International practices of Motor insurance and world scenario of settling motor third party liability
There are different practices of dealing with motor third party liability across the world. Some practices are defined here as follow:
Surveyor Examinations – May,2013 by III
All the applicants enrolled with Insurance Regulatory & Development Authority (IRDA) as Trainee Surveyors upto 30th June, 2012 (Training Enrollment #8397 to 8643) who have submitted their quarterly training reports…
Dealers welcome RBI’s move to deepen corporate bond markets
The Reserve Bank of India's move to allow standalone primary dealers (PDs) to obtain funding and invest more in corporate bond markets is expected to increase volumes in a priority…
IRDAI’ s proposed application form may be difficult for consumers
Life insurers said that the seven pages draft application form proposed by IRDA (Insurance Regulatory and Development Authority) to facilitate need-based selling is too complex, according to media reports.
Religare Health Insurance plans to open new branches
Religare Health Insurance recently said that it plans to introduce products in critical illness, maternity and lifestyle-related categories. The insurer also plans to open around 30 branches across India as…
India Network Health Insurance Announces Visitor Medical Insurance Comprehensive Plan
India Network Services announced today comparable benefits for both network based and out-of-network providers with its recently introduced Platinum Comprehensive Insurance plan to help visitors cope with unexpected medical bills…
Car, truck insurance premiums set to go up
Your car/truck insurance bills are set to go up. This could happen as insurance companies may hike premiums by as much as 40 per cent for commercial vehicles and 10…
Insurers raise a toast to state bonds
State government bonds – more popularly called state development loans (SDLs) – seem to be the red-hot favourite for insurers and pension fund managers when it comes to investment returns.
Bajaj Allianz eyes Rs 4,000-cr premium in FY’13
Private sector insurer Bajaj Allianz General Insurance hopes to close the current fiscal with a gross premium of Rs 4,000 crore.
Royal Sundaram Alliance Insurance launches Commercial Vehicles insurance online
Royal Sundaram Alliance Insurance Company Limited, in its endeavor to offer customer convenience, successfully launched its commercial vehicle insurance on the online platform. The service will enable customers to buy…