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Nippon Life Insurance to bring post-sales service to Indian insurance market 31 Jul 2012 | 02:13 pm

Japan’s Nippon Life has said it plans to bring the practice of post-sales services to the Indian insurance industry through its partnership with Reliance Life in the country.

Soon, micro-insurance may be available on kirana, chemist shops 31 Jul 2012 | 02:10 pm

Concerned over the low penetration of insurance, the insurance watch dog, Insurance Regulatory and Development Authority has proposed to sell micro-insurance products through chemists, kirana and petr...

Insurance claim can be granted without service, income proof: Tribunal 31 Jul 2012 | 02:07 pm

The Thane district Motor Accident Claims Tribunal (TDMACT) has held that a claim can be granted even if the proof of service and income is not presented in the court by the claimant.

Insurance Co can't go back on policy once its issued 31 Jul 2012 | 02:04 pm

Once an insurance company has issued a policy, it cannot later reject the insured person's claim on the ground that cover was given in violation of terms and conditions, the Delhi State Consumer Commi...

Maximum complaints from Punjab: Insurance Ombudsman 31 Jul 2012 | 01:55 pm

The office of the Insurance Ombudsman in Chandigarh has received the maximum number of complaints against insurance companies from Punjab for the year 2011-12.

Beware of fraud people posing as insurance agents 27 Jul 2012 | 02:34 pm

Few days ago, the New Delhi Police have arrested three teenage boys who were posing as LIC agents and siphoning off money from people.

Beware of fraud people posing as insurance agents 27 Jul 2012 | 02:34 pm

Few days ago, the New Delhi Police have arrested three teenage boys who were posing as LIC agents and siphoning off money from people.

Listing of insurance firms: SEBI maintains profitability criteria 27 Jul 2012 | 02:29 pm

The Securities and Exchange Board of India has said there was no need to relax the three-year profitability criterion for listing of insurance companies.

Listing of insurance firms: SEBI maintains profitability criteria 27 Jul 2012 | 02:29 pm

The Securities and Exchange Board of India has said there was no need to relax the three-year profitability criterion for listing of insurance companies.

Insurer accountable to the insured for act of agent: Consumer forum 27 Jul 2012 | 02:20 pm

When an insurance company accepts without demur personal cheques of its agents, after the agent had collected premium from the insured favouring himself in the first instance, it cannot subsequently w...

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