August 11 2016
The IRDAI says that firms that have completed 8 and 10 years in general and life insurance respectively have to go for mandatory listing on the stock market.
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September 12 2016
IRDAI has introduced e-forms for life and motor insurance policyholders and these are to be issued starting 1st October 2016 for convenience.
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September 10 2016
Following the huge success of their new insurance scheme, the IRCTC plans to extend their rail travel insurance for local commuters of the Mumbai.
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August 10 2016
The IRDAI is planning to introduce premium financing in non-life insurance sector. This means, customers may be able to pay the premium in installments.
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August 04 2016
With theriseof injuries and fatalities on Indian roads, the Motor Vehicle Amendment Bill focuses on instilling a greater sense of responsibility and awareness by imposing hefty fines.
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August 06 2016
The Goods and Services Tax (GST), hailed essential for the modern times to standardise tax rates across the centre and state, is bound toincrease insurance costs.
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September 08 2016
A positive response was seen towards the railway insurance plan offered by IRCTC in partnership with general insurance providers to give passengers a maximum cover of ₹ 10 lakh.
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August 08 2016
As per a recent bill proposed in the parliament, certain amendments are suggested to the Motor Vehicle Act, which could result in hike in third party premium.
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July 13 2016
The GIC will provide a free software module to insurance companies to detect fraudulent claims, as per a recent report.
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August 01 2016
ICICI Lombard became the first private non-life insurer to raise funds by issuing non-convertible debenture bonds through private placement.
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