Health Insurance Portability-Customers Edge
Abstract Insurance has been the area where more complaints arise about the insurance company. It is been often observed that insured is not satisfied with his current insurance company thus…
Irdai in favour of minimising exclusions in health insurance cover
In a move to benefit policyholders, IRDAI said it has started the exercise to minimise the number of illness/diseases which are not covered under the health insurance policies. The IRDAI…
UNINSURED AND UNDERINSURED MOTOR VEHICLES IN INDIA
Almost a third of cars on Indian roads may not have mandatory third-party liability insurance, according to analysis by insurance companies. The insurance companies exposed the cover shortfall by comparing…
US President stops billions in Insurance payments under Obamacare
The Donald Trump administration halted billions of dollars in payments to health insurers under the Obamacare healthcare law, saying that a recent federal court ruling prevents the money from being…
Constitution of Working Group for revisiting the Surveyor Regulations
This has reference to the seminar conducted by the Authority for Corporate Surveyors on 27.03.2018 and the meeting had with Hon’ble Chairman on 28.05.2018. During the aforesaid discussions, various issues…
ICICI Lombard net profit jumps 35%
ICICI Lombard General Insurance registered a 35.1 per cent increase in net profit in the quarter ended June 30 at Rs. 289 crore as against profit of Rs. 214 crore…
Supreme Court asks for mandatory Third party insurance for two, four-wheelers
The Supreme Court has said third party insurance of four-wheelers and two-wheelers be made "mandatory" so that victims of road accidents could get compensation and insurance firms should look into it from a "human…
Disclosure of information/details under Fit & Proper norms under Reg. 13(1) (b) of IRDAI (Insurance surveyors and Loss Assessors Regulations), 2015
Attention is drawn to the Chapter II Licensing Procedure Reg. 3 and Reg. 4 of IRDAI (Insurance surveyors and Loss Assessors Regulations), 2015 which includes “fit & proper criteria” for…
SAFED TRUTH OF SAFED MUSLI
Introduction: Safed Musli is found in tropical climates of the world. It is found mainly in India, America, and Australia. Safed Musli is a traditional medicinal plant in India. Its…
Max Life Insurance to Distribute Rs. 1,084 Crore as Bonus to its Participating Policyholders
Bonus for 12-month period crosses Rs. 1,000 crore mark for the first time Max Life Insurance, one of the leading life insurance companies of India, announced bonus for its participating…