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ICICI Lombard Upgrading Fraud Detection To Stem Fraudulent Claims

March 2018

Increasing incidences of fraudulent claims has led ICICI Lombard to strengthen their fraud detection processes

ICICI Lombard Upgrading Fraud Detection To Stem Fraudulent Claims

March 31 2018

Increasing incidences of fraudulent claims has led ICICI Lombard to strengthen their fraud detection processes

February 02 2021

The Government of India has proposed a hike in the limit or cap on Foreign Direct Investment (FDI) in the insurance sector to 74% from the existing 49%. The decision was announced by the Finance Minister of India, Mrs Nirmala Sitharaman, during her budget speech in the parliament on 1st February 2021.

July 30 2019

IRDAI’s mandate to cancel the registration of completely destroyed vehicles is expected to put a check in the cases of fraudulent car registrations.

May 19 2016

The IRDAI will set up new IPO guidelines for the insurers as a means to help them raise funds and expand.

May 08 2016

Many general insurance companies today are putting a constant effort to mull down the restoration facilities introduced by many well known health insurance companies.

April 12 2016

A motorbike is considered to be a valuable asset by most people across the globe. For most of us, it is a dream to buy a motorbike. Unfortunately, once a bike is taken under possession, most people forget about their main duty towards it.

January 19 2016

Following IRDAI guidelines, insurers are required to report the ownership structure of their holding by January 18th 2016.

January 18 2016

Ongoing discussions and innovative proposals are set to transform the insurance industry in 2016, simplifying the process for policyholders while providing them enhanced services.

January 13 2016

Travel insurance sales have almost doubled in 2015 as compared to 2014, due to rising global calamities.

January 04 2016

With natural disasters resulting in higher motor insurance claim amounts, insurance companies may revise the premium rates to accommodate the newly identified risks.

December 30 2015

A report released by ICICI Lombard reveals the insurance trends that developed in 2015 and their positive effects on the industry in 2016.

December 24 2015

IRDAI has drifted away from its earlier stand pertaining to regulations regarding reinsurance companies. This change might prompt certain global reinsurance companies to rework their strategy to open branches in India.