Premium for renewal of mediclaim policy with domiciliary
For Bank retirees, the premium for mediclaim policies with domiciliary benefits may go up when renewal is due in November, as the existing mediclaim insurance policy for retired employees and…
Public Issue from SBI subsidiaries
SBI plans listing of its subsidiaries soon involving an initial public offer (IPO) for its credit card, mutual fund or investment banking arm. Bank's chairman Arundhati Bhattacharya while announcing the…
Motor covers can now be sold via dealers
Recently IRDAI allowed all general insurers to sell motor cover policies through auto dealer networks by offering differential pricing. Earlier, it was mandatory for customers to buy auto insurance from…
Symposium on “How to strengthen the hands Insurance Institute of India”
On the occasion of Teachers Day on 5th September 2017, Kolkata Insurance Institute organised a symposium on How to strengthen the hands Insurance Institute of India by various activities. The…
Life Insurers asked to maintain transparency in publishing death claims paid
IRDA directed the Life Insurers, via a circular to follow transparency in projecting death claim settlement in advertisements. The circular mentions, “It has been observed that insurers are following different…
PNB MetLife’s listing plans
PNB MetLife could be valued at over Rs. 8,000 crores and would be the 4th life insurance company to list on stock exchanges as the company looks to raise funds.…
Updates in crop insurance scheme
After one year of launch, the farm insurance scheme is under revamp with the focus on increasing competition among insurers and lowering the average premium. It also aims to widen…
UNDERWRITING & CLAIMS SUMMIT 2017, Held on 19th-20th September, Mumbai
Underwriting & Claims Summit 2017 held on the 19 th & 20 th of September in Mumbai was one such distinctive conference that set the platform for some of the…