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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 15 2017

The CMCHIS provides health coverage to over a million families who can’t afford expensive treatment in private hospitals. Read more about the health insurance scheme here.

May 11 2017

The IRDAI has asked insurers to submit revised rates to the Insurance Information Bureau (IIB), which will not be lower than the base rates of IIB. Read more about the hike in property insurance here.

May 10 2017

As per the IRDAI, the insurance industry registered 17% growth on premiums that outpaced the growth of the Indian economy. Read more about it here.

May 03 2017

The government is now planning to cancel the registrations of vehicles found without Motor Insurance, in an effort to increase vehicle insurance continuity among vehicles.

April 26 2017

A general insurance company is offering an additional 25% sum insured in the family floater health insurance plan for wearing a helmet while riding a two wheeler.

April 07 2017

Insurance cover for mental illnesses likely to affect the health insurance premium of more than 150 million people in the country living with mental disorders