The Insurance Times Journal

LIC has finally got the green signal from all of its Stakeholders to hold S1% shares in IDBI Bank and most of the formalities have also been completed. LICI may…

Whereas, M/s Edelweiss General Insurance Company Limited (M/s EGICL) was granted Registration by the Insurance Regulatory and Development Authority of India (the Authority) to conduct general insurance business in India…

The new distribution channel of Insurance Marketing Firm (IMF) was introduced in 2015 by IRDAI, with the objective of increasing insurance penetration in the country through an area-wise registration approach.…

1. This circular is issued under the powers granted to the Authority under subsection 2(e) of Section 14 of the IRDA Act, 1999. 2. Reference is drawn to the provisions…

Subhash vs. United India Insurance Mr. Subhash, the complainant has stated that his motorcycle was stolen on 03.11.2015 and though he had submitted all the required documents to the insurer,…

Mr. Umesh Guglani, the complainant has stated in his complaint that his car was stolen on 24.12.2016. He had submitted all the required documents to the insurer but his claim…

Mr. Hitesh Khushalani vs IFFCO Tokio Insurance Claim for theft of two wheeler vehicle was rejected on the ground that the intimation of the theft was not given to the…

The complainant had purchased a second hand car and the ownership of the vehicle was transferred in his name in the books of the RTO.on 24.11.5015 a day before the…

The complaint was regarding deduction made from the car repairing claim after accidental damage. Claim made for Rs.19854/- was settled for RS.12381. The insurer could prove that the amount was…

The Complainant’s Scooter was stolen on 10.05.2016 when it was parked near his shop at Kamal Complex, I.O.C. Road, Chandkheda, Ahmedabad. The intimation of theft of vehicle was given by…