Latest Insurance News Today

Identify Fraudulent Claims Insurance Industry

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.

February 05 2018

The government’s recent National Family Health Survey found that southern states of India had better health insurance penetration than northern parts

January 30 2018

The economic survey of India, 2018, states that the insurance penetration in India has risen to 3.49% in 2016-17 from 2.71% in 2001

January 29 2018

With stressed loans being cleaned up by banks, insurers are designing products that will cover insolvency professionals against kidnapping and ransom

January 25 2018

The growth in insurance industry has called for new broker rules with technology as a focal point, says chairman of IRDAI

January 24 2018

The National Family Health Survey says that Indian households are preferring getting themselves treated from private clinics

January 18 2018

The estimated loss from at least a third-party insurance premium for two wheelers is expected to go up to ₹52,000 crores by 2024-25

December 20 2017

IRDAI chief T.S Vijayan bats for standardized rates in healthcare costs in hospitals and health insurance sectors at least within the same city

December 19 2017

Health data insights from wearable devices will help insurers identify customers leading a healthy lifestyle and reward them by lowering premium up to 15%