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Why this article: Property (Material Damage) insurance, more traditionally known as Fire Insurance, is a basic insurance cover used by huge number of customers. The promise of true protection under…

Karnataka Bank has signed a Memorandum of Understanding (MoU) with Bajaj Allianz General Insurance Company for General Insurance business. With the agreement, the bank would be able to provide vast…

Banks for the first time have been made accountable for misselling third-party products like insurance policies or mutual fund schemes. Customers can also file complaints against banks for problems with mobile and…

In its 60th year of operation, ECGC has reduced the premium rate by an average 17% for its whole turnover policy covers. The average rate of premium under short term exporters'…

By reducing the instance of mis-selling, the life insurance industry has brought down the number of complaints by 40% to 1.22 lakh in 2016-17 from 2 lakh in 2015-16. The…

Gayatridham Phase II, a cooperative housing society, had taken a Standard Fire and Special Perils Insurance Policy from New India Assurance. The policy covered the building and residential flats for…

Recently Ministry of Health and Family Welfare, Government of India came out with the much awaited National Health Policy, 2017. The above policy comes in the wake of first National…

General Re, a part of Warren Buffet’s Berkshire Hathaway family of companies, has received the final approval — known as R3 — from the Insurance Regulatory and Development Authority of…

In Japan, where train travel can often be a perilous ordeal for women, an insurance company is reporting a sudden run on a policy that protects men falsely accused of…

Italy's Generali has put its 44 billion euro (38.77 billion pounds) German life insurance portfolio up for sale as it restructures in Europe. Morgan Stanley is evaluating options, including a…