Delhi government’s move to implement high security registration plate (HSRP) may prove to be a blessing in disguise for private as well as commercial vehicle insurance policyholders. The scheme
Insurers in the third-party (TP) motor segment may have to provision Rs 6,500 crore more to comply with insurance regulator Irda's directive, a Crisil report today said. "We estimate the
In order to protect the interest of consumers, the government today asked insurance regulator Irda to take punitive action against companies which resort to mis-selling of policies. "Irda should be
Insurance companies have approached the IRDA for review of 22 pension products fearing they may not be conforming to the regulator's guidelines pertaining to assured returns.
"Insurance companies had filed
In order to increase insurance penetration, the regulator IRDA is contemplating allowing banks to sell products of more than one insurance firm. "The regulator is considering to open up distribution
Despite increase in first year premium collection by life insurers from Rs 8 301. 19 crore in January 2011 to Rs 8 877
The insurance industry wants the government to create a separate tax exemption limit of Rs 50,000 for life insurance premium in the forthcoming budget to encourage more individuals to buy
Insurance regulator IRDA today said it is examining a proposal for removing cap on investment in infrastructure bonds of highly-rated companies by insurers, a move which would up fund flow
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