Religare Health Insurance mulls expansion
The health insurance arm of Religare group, Religare Health Insurance, collected Rs 23 crore in premium in seven months of entering the business in July 2012 covering 94,000 lives and…
No insurance cover for organ donors
Srinidhi (name changed), a housewife, donated a part of her liver to her husband a few years ago. Even though she has no complications and is perfectly healthy, she was…
Bid to offer extra tax sop on insurance
The finance ministry is planning to offer tax relief of up to Rs 50,000 on savings in pension and insurance products over and above the exemption of Rs 1 lakh…
Forum slaps Rs 24 lakh fine on insurance firm
Refusal to honour a claim has cost an insurance company dear, with the Maharashtra State Consumer forum slapping a hefty fine of Rs 24.3 lakh over and above the claim…
General Insurance Surveyors; Who should decide on the survey fees?
General Insurance Surveyors, also referred to as Surveyor & Loss Assessors, or SLA in short, are qualified, licensed & independent professionals.  The Surveyor & Loss Assessor's license is granted by…
Jald Rahat Yojana is an unique Pre-litigation Scheme for settlement of Third Party Motor Insurance Claim
Nature of Jald Rahat Yojana - The Jald Rahat Yojana came into with effect from 14 th March. 1992. This is a Pre-litigation Scheme for settlement of Third Party Motor…
Birla Sun Life launches BSLI Vision LifeIncome
Private insurer Birla Sun Life Insurance launched its first participating plan, BSLI Vision LifeIncome, offering regular guaranteed payouts, long-term savings and life Insurance benefit.
India’s reinsurer calls for support of all cedents
General Insurance Corporation of India, the country's sole reinsurer, has called for the understanding and support of all cedents at the 6th India Rendezvous, reports Asia Insurance Review.
IRDA chief race opens up anew?
The race for the post of the chairman of Insurance Regulatory Development Authority (IRDA) may not be a done deal yet. The Central Vigilance Commission (CVC), it seems, is frowning at…
RELIANCE LIFE INSURANCE LAUNCHES SUPER ENDOWMENT PLAN
Reliance Life Insurance Company (RLIC), a part of Reliance Capital Limited, recently announced the launch of Reliance Life Insurance Super Endowment Plan, a non-linked non-participating plan that offers guaranteed life…