BUNGA MELATI DUA– PIRATE ATTACK!! MARINE INSURANCE!!!!!!!!!
Marine insurance is one of the earliest forms of insurance type in the history. Its importance continues because of the massive sea trade traffic. Almost 80% of the world trade…
TAKE AWAYS FROM THE UNION BUDGET 2024-25- MUSINGS FROM AN INSURANCE PENSIONER
The entire nation heard the Union Finance Budget presented by our Honourable Finance Minister at the Parliament on July 23 2024. As always, different viewpoints emerged- some praising the Budget,…
Care contests IRDAI’s power to regulate stock options
The controversy over Care Health Insurance Ltd's award of hefty stock options to its chairperson Rashmi Saluja has taken a turn that may delay the billionaire Burman family's bid to…
Woman ‘dies’ twice as hubby son claim Rs. 1.1 crore insurance
In an insurance fraud involving Rs 1.1 crore in claims of which close to Rs 70 lakh was already received, a 45-year-old woman from Bhayander, Kanchan Pai, also known as…
Future Generali India Insurance launched Disability Income Protection insurance Plan
In a first of its kind initiative, Future Generali India Insurance (FGII) has launched Disability Income Protection insurance to provide financial security to its customers in the event of a…
Insurance for all in Ayushman seniors’ family in Government plans
The Centre is exploring a dozen different models to extend the benefits of its marquee free healthcare insurance scheme-Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY)-to senior citizens, according…
Goods Vehicle Insurers Liable for Passenger Accident Claims
Insurance companies must compensate victims of motor accidents, even if the passengers were travelling illegally in a goods vehicle, Gujarat HC has ruled. The insurer can later recover the amount…
Zurich Insurance to increase India staff
Zurich Insurance Group AG plans to increase headcount in India by 40% over the next three years, adding 600 people following its acquisition of a majority stake in Kotak Mahindra…
NCDRC Orders Reliance Life Insurance Company To Pay Rs 1 Crore And 50k Litigation Costs.
Nirmala Devi vs Reliance Life Insurance Com Summary The National Consumer Disputes Redressal Commission (NCDRC) has ordered Reliance Life Insurance Company to reimburse the nominee of the deceased life assured…
Bank and Insurance Company Held Liable for Misplaced Cheque
Surjit Singh vs Punjab Gramin Bank and Anr. Summary The District Consumer Disputes Redressal Commission in Gurdaspur, Punjab, found Punjab Gramin Bank and Bajaj Allianz Life Insurance Company accountable for…