Browsing: Insurance
Facing medical inflation of 12% to 14% annually—among the highest in Asia—India is considering a series of regulatory and structural…
Indian non-life insurers are ramping up scrutiny and legal action against motor third-party (TP) claim fraud. A combination of organized…
The Gurugram Cyber Police (West) have arrested four men for defrauding a local resident of ₹1.19 crore. The syndicate lured…
The Parliamentary Committee on Public Undertakings (CoPU) has recommended a series of structural reforms for India’s insurance sector, calling on…
Bajaj General Insurance (formerly Bajaj Allianz General Insurance Company) has signed a Memorandum of Understanding (MoU) with Swiss Re Corporate…
A Supreme Court Bench comprising Justices Sanjay Karol and Prashant Kumar Mishra has extended the compulsory third-party (TP) motor insurance…
The Supreme Court of India directed the Ministry of Road Transport and Highways (MoRTH) and the Insurance Regulatory and Development…
Opening up the insurance sector to 100% Foreign Direct Investment (FDI) can significantly lower premium costs for consumers by expanding…
The General Insurance Council (GIC) has issued a defense of its recently introduced advisory regarding hospital admission criteria for fevers…
Standard Internal Combustion Engine (ICE) motor insurance falls short when protecting electric vehicles (EVs). While a comprehensive insurance policy covers…