.12 lakh as compensation by a Motor…
Government is expected to encourage competition as it creates efficiency in the economy. Following the 1990s reforms, the insurance sector was deregulated and private sector firms were allowed to operate…
Private insurer Shriram Life Insurance Company recently launched a new 'Money Back Term Plan', a 'non-linked, non-participating' assurance life cover.
The finance ministry’s proposal that insurers won’t be able to question, and as a result, reject claims on the grounds of mis-statement or non-disclosure of facts after three years is…
The finance ministry’s proposal that insurers won’t be able to question, and as a result, reject claims on the grounds of mis-statement or non-disclosure of facts after three years is…
The total premium collections of the life insurance industry in the country have gone down by 4.2 per cent in the first six months of the current fiscal to Rs…
Battery-maker Exide Industries is looking to buy out ING’s 26 per cent stake in its Indian life insurance venture, ING Life, two sources close to the development told NDTV. The…
A road mishap victim's widow has been awarded nearly Rs seven lakh as compensation by a Motor Accident Claims Tribunal (MACT) here.
Home and business owners across a dozen US states awoke to an unpleasant reality recently: Significant portions of their property damage caused by flooding from hurricane Sandy are unlikely to…
Days after general insurers aired their concerns over losses from third party motor insurance, the finance ministry has issued guidelines for settling such cases that would help reduce their liability…