Sentences with phrase «asked general insurers»

Concerned over the excess incentives insurers are paying motor dealers — leading to expensive motor policies — insurance regulator Irda has asked general insurers to bring down such incentives and instead pass on the benefits to customers in the form of low premium on policies.

The insurance regulator, Irda, on the basis of a Supreme Court judgment, had asked general insurers to increase their reserve requirement against third party claims in 2011 - 12.

Not exact matches

The House and the Trump administration are asking to keep a pause on a years - long court battle over the legality of crucial ObamaCare payments to insurers, while Democratic attorneys general are seeking for the case to proceed.

You have the right ask for copies of information that the insurer has relied upon in assessing your claim under clauses 7.19 (b) of the General Insurance Code of Practice.

According to insurance sources, general insurers had asked Irda to consider an increase of 50 - 60 per cent in TP premium in view of the higher provisioning — currently at 210 per cent — for the declined risk pool.

The Insurance Regulatory Development Authority (Irda) has asked all life and general insurers to re-file products in a way that business is protected and customers aren't inconvenienced.

According to insurance sources, general insurers had asked Irda to consider an increase of 50 - 60 per cent in TP premium in view of the higher provisioning — currently at 210 per cent — for the declined risk pool and much higher loss ratios — at 140 per cent — in the segment.

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.

Irda had been asked by general insurers for the consideration of an increase of 50 - 60 % in TP premium in view of the high provisioning which is currently at 210 % for the declined risk pool.