Penalty on Central bank of India for violating norms
IRDA has imposed penalty of Rs. 5 lacs on Central bank of India for violating provisions of IRDA Act.
Penalty on CHOLAMANDALAM Ms GENERAL INSURANCE
IRDA has imposed penalty of Rs. 5 lacs on Cholamandalam General Insurance Co. Ltd for violating provisions of IRDA Act.
Recruitment Notification for the Posts of Senior Joint Director in IRDA
Applications are invited for the following posts in the Insurance Regulatory and Development Authority, Hyderabad
Forum Penalises ICICI Lombard General Insurance Co. Ltd
The Consumer Disputes Redressal Forum, Ahmedabad City, deciding on a complaint filed by Consumer Education and Research Society (CERS) and Deepak Kanayalal Khatwani, has directed ICICI Lombard General Insurance Company…
Performance Audit by CAG for PSU insurers
Insurance industry in India registered substantial growth after enactment of Insurance Regulatory Development Authority Act in 1999. This industry today functions in a highly competitive environment.
CA Institute signs MOU for Insurance against Professional Indemnity for CAs
CA. Amarjit Chopra, President, ICAI has signed an MOU with New India Assurance Co. Ltd. on 10th February 2011 extending facility for insurance against professional indemnity for members and CA…
Portability of Health Insurance Policies
IRDA Circular In general, health insurance policies have specific exclusions for pre-existing diseases for a specified period of cover during the initial years. However, it has been observed that in…
File and Use procedure for Insurance schemes sponsored by Governments
All the insurers are required to comply with the File and Use procedure for each product that is being offered in the market.
Exposure Draft on Amalgamation of Non Life Insurance Co.
Section 35 of the Insurance Act, 1938 lays down the framework for amalgamation and transfer of life insurance companies. However, a similar provision is not available in case of non-life…
UNITED INDIA INSURANCE RECEIVES SKOTCH FINANCIAL INCLUSION AWARD 2011
Shri G.Srinivasan,CMD,United India Insurance Company received “SKOCH Financial Inclusion Award 2011†from Shri K C Chakrabarty, Deputy Governor, Reserve Bank of India.