India will ensure its refiners have insurance for plants that run crude from Iran, a government source said recently, allaying fears that imports from the sanctions-hit country may have to…
Buying insurance policies could become more attractive from next fiscal, with the government poring over various options to boost the sector, which has been trailing other financial services like banking.
From the next fiscal, insurance companies will have to maintain a solvency margin of 145% instead of the 150%. The Insurance Regulatory and Development Authority (Irda) has decided to move…
About 15 lakh Mumbaikars who paid a significant portion of the Rs 2,156 crore collected in property tax this year are likely to get a unique gift from the city's…
A large number of registered workers under various agencies like DMRC, NBCC, PWD and CPWD were given passbooks at a function jointly organised by Delhi government and the Centre.
The final guidelines on traditional life insurance products, which are in the final stages of consultation, are likely to be announced after the meeting of the insurance advisory committee that…
MRPL and Chennai Petroleum Corporation are facing a crisis situation with reinsurers stating that their coverage will not be available to any company processing Iranian crude. While both these refiners…
A district consumer disputes forum has asked ICICI Lombard General Insurance to pay one of its clients Rs 3,25,000 for denying an insurance claim on grounds that the backseat passenger…
Dr Jayant Jadhav thought that he had won the battle when he underwent a life-saving bariatric surgery. For the 57-year-old orthopaedic surgeon, who weighed 98kg and suffered from uncontrolled diabetes…
Finance Minister P Chidambaram plans to introduce the insurance and pension bills in the Budget session of Parliament as he is optimistic of securing the opposition's support on the contentious…