Disaster Management
Disaster Management is the discipline of dealing with and avoiding risks. It is a discipline that involves preparing for disaster before it occurs and supporting and rebuilding…
E-mail spoofing using the domain irda.gov.org
From IRDA: It has come to our notice that certain unscrupulous entities/persons have allegedly attempted to cheat the policy holders of some insurance companies by impersonating as representatives/officials/employees of the…
POST GRADUATE DIPLOMA ON HEALTH INSURANCE IN COLLABORATION WITH UNIVERSITY OF MUMBAI
Health insurance has become a vital component of the Indian insurance industry and is growing at a fast pace. It is now treated as a separate category by IRDA. Considering…
Deadline of 60 days for- Life insurance payouts
At present the mandate demands that all claims have to be settled within six months, and most insurers stick to this limit but there have been several…
Tata AIA life joins hands with Citibank
Tata AIA Life insurance company has entered into a bancassurance partnership with Citibank to offer its products through the bank channel. Naveen Tahilyani, CEO & Managing Director, Tata AIA…
One out of every five Private life Insurance claims rejected
Insurance Fraud has not been seriously addressed in India Insurers say they are forced to reject - or repudiate, in industry parlance - a lot of claims due to suppression…
LIC lags private insurers in claims settlement
The Insurance Regulatory and Development Authority of India in its annual report 2013-14 has declared that Life Insurance Corporation of India has outshined its private peers in settling death claims…
Higher FDI will benefit insurers: Moody’s
The Moody's Investors Service believes that a higher foreign investment limit is "credit positive" for India's insurers as it will bring in fresh capital to strengthen their…
Govt staff, tax payers not eligible under PMJDY
The Financial Services Department of the Finance Ministry has prepared detailed guidelines for the scheme launched by the Prime Minister on August 28 named as Pradhan Mantri Jan Dhan Yojana…
Excise duty in vehicles segment fades insurers’ hope
The General Insurance sector which had hoped for a revival of the sales of automobiles in the last quarter on account of higher purchase of motor insurance policies, would likely…