Introduction: The Government of India has announced Pradhan Mantri Vaya Vandana Yojana for citizen aged 60 years and above. LIC of India has been given the sole privilege to operate…
Underwriting and claims settlement are the two most important aspects in the functioning of an insurance company. In the present highly competitive and economically challenging environment, claims settlement can serve…
Background Insurance Companies in India are to keep reserves to meet the future liabilities, these reserves are kept based on prudential regulatory norms. However, regulators also prescribe additional money that…
DRONE is popularly known as an abbreviated form of Dynamic Remotely Operated Navigation Equipment. A UAV is defined as a "powered, aerial vehicle that does not carry a human operator,…
GIC Re successfully completed its maiden IPO which was subscribed to the extent of 1.90 times. This will increase the visibility of the company among the masses. Newindia Assurance has…