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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

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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

Read More

Union Budget 2021: Finance Minister proposed hiking FDI limit in insurance to 74%

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.

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Insurance Regulator Mandates Cancellation of RC In Case of Total Loss Claim Settlement

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.

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IRDAI Announces Rates For Third-Party Motor Insurance Premiums for 2018-19

March 29 2018

Insurance regulatory body lowers third party motor insurance premium rates for 2018-19. The move is expected to bolster sales of motor insurance policies.

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Survey: Two-thirds of women think that Critical Illnesses occur due to a lack of physical activity

March 19 2018

A meagre number of women hold a Health Insurance Policy and an even lower number hold a Critical Illness Cover which not only provides cover against critical illnesses but also saves you and your family from financial distress.

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Demand For Cyber Insurance On The Rise

March 16 2018

Increased cyberattacks have created awareness on importance of cyber security. E-commerce and consumer-facing companies are lining up for cyber insurance

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Telangana Budget Proposes Support Scheme and Insurance Cover For Farmers

March 15 2018

Telangana’s finance minister rolls out budget with focus on agriculture. Farmers to get investment support and life insurance cover of ₹5lakh

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WHO Director General Calls NHPS A Turning Point

March 15 2018

Tedros Adhanom Ghebreyesus said that NHPS can lift people out of poverty by providing health insurance to 50 crore people

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IRDAI To Lower Third-Party Insurance Premiums on Small Cars

March 10 2018

IRDAI proposed to lower third-party insurance premiums on small cars below 1000 cc and certain types of two-wheelers from April 1

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IRDAI Chairman Candidates Interviewed By Cab-Secy Led Panel

March 05 2018

A panel led by cabinet secretary PK Sinha have interviewed the candidates for IRDAI chairman post, which is vacant after retirement of TS Vijayan

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Insurance Cover Of ₹50 lakh for India’s CWG-bound Athletes

February 27 2018

All the 227 Indian athletes who will take part in the 2018 Commonwealth Games in Gold Coast, Australia will get a insurance cover of ₹50 lakh

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Wrongly-Designed Dividers Cause 70% Of Road Accidents

February 23 2018

A study by VNIT in Nagpur has revealed that more than one-third of the road accidents in the city are because of poorly designed medians

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Insurers Seek Three-Fold Hike In Premium Under PM Scheme

February 06 2018

Insurance companies are seeking a three-fold hike in insurance premium under PMSBY that has seen a claim-ratio of 200% in first three years of operation

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