Sentences with phrase «psu insurance»
Industry body CII called a joint meeting of the insurers and the healthcare industry to resolve the impasse following withdrawal of cashless treatment facility at about 150 hospitals by four PSU insurance companies from July 1 on allegations of over-billing.
http://indianexpress.com/
It said that since the detariffing of fire insurance premium rates since 2007, there have been unhealthy competition among the PSU insurance companies.
The four PSU insurance firms — National Insurance, New India Assurance, Oriental Insurance and United India Assurance — had in July last year stopped the cashless facility in select private hospitals, alleging over-billing.
Narottam Puri, a noted ENT specialist and a member of Ficci's committee on health services, described the steps taken by the PSU insurance companies as «retrograde».
Not exact matches
As of now, PSU insurers which control 60 per cent of the Rs 55,000 crore market, are making losses in the health insurance business with the claim ratio going up to 110 per cent in recent years.
Insurance watchdog IRDA washed its hands of the controversy surrounding the PSU insurers withdrawing the cashless hospitalisation facility, even as industry bodies stepped up efforts to find an amicable solution to the row while medical insurance policy - holders are left writhing in pain during emeInsurance watchdog IRDA washed its hands of the controversy surrounding the PSU insurers withdrawing the cashless hospitalisation facility, even as industry bodies stepped up efforts to find an amicable solution to the row while medical insurance policy - holders are left writhing in pain during emeinsurance policy - holders are left writhing in pain during emergencies.
In Budget, FM announced plans for listing of four PSU general insurance firms; except for New India Assurance, none of the other three is in position to get Sebi nod unless Irdai steps in
The ministry also said that while the insurance companies are providing huge discounts to big customers while «snatching business» from other PSU insurers, premiums have been hiked up continuously for individual retail policies.
The credit insurance policies were used in securing multiple bank guarantees from SBI, BoI, Indian Bank, Andhra Bank and IDBI to cover its transactions with PSU oil firms and to meet expenses relating to fuel, aircraft, lease, rent airport charges and others, it has claimed.
Concerned over increasing losses in fire insurance business, the Finance Ministry has asked four PSU general insurers to desist from charging «ridiculously» low premium from corporates and undercutting one another.
The four PSU insurers — National Insurance Company, New India Assurance, Oriental Insurance and United India Insurance — had invited expressions of interest from companies for forming a joint venture TPA.
New India Assurance was conferred The Best General Insurance Company for three years in a row in 6th Dalal Street Investment Journal PSU Award in 2015 as well.
Therefore, even if your parents have crossed 60 years and still do not have health insurance, you can approach PSU Mediclaim insurers.
The reasoning behind this is, anytime is promoted by PSU's and we can have good trust on it, and in case of claim rejection by another insurance company we can show that anytime has accepted the claim.
Also I would advice you to split your insurance cover among 2 companies — 1 private and 1 PSU.
It is quite similar to group health insurance cover offered by your employer or group health cover offered by PSU banks to its account holders.
Also help me to know if HCL technologies employee can go for PLI since postal life insurance have eligiblity for govt and PSU sector only.
In case you wish to stick to PSU insurers you can split your insurance cover between 2 insurers.
The four PSU entities - National Insurance, New India Assurance, Oriental Insurance and United India Insurance - saw their gross premium collection rise by 24.59 per cent year - on - year to Rs 4,106.23 crore in January, according to IRDA data.
The four PSU entities - National Insurance, New India Assurance, Oriental Insurance and United India Insurance - saw their gross premium collection rise by 2.6 % year - on - year to Rs 3,394.83 crore in February.
Punjab & Sind Bank (PSB), one of the leading PSU Bank has inked a pact by signing an MOU with Bajaj Allianz Life Insurance to market its low cost insurance product across all its branches in theInsurance to market its low cost insurance product across all its branches in theinsurance product across all its branches in the country.