Insurance Archives

adminMay 25, 2021

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Mumbai : Private life and non-life insurers – Bharti AXA Life Insurance and Bharti AXA General Insurance – on Monday announced a simplified claims procedure for flood victims of Kerala and Karnataka. In a joint statement issued here Bharti AXA Life Insurance said it has simplified the claim processing for the flood victims of Kerala […]

adminMay 25, 2021

Chennai : Private non-life insurer Liberty General Insurance Limited hopes to close this fiscal with a health insurance premium of Rs 150 crore and is confident that its in-house processing of health claims would provide its policy holders superior service, said a top company official. “Our health insurance business is growing well. We hope to […]

adminMay 25, 2021

Chennai : India’s insurance regulator on Monday extended the time to link Aadhaar number to insurance policies till March 31, 2018. In a circular issued on Monday to all the life, non-life (including standalone health insurers) the Insurance Regulatory and Development Authority of India (Irdai) said the date of submission of the Aadhaar Number and […]

adminMay 25, 2021

By Sourabh Kulesh, Mumbai : Reliance Group’s Unlimit — an Internet of Things (IoT) venture for enterprises — and tech giant IBM on Monday announced a collaboration to co-create IoT solutions for industry verticals, including automotive, insurance, utilities and industrial automation. The two companies are developing IoT solutions for implementation across Reliance Group companies, addressing […]

adminMay 25, 2021

By K R Sudhaman* Insurance industry in India is a $250 billion industry, equivalent to four-fifth of the country’s foreign exchange reserves. But its growth has been hampered because of the unusual delay in the passage of Insurance amendment bill, which 10 years after it was conceived was passed by Parliament recently. Life insurance has […]