Asean, a not-for-profit organisation that runs Faridabad-based Asean Institute of Insurance and Risk Management (AIIRM), along with insurance companies is holding talks with various state governments for setting up an…
The Supreme Court ruled last week that an insurance policy of a motor vehicle did not cover employees of a person who hired the vehicle to carry goods. “Someone who…
Have you ever wondered why people with diabetes are able to get term life insurance but not health insurance? An anguished post on the Apnapaisa website says: “I am 40…
The State government has notified nine crops sown in the Rabi season in 15 districts in 2012-13 under the weather-based crop insurance scheme. It is aimed at providing insurance to farmers…
The government is in talks with capital markets regulator SEBI and insurance body IRDA to ensure that mutual funds and insurance firms are also allowed to enter the commodity futures…
Car owners may soon be able to insure their vehicles for two years at one time, a move that will help increase premium income for insurers and will benefit customers…
Life Insurance Corp, the country's biggest institutional investor, has turned contrarian, taking Rs 11,000-crore profit off the table from share sale this year at a time global funds have invested…
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Unplanned injurious or damaging event which interrupts the normal progress of an activity. An accident may be seen as resulting from a failure to identify a hazard or from some…
The 1988 Act requires issue of a Certificate of Insurance by the insurers as proof of Third party insurance to satisfy the requirements of Chapter XI of the Act. The…