Modeling Insurance Actions and Behavior in Asia
Milliman recently conducted a study on modelling management actions and policyholder behaviour based on a survey with 33 insurers covering six countries in Asia. While distribution of the full report…
Milliman recently conducted a study on modelling management actions and policyholder behaviour based on a survey with 33 insurers covering six countries in Asia. While distribution of the full report…
Prashant Warankar had taken a mediclaim policy from New India Assurance which covered him and four of his family members. Prior to taking the policy, Prashant's father, Pradeep, was subjected…
An insurance policy is a contract. Its terms are binding on the parties. Once the conditions are interpreted in a particular manner, can the insurer issue an administrative circular to…
In the matter of M/s United India Insurance Company Limited Vs Jai Parkash Tayal (RFA 610/2016 & CM Nos. 45832/2017) Hon’ble High Court of Delhi at New Delhi held that…
This is to bring your kind attention to the Regulation 5 of IRDAI (Registration and Operations of Branch Offices of Foreign Reinsurers other than Lloyd’s) (First Amendment) Regulations, 2016 dated…
The Finance Ministry has finally appointed Subhash Chandra Khuntia as the new chairman of IRDAI. Lot of speculation has been going around since the past few months whether the new…
United India Insurance has posted a profit of Rs. 1003 crores for the year ended 31st March, 2018 which is a healthy trend. PSU insurers have been struggling with underwriting…
When I heard that the Finance Minister, Arun Jaitley, had announced Rs. 5 lakh cover to 10 crore families, translating to 50 crore people, I thought he had mistakenly added…
Key Highlights Policy Can be bought by Housing societies and Individual home/flat owners Covers risk against Fire, Flood, Earthquake, Lighting, Explosion, Inundation, Storm, Riot, Strike, Terrorism (optional) etc.. Get Policy…
Overview Aviva Dhan Samruddhi is a traditional life insurance plan that gives guaranteed cash back every 5 years in addition to guaranteed maturity benefit, to meet your short and long…