Institute of Actuaries of India (IAI) celebrated the platinum jubilee of the Indian Actuarial Profession. The celebration was attended by the veteran actuaries, chief actuaries, chief executives, chief financial officers…
"The budget attempts a balancing act of promoting long term growth while maintaining fiscal prudence given the constraints. It pursues long-term measures towards infrastructure development, higher education, technology adoption, etc.…
Several hundred cases and multiple deaths have been reported in the emerging coronavirus outbreak originating in the Chinese city of Wuhan. While most reported cases so far have been in…
Policyholders will be affected by changes in agent commissions and in their appointments Last week, after heated debate, Parliament finally approved the Insurance Laws (Amendment) Bill. Much of the…
Observing that an insurance company is not a local authority, the Bombay high court recently quashed and set aside the order of the Election Commission to requisition…
Eight years after the deluge of July 26, 2005, that brought Mumbai to a standstill, a city-based private firm will get Rs. 12 lakh from an insurance…
More than four decades after a truck ran over his legs and 30 years after he began his battle for compensation, a deaf and mute resident of Thane district has…
Insurance is a business of Probability, spreading of losses when the probable event takes place. Spreading the losses takes place in the agreed business participation by way of Insurance &…
District consumer forum asked Golden Trust Financial Services to pay the sum assured of Rs5,00,000 to one Sumi Tank with interest at the rate of 6 per cent for deficiency…
Natural disasters cost insurers USD 65 billion last year, with the United States accounting for nine-tenths of the bill and Superstorm Sandy prompting payouts of USD 25 billion, a leading…