Insurance companies have been believed to be the largest source of funds for non-banking financial companies (NBFCs) as compared to scheduled commercial banks (SCBs), which were earlier their major…
The Irdai had recently notified that in health insurance policies with co-payment or the deductible conditions, the insurer or the third party administrator (TPA) should ensure that the co-payment…
Insurers are staying away from tier-1 perpetual bonds issued by banks because of the lack of liquidity in the instrument and pricing issues in it. Insurance companies also say as…
The government is nudging India's largest local investor, the state-owned Life Insurance Corporation, to exercise greater control, including seeking more board seats if needed, in some of…
The government has put on hold its plan to list state-run general insurers, with the finance ministry taking the view that the current financial health of these companies is not…
Is a risk, good or bad? In insurance business, like in all the others, threats and opportunities are intertwined, and co-exist in the external environment. If a risk is perceived,…
A relationship of trust and mutual respect for each other rights would definitely result in loss minimization of motor claims.
From the age of Lloyds, who have introduced Marine branch as one of the branches of General Insurance Business, most of the Insurers do not prefer to underwrite Marine Hull…