Page 37 - Insurance

Portal for health insurance plans info

T S Vijayan will launch tomorrow a portal 'Registry of Hospitals in Network of Insurers'

Size of terror risk insurance pool might touch Rs 1,800 cr

Size of the pool, that has grown to Rs 1,500 cr plus, may even go up to Rs 1,700-1,800 cr

Sun Life to buy 23% more of Birla Sun Life

Its current stake in the JV is 26%; Birla Sun Life is valued at Rs 7,235 cr

Chennai flood insurance claims estimated at Rs 500 cr

Motor insurance would account for largest amount of claims followed by machinery and production loss claims

AXA hikes stakes in ventures with Bharti

In May, FIPB had approved AXA's proposal to increase stake in its life and general insurance JV

Irdai grants lifeline to general insurance firms

It is a common practice for car makers to tie up with insurers to set up 'preferred car insurance companies'

Insurance sales via kirana stores takes backseat

Irdai extending timelines for kiranas to acquire skills to sell insurance after insurers express worries about specialised nature of products

Insurers can't invest in risky bonds: Irdai

Says it has not allowed insurers to invest in additional Tier-1 capital bonds

LexisNexis offers risk mitigation platform

To go live in Jan, for life insurers, enabling them to access complete policyholder data to check fraud

Govt eases conditions regarding insurance claim on RuPay cards

RuPay card usage condition has been extended to 90 days with effect from Nov 25, 2015

Global turmoil leads to rise in political risk insurance covers, says JLT

Sanjay Radhakrishnan, CEO, JLT Independent said that several Indian MNCs are now taking the cover, with a rise in terrorism and related risks in several parts of the globe

NPCI relaxes personal accident insurance claiming rules for RuPay

Usage condition for RuPay customers extended to 90 days from 45 days

Nippon Life to buy 23% stake in Reliance Life for Rs 2265 crore

Deal values company at Rs 9,847 crore; joint venture to be renamed Reliance Nippon Life

Electronic medical records to be delayed

The EMR initiative was to benefit insurers by enabling easier access to data and faster settlement of claims

Life insurers must disclose invesment return details in ads: IRDAI

The order will come to effect from December 1

Irdai responds partially to sector feedback on rule changes

IRDAI drops earlier proposal to reduce product pricing for 10% plus deviation

Product approvals slower as IRDAI focuses on big-bang regulations

With insurance bill being passed by both the Houses, sector has got several new norms by IRDAI

Kotak General Insurance gets IRDAI licence to commence business

It can now underwrite all classes of general insurance business Including health insurance

IRDAI to seek concrete plan from banks on opening up branch network for more insurers

Banks can now tie-up with up to three life, non-life and standalone insurers each

United India Insurance receives Rs 110-cr claims intimation due to floods

Chennai-based company clocks profit after tax of Rs 356.21 cr in H1