2 insurance agents held for cheating
Two persons were arrested for allegedly cheating people by posing as executives of an insurance company.
India’s ranking in world insurance market drops four places
India's ranking in the world insurance market has dropped four places from number 11 in 2010 to number 15 in 2011 because of a sharp drop in life insurance business…
10% cars in India run without compulsory third party insurance cover
Concerned at the low number of vehicle owners going for Third Party Insurance in India, the Ministry of Road Transport and Highways (MORTH) is putting together a data of all…
BJP against more FDI in insurance, pension: Yashwant Sinha
Opposition BJP in Maharashtra on Saturday said foreign investment in every sector was not a remedy to the current ills of the economy and it would oppose raising of FDI…
Govt may consider raising FDI cap in insurance to 49 Percent
To give a push to reforms, the government may consider raising foreign direct investment limit in the insurance sector to 49 per cent from the existing 26 per cent.
Insurance Companies may come out with IPO
The government has set the ball rolling for the listing of two general insurance companies by asking the General Insurance Corporation (GIC Re) and New India Assurance (NIA) to start…
Tata AIG Life Insurance Company will now be known as Tata AIA Life Insurance Company
Tata AIG Life Insurance Company Limited, the life insurance joint venture formed by Tata Sons and AIA Group Limited (AIA), announced that it has changed its name to Tata AIA…
Cashless care for accident victims
Victims of road accidents can no longer be turned away by hospitals for not carrying enough cash.
Weather-based crop insurance policy introduced
A weather-based crop insurance policy will be introduced in the Kolar district during the current monsoon.
Medical insurance claims racket busted
The police on Thursday arrested three persons after busting a racket of claiming reimbursement of medical expenses by presenting fake documents of insurance and hospital bills.