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LIC staff to oppose panel on financial sector
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The legislative commission on financial sector proposed by Finance Minister Pranab Mukherjee is yet another way to push through the Raghuram Rajan committee’s recommendations for further liberalisation of the banking and insurance sector[...More]
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AIG posts $8.9 bn loss, Chartis improves
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American International Group Inc reported a quarterly loss of $8.9 billion on Friday, hurt by charges related to US loan payback and loss reserves, but in a glimmer of hope its general insurance operations improved. [...More]
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TDS haze could raise your health cover cost
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Health insurance premiums could soar if the forthcoming Budget does not clarify on the issue of tax deduction at source for non-life insurance companies. [...More]
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Medical insurance co to pay for failing to reimburse full claim
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In the midst of the intense war between hospitals and medical insurance companies over health insurance reimbursements, here’s some heartening news for policy holders. [...More]
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Reliance Life Ins launches highest NAV guarantee ULIP plan
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Reliance Life Insurance, on Sunday said that it has launched a new unit linked product, Reliance Highest NAV Guarantee Plan. [...More]
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Reliance Life launches Reliance Highest NAV Guarantee Plan
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Anil Ambani Group firm Reliance Life Insurance on Sunday said it has launched 'Reliance Highest Net Asset Value Guarantee Plan', a new unit linked insurance plan, that enables the policy-holder to enjoy good returns. [...More]
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LIC aims to garner Rs 25,000 crore from Wealth Plus scheme
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The country's largest insurer Life Insurance Corporation is aiming to garner Rs 25,000 crore from its recently launched close-ended unit-linked Wealth Plus scheme. [...More]
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Life insurers seek higher FDI, tax sops for long-term policies
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Ahead of the Budget, the insurance industry has urged the government to move ahead with the proposal to raise foreign direct investment cap to 49 per cent and provide separate tax incentives for policies that have long tenures. [...More]
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Health insurance for government staff soon
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A health insurance scheme is on anvil on the lines of Arogyasri for government employees in the State.
[...More]
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Health insurance for artisans
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Artisans those who have applied for the Health Insurance under the scheme of 'Rajiv Gandhi Shilpi Swasthya Bima Yojna (2009-10) through Nagaland Handloom & Handicrafts Development Corporation Ltd.[...More]
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BC students get health insurance
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About 1.86 lakh students residing in BC welfare hostels across the state will be covered under a new medical insurance scheme from this year.[...More]
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Insurance ombudsman holds camp court in city
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Ignorance and negligence in studying terms and condition of an insurance policy is putting insurance claimants in trouble, said the insurance ombudsman of Orissa, Surath Kumar Dhal.[...More]
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National commission overrules State commission’s order Consumer Notes
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The National Consumer Disputes Redressal Commission has overruled the Karnataka State Consumer Dispute’s Redressal Commission’s decision directing the New India Assurance Company to settle the claim filed by an old tile factory in Mangalore that suffered losses.[...More]
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NIC risks public fund to insure GVK airport
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The National Insurance Company has put at risk public funds worth crores of rupees by flagrantly violating rules in providing 'high-risk' insurance cover to the Mumbai international airport run by the corporate GVK group.
[...More]
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YSR family to get Rs 1cr
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The family of Dr.Y.S. Rajasekhar Reddy, who perished in the chopper crash at Nallamala, will get Rs.1 crore as insurance payment from Reliance Money.[...More]
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