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The Competition Commission of India (CCI) has given its approval for Nippon Life Insurance to hike its stake in Reliance Life Insurance to 49 percent.IndiaInsurance 18 Hours Ago
Insurance regulator IRDAI has imposed a penalty of Rs 20 lakh on state-owned Oriental Insurance Company for violation of guidelines.
Caps on commission and other remunerations for insurance brokers cannot be removed, according to TS Vijayan, Chairman, Insurance Regulatory and DevelopmentIndiaInsurance 2 Days Ago
Focus on increasing topline key reason for higher number of fraudulent claims
Irdai today came out with a proposal to make it mandatory for insurers to issue electronic policies if the sum insured exceeds a specified threshold forIndiaInsurance 2 Days Ago
With an aim to provide motor insurance policies at vehicle owners' doorstep, insurance regulator IRDAI is contemplating promoting the e-Vahan Bima system.IndiaInsurance 3 Days Ago
Mumbai-based stock broker Sudip Bandyopadhyay, who is also part owner of Inditrade Capital, has bought a 50 per cent stake in Bimadirect, a Hyderabad-basedIndiaInsurance 4 Days Ago
Life insurers need to be careful in not settling fraudulent claims and improve their checks at the policy issuance stage, said Nilesh Sathe, Member (Life)IndiaInsurance 4 Days Ago
The online automobile portal has a tie-up with every major insurance company.