5 factors that have boosted the used car Industry in India
The used car sector has flourished a lot in the past few years. Used cars that felt like a liability to most owners a few years ago, have now turned…
Secure your Family when you’re not around with Term Plans
Have you considered the financial repercussions to your family in case of your sudden demise? Most people plan their finances for various goals like marriage, children education, and retirement. Unfortunately,…
New India Assurance looking for merchant bankers to manage IPO
New India Assurance Company is looking for merchant bankers to manage its disinvestment through an initial public offering (IPO). Within a week of PSU reinsurer General Insurance Corporation (GIC Re) floating an RFP for merchant bankers, the…
Buying or Renting a Home? Don’t forget your home insurance
The hunt for your new dream home has finally ended! From the location of the house to the view from the balcony, everything seems perfect. You just need to sign…
SBI Life to begin re-valuation to sell additional 10 % stake
After agreeing to a deal to sell 3.9 per cent stake in SBI Life Insurance, its joint venture with BNP Cardiff, a French financial group, State Bank of India will…
LIC continues to pump money into divestment plan
Life Insurance Corporation of India (LIC) continues to be the lifeline for the central government's divestment plan. In the recent offer for sale (OFS) of NBCC, LIC is said to…
IRDAI extends deadline for premium payment
Denying the reports that individuals can deposit their insurance renewal premium in now defunct 500 and 1,000 currency notes, IRDAI has clarified that it has only granted extension of grace…
Former ship captain gets Rs 1 crore compensation
Motor Accident Claims Tribunal has directed an insurance firm and a tempo owner to jointly pay a compensation of Rs 1.03 crore to the family of a former ship captain…
Claims from ATM management companies increasing
Insurance companies are seeing a spike in claims from cash management companies that deploy and maintain ATMs. The nature of the claims is not just robbing of ATMs, but also…
Insurance companies keep policyholders in dark
A district consumer forum has said it has commonly seen that insurance companies at the time of issuance of policy "keep people in the dark" on terms and conditions but…