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Insurance claim in case of theft can be rejected if you don't have all the keys

If you want to claim for your car in case of theft then there is something you must consider to get your claim. Your claim can even be rejected if you don't have the two car keys. These need to be the two original car keys which you get when you purchase a new car.

Aviva Life faces IBC trial over ‘not paying landlord’

Aviva is facing proceedings under the IBC, for not meeting payment obligations to the Apeejay Group.

Hero Corp could buy 10-15% stake in Max Financial Services Ltd

Hero Corp may be picking up a stake of 10-15% or more in insurance bigwig Max Financial Services.

Not just lungs, toxic air to hurt wallets too

Higher premiums will likely apply to Delhi residents seeking fresh policies. Insurance industry professionals said there has been an increase in claims from Delhi residents and costs of settlements have also risen. Capital residents who are deemed high risk given air pollution levels will likely pay the highest premiums.

Airtel, Bharti AXA Life tie up to launch prepaid bundle with insurance cover

The life insurance cover, available to all customers aged 18-54 years, requires no paperwork or medical examination and the certificate of insurance will be instantaneously delivered digitally. A physical copy of the insurance will be delivered to customer’s doorstep on request. The entire process is to be delivered digitally to the customer.

View: It's time to revise the limit of deposit insurance cover

The coverage limit is required to be reviewed periodically, as the economic and financial landscape changes.

SBI Life fined Rs 4 lakh by Irdai for violating norms on protection of policyholders

Insurance sector regulator Irdai has imposed a fine of Rs 4 lakh on SBI Life Insurance Company Ltd for violating norms on advertisement and protection of policyholders' interest.

Irdai sets up panel to evaluate application under regulatory sandbox

Regulatory Sandbox (RS) usually refers to live testing of new products or services in a controlled/test regulatory environment for which regulators may permit certain relaxations for the limited purpose of testing.

IRDAI slaps Rs 1 cr fine on Cholamandalam MS General Insurance for violating commission-paying rules

The general insurer is also directed to ensure recovery of commission paid to intermediaries on ported policies and wherever recovery is not possible, the same shall be debited to shareholders' account.

Stiff fines drive third-party motor insurance business

Insurers said that the stricter enforcement of penalties by the police has led to this massive surge in customers buying mandatory third-party motor insurance. Under the new provisions, driving an uninsured vehicle will lead to a fine of Rs 2,000.

Make sure insurance ads are clear, fair and not misleading: Irdai to insurers

Make sure insurance ads are clear, fair and not misleading: Irdai to insurers

The insurance regulator issued a circular laying down guidelines for dos and don'ts for insurance companies to comply with. It also laid out the structure for communications made through internet for clarity of prospective customers.

IAG to sell entire 26% stake in SBI General Insurance

IAG to sell entire 26% stake in SBI General Insurance

The country's largest lender and Insurance Australia Group (IAG) currently own 7O per cent and 26 per cent, respectively, in SBI General Insurance. The transactions are subject to regulatory processes and approvals.

LIC dominance of India's life insurance market nears three-fourth mark

LIC dominance of India's life insurance market nears three-fourth mark

LIC registered a business growth of 18 percent in September against last year, and a very robust 42 percent in the first half of the financial year between April and September, the latest data released by insurance regulators IRDAI showed.

Life insurers' new premium income in Sept up 15% at Rs 20,057 cr

Life insurers' new premium income in Sept up 15% at Rs 20,057 cr

LIC, the largest life insurer, recorded a 18.37% rise in its new premium during the month at Rs 12,759.24 crore as against Rs 10,778.81 crore in the same month a year earlier.

LIC boss reveals Rs 23,000-crore reason why he's not worried about equity investments

LIC boss reveals Rs 23,000-crore reason why he's not worried about equity investments

Last year, LIC made Rs 23,000-cr profit from equity and have crossed Rs 11,500-cr profit on equity this year.

Deposit cover should be doubled: SBI Report

Deposit cover should be doubled: SBI Report

The current limit for deposit cover in case of a bank failure to repay depositors of Rs one lakh per depositor was last revised in 1993.

INSURE STOCKS
NSE
BSE

Company NameLatestChange%ChangeVolume
HDFC Bank1262.05-15.85-1.244565146
Kotak Mahindra Bank1627.24.450.272014974
ICICI Bank498.35-1.5-0.322910109
State Bank of India325.13.20.9939009132
Axis Bank722.956.050.847907908
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