Insurance
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Insurance regulator proposes revised motor insurance premium, third-party cover to cost more
March 05, 2017 13:57 ISTThird-party motor insurance premiums will cost more for several categories of vehicles from April if a revision in the rates recommended by the IRDAI gets approved.
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60 pc vehicles on Indian roads running uninsured, reveals GIC data
India | January 24, 2017 8:05 ISTIn an alarming revelation, the data compiled by General Insurance Council (GIC), which represents the country’s general insurers, stated that nearly 60 per cent of the vehicles running in India, mostly motorcycles and scooters, are uninsured.
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National Insurance amasses over Rs 800 cr premium under PMFBY
January 13, 2017 19:17 ISTState-run general insurer National Insurance Company Ltd has collected a massive Rs 800-900 crore as premium under the Pradhan Mantri Fasal Bima Yojana (PMFBY), a top official said today. "We are not part of the
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This is what happened when an insurance agent’s number was mistaken as Aamir Khan’s
Bollywood | December 09, 2016 22:03 ISTIn a weird incident, an insurance agent's number was mistaken as actor Aamir Khan’s and got circulated amongst the actor's fans in no time. The complete episode happened when the ‘Dangal’ actor secured a LIC
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Indore-Patna Express mishap: Less than 1/3rd of e-ticket buyers had opted for rail insurance
India | November 21, 2016 7:34 ISTOut of the 410 tickets booked on the IRCTC website, accounting for 695 passengers of the unfortunate Indore-Patna express accident only 126 (accounting for 209 passengers) included the recently announced travel insurance that costs less than Re 1.
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Diwali special: IRCTC offers Rs 10 lakh rail travel insurance for just 1 paisa from October 7
October 06, 2016 20:34 ISTThe Indian Railways has reduced charges for the optional travel insurance it began offering for its passengers. Starting Friday, October 7, passengers will be able to avail a travel insurance of Rs 10 lakh for
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Passengers booking through IRCTC can avail insurance cover worth Rs 10 lakh
July 25, 2016 23:44 ISTIn a move to improve customer experience, IRCTC will now provide its passengers a travel accident cover for a premium as low as Re 1 for an insurance cover of Rs 10 lakh. This cover
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Good news for Rail passengers: IRCTC to introduce Rs 10 lakh insurance cover scheme in less than Rs 2 premium
India | July 23, 2016 9:01 ISTIndian Railway Catering and Tourism Corporation on Friday said it will soon launch a host of initiatives, including an optional travel insurance scheme for passengers and unreserved ticketing facility.
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'Khiladi' Kumar pitches for insurance for stuntman in Bollywood
Bollywood | May 24, 2016 14:28 ISTAction hero Akshay Kumar says there is no insurance for stuntman in the Hindi film industry and he wants that to change.
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Jat stir: Haryana govt asks insurance cos to settle claims within 15 days
India | February 24, 2016 9:56 ISTChandigarh: Haryana government has asked the insurance companies to settle the claims of the persons whose insured establishments were damaged in arson, loot and vandalism during the recent Jat agitation within 15 days.Additional Chief Secretary,
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Akali Dal-BJP is a social alliance: Arun Jaitley
Politics | July 14, 2015 22:06 ISTAmritsar: The BJP-Shiromani Akali Dal partnership was not only a political alliance, but a social one aimed at strengthening the bonds of peace, communal harmony, amity and brotherhood in Punjab, union Finance Minister Arun Jaitley
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Govt sets up Rs 1,500 cr nuclear insurance pool
India | June 13, 2015 21:18 ISTNew Delhi: The Union government has launched an insurance pool to the tune of Rs.1,500 crore that is mandatory under the Civil Liability for Nuclear Damage Act (CLND) in a bid to offset financial burden
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PM Narendra Modi to launch insurance, pension schemes on May 9
Politics | April 30, 2015 18:42 ISTNew Delhi: Prime Minister Narendra Modi will launch the flagship social security schemes, including Rs 2 lakh accident cover at a premium of just Re 1 per month, in Kolkata on May 9.These schemes, to
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Post India Insurance may sell products of other insurers
January 27, 2015 16:00 ISTNew Delhi: The Department of Post is mulling selling insurance products of other companies, especially in rural areas, besides selling its own policies.In a meeting chaired by Prime Minister Narendra Modi last month on the
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Report on insurance bill tabled in Rajya Sabha, 49 pc foreign investment cap recommended
Politics | December 10, 2014 13:35 ISTNew Delhi: A Parliamentary Committee today recommended a composite foreign investment cap of 49 per cent in the insurance sector and supported a government Bill to amend the Act.At present, a limit of 26 per
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Shutdown cost 120,000 US jobs: White House
October 23, 2013 21:25 ISTWashington: The recent government shutdown and debt default crisis hit the US economy so badly that it cost the country 120,000 jobs and wiped out 0.25 per cent of economic growth for the fourth quarter,
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Deposit frauds: Govt proposes insurance cover, hefty penalties
October 22, 2013 23:38 ISTNEW DELHI: To safeguard investors from fraudulent money-collection schemes, the government today proposed mandatory insurance cover for public deposits garnered by companies and hefty penalty of up to 18 per cent annual interest for defaulters.The
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HSBC shuts brokerage arm in India; around 300 lose jobs
October 17, 2013 19:40 ISTMUMBAI: British financial giant HSBC today said it will be shutting its struggling retail brokerage and depository business in the country, five years after it entered the segment by pumping in over $290 million.Nearly 300
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US shutdown: Focus of negotiations shifts to Senate
October 12, 2013 23:00 ISTWASHINGTON: House talks with President Barack Obama over ending the partial government shutdown and preventing a federal default have stalled, Speaker John Boehner told fellow Republicans on Saturday, shifting the focus to Senate efforts to
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Insurance industry to grow below 5% in FY'14: CII
June 24, 2013 11:11 ISTNew Delhi, June 24: The growth rate of Indian insurance industry is likely to be less than 5 per cent in the current fiscal, according to industry chamber CII."The growth of the Indian insurance industry
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