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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.

October 21 2014

During a routine medical test done by his company, Mr. Manish (46) was shocked to see that his lipid profile readings were indicating high levels of cholesterol and slightly high sugar levels.

October 21 2014

Prime Minister Narendra Modi has urged insurance companies to expedite the process of claim settlement for cyclone affected victims.

October 21 2014

Insurance Regulatory and Development Authority (IRDA) stated that it will take strict action against insurance companies that accept Group Health Insurance covers at a loss

October 21 2014

Financial Services Secretary, Mr. G.S. Sandhu recently stated that the new Government seeks to increase Foreign Direct Investment (FDI) in the insurance sector.

September 30 2014

NEW YORK: US insurance companies, which have been lobbying the government for an increase in the overseas investment limit for more than a decade, are worried that a clause in the Insurance Bill to facilitate this related to management and control may hamper the initiative.

August 22 2014

ICICI Bank, the country's largest private sector bank, has announced the launch of the 'ICICI Bank Student Travel Card', which enables students going abroad for higher studies to take care of their expenses.

August 01 2014

NEW DELHI: The Cabinet today gave go-ahead to FDI cap hike in insurance to 49 percent with a rider that management control will remain in the hands of Indian promoters, thus paving way for inflow of as much as `25,000 crores foreign funds in the sector.