Law in India relating to Property Insurance
A home is a place, which provides every person the warmth and peace that one looks forward to at the end of a hard day's work. However, every home can…
Chubb joins hands with Grab to Launch In-App Travel Cover
Chubb, Zurich-based world’s largest publicly traded property and casualty insurance company, has joined with Grab in order to launch Travel Cover. Grab is one of the one of the leading…
Bajaj Allianz Life reintroduces Plank Initiative, #PlankForIndia
Bajaj Allianz Life is on the continous move for making effort increase the health concerns among the common people, by bringing their immensely popular Plank Initiative, #PlankForIndia. Chandramohan Mehra, Chief…
Institute Of Actuaries Of India all set to organise the 21th Global Conference of Actuaries
Institute of Actuaries of India (IAI) is a statutory body established under The Actuaries of Act 2006 (35 of 2006) for regulation and development of profession of Actuaries in India.…
IRDAI proposes ‘life-long renewability’ for Arogya Sanjeevani Policy
A unique provision of ‘life-long renewability’ has been stipulated by IRDAI with no exit age for its new health insurance scheme, Arogya Sanjeevani Policy. Presently, insurance companies offer health insurance…
LIC expects to grow by 20% in FY20: Chairman MR Kumar
LIC chairman M R Kumar said that the insurance company is growing at 18% and is expected to grow at 20% in terms of the number of policies, with the…
IRDAI penalizes Maruti Insurance Brokers for violating norms
A penalty of Rs 3 crore has been levied on Maruti lnsurance Brokers Pvt Limited (MIBL) by IRDAI in the context of various regulatory norms. MIBL is the largest insurance…
Deposit Insurance Corp receives claims of about Rs 14,100 crore
As per RBI, a total claim of about Rs 14,100 crore has been received by the Deposit Insurance and Credit Guarantee Corporation (DICGC), in case of defaulting co-operative banks amid…
DARAG partners with Lioyd’s syndicate for reinsurance agreement
DARAG Group Limited has announced agreement with Lloyd’s syndicate in order to offer reinsurance for a US liability book. The reinsurance will be provided through DARAG’s Maltese risk carrier, DARAG…
Max Life Insurance appoints Charandeep David as new Corporate Vice President of HR
Max Life Insurance has appointed Charandeep David as the Corporate Vice President of HR. Charandeep has previously led the Learning & Development function at OYO. "The culture at Max Life…