IRDA NEWS: IRDA unveils online tool to compare insurance
The Insurance Regulatory and Development Authority (Irda) has introduced an online application that enables users to compare non-life insurance products of different insurers.
Premium of life insurers drops 3%
The total premium of life insurers dropped by 3 per cent to Rs 2,83,315 crore for 2011-12 compared to Rs 2,91,605 crore in the year ago period, as per the…
Rs 23 lakh compensation awarded to parents of accident victim
Family members of a 20-year-old girl, who was killed in a road accident, have been awarded a compensation of 118 per cent amount than the original claim, by the Motor…
Life insurance AUMs beat slowdown, up 9% in FY12
The total assets under management (AUM) of life insurers increased by 9% to R16,18,544 crore as on March 31, 2012, compared with R14,82,549 crore a year ago.
Kotak Mahindra Old Mutual launches Assured Protection Plan
Kotak Mahindra Old Mutual Life Insurance today launched a protection-cum-savings scheme, which offers cover till the age of 75 years.
MyInsuranceClub.com gets IRDA nod to be online web aggregator
MyInsuranceClub.com today said it has got regulatory approval to compare premiums and features of insurance policies online.
IRDA NEWS:IRDA changes advertisements norms for insurers
According to IRDA, the joint ads released should be filed with the regulator in seven days from the date of release
IRDA NEWS:IRDA suggests insurers to expand foreign operations
The Insurance Regulatory and Development Authority has suggested Indian insurers to spread their business abroad; as foreign insurers do.
IDBI Federal Life launches an affordable plan ‘Suvidha Savings Insurance’
Private sector life insurer IDBI Federal Life Insurance, recently, launched a participating endowment plan 'Suvidha Savings Insurance'.
Fanciful claim rejection: LIC pays Rs 4L
The LIC has been directed by a consumer forum to pay Rs four lakh to the widow of a life insurance policy holder for rejecting her claim on husband's death…