Over 80% of the health insurance policyholders believe that there are delays in claims which are intentional, designed to pressure policyholders into accepting lower claim amounts.
A part of West Bengal, especially South 24-Parganas was severely affected by cyclone Remal.
For the first time, the ministry of road transport (MoRT) and Highways issued a notification on new premium rates for motor third-party insurance coverage for vehicles for the financial year 2023-24, without any hike in premium amount.
According to the IRDAI, to ensure sufficient reinsurance capacity in India and to attract more players for offering reinsurance at a competitive price, the free movement of assigned capital for foreign reinsurance branches is required.
According to the expert, the world over, there is multiple insurance data analytics companies providing competitive services to insurers.
Even the Employees Provident Fund Organisation (EPFO), sources said, could pull back from NBFC investments to avoid default risks.
LIC has also directed the TPAs to sensitise all the licensed diagnostic centres empanelled by these agencies in the country to follow the directives with immediate effect.
The Central government has appointed Subash Chandra Khuntia as the new Chairman of Insurance Regulatory and Development Authority of India…
India’s insurance regulator on Monday extended the time to link Aadhaar number to insurance policies till March 31, 2018. In…
The sectoral watchdog Irdai has issued new guidelines on outsourcing activities by insurers by clearly defining the areas of work…
