ICICI Prudential Life Insurance and Saraswat Co-operative Bank have signed a bancassurance partnership. Through this partnership, over 280 Saraswat Bank branches in Maharashtra, Goa, Gujarat, Delhi, Madhya Pradesh and Karnataka…
A motor accidents claims tribunal has asked the Thana Municipal Corporation in Maharashtra to pay a compensation of Rs. 60 lakh to the family of a traffic policeman who died…
With PMJAY, about Rs. 20,000 crore will be pumped into the healthcare sector which will make it possible for medical infrastructure to improve even in smaller cities and towns. Demand…
After enactment of IRDA Act, 1999, IRDAI was empowered to grant license to Surveyors and loss assessors. In the year 2001-02, Authority carried out the one-time exercise of categorization of…
Mental health disorders are on the rise in every country in the world and could cost the global economy up to $16 trillion between 2010 and 2030 if a collective…
At least 98 two-wheeler riders without helmets died daily in 2017 while another 79 car occupants lost their lives every day in accidents because they were not wearing seatbelts, according…
IRDAI has said that HIV-positive individuals cannot be denied insurance cover, unless supported by actuarial studies. The regulator has asked insurers to stop discriminating against persons with HIV/AIDS. IRDAI has…
The Insurance Regulatory and Development Authority (IRDAI) has raised the minimum insurance cover for owner-driver to Rs 15 lakh for a premium of Rs 750 per annum. Currently, the capital…
ICICI Lombard, has automated its claim investigation process for retail health insurance. Currently, as much as 15 per cent of the retail health claims go for investigation. “This has been…
Employers and employees alike in the UK are becoming aware of the need to talk about mental health at work. The UK Government last year commissioned a review on the…