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Conducted an internal investigation on behalf of a Government regulator into alleged insider dealing activities, fraud and breaches of corporate governance codes
for a
public company in the
insurance and financial services
sector.
Public sector insurance companies have so far received more than 13,000 claims
for over Rs 1,400 crore from traders and small businesses, which suffered losses in the recent rains in Maharashtra.
The said step of designating
Insurance partner has been taken
for the first time by the Department of Sports and is a part of its plan in seeking support from
companies both in Private and
Public sector under their CSR initiatives
for sports.
While tax officials have also checked the records of the
public sector insurance companies, since they also sell motor policies, a government source said it was
for purposes of corroboration only.
«A consortium of general
insurance companies has given a cover
for the cricketer's home in Bandra
for a value consideration of Rs 100 crore,» an official of a
public sector general
insurance company, who did not wish to be named, said.
Public sector insurance companies and large hospitals will finalise a uniform rate structure
for cashless treatment scheme within a week, said chairman of a state - owned insurer.
Public sector general
insurance companies are pressing hard
for a quicker disposal of third party motor
insurance claims, which could spell an outgo of around Rs 10,000 crore as more than 11 lakh
The chairman of the Star Health
Insurance Mr. Jagannathan who has served as Managing Director of India's in the largest public sector insurance company, with 40 years of experience says, that it is essential to raise the investment limits as insurance is a capital intensive business with a longer waiting time of six to seven years for tu
Insurance Mr. Jagannathan who has served as Managing Director of India's in the largest
public sector insurance company, with 40 years of experience says, that it is essential to raise the investment limits as insurance is a capital intensive business with a longer waiting time of six to seven years for tu
insurance company, with 40 years of experience says, that it is essential to raise the investment limits as
insurance is a capital intensive business with a longer waiting time of six to seven years for tu
insurance is a capital intensive business with a longer waiting time of six to seven years
for turnaround.
Due to the implementation of new taxes on
insurance policies, premium prices have increased considerably, but still if you compare policies from both
public and private
sector insurance companies operating in the country, it is still very much possible to find a deal that is both profitable and suitable
for your requirements.
It was informed that the Centre has already written a letter to the IRDA and the four
public sector insurance companies on August 5 to consider framing
insurance policy
for infertility treatment.
To rein in costs and abuse of
insurance policies by hospitals, four public sector general insurers — National Insurance, New India Assurance, United India and Oriental Insurance Company — have prescribed rates for a number of s
insurance policies by hospitals, four
public sector general insurers — National
Insurance, New India Assurance, United India and Oriental Insurance Company — have prescribed rates for a number of s
Insurance, New India Assurance, United India and Oriental
Insurance Company — have prescribed rates for a number of s
Insurance Company — have prescribed rates
for a number of surgeries.
The
public sector insurance companies had to resort to rationalisation of rates
for cashless facilities as they suffered a loss of Rs 2,000 crore because of overcharging by hospitals in Mumbai, Delhi, Chennai and Bangalore.
Close on the heels of the finance ministry's warning to
public sector general
insurance companies for huge underwriting losses and their dependence on investment income for profits, a report co-authored by a former Member of the Insurance Regulatory and Development Authority of India (IRDAI) has blamed the regulatory framework and support system which tend to «over-regulate», high cost of compliance and less «development oriented» policies for the segmen
insurance companies for huge underwriting losses and their dependence on investment income
for profits, a report co-authored by a former Member of the
Insurance Regulatory and Development Authority of India (IRDAI) has blamed the regulatory framework and support system which tend to «over-regulate», high cost of compliance and less «development oriented» policies for the segmen
Insurance Regulatory and Development Authority of India (IRDAI) has blamed the regulatory framework and support system which tend to «over-regulate», high cost of compliance and less «development oriented» policies
for the segment's woes.
The CBI has been pulled up by a special court
for giving a clean chit to some bank officials in a case involving Paramount Airways Pvt Ltd and a former CMD of Oriental
Insurance Company Ltd
for allegedly causing loss of about Rs 442 crore to five
public sector banks.
For individuals, health insurance costs are expected to rise 15 - 20 per cent; for public sector companies, the projected increase is 25 - 30 per ce
For individuals, health
insurance costs are expected to rise 15 - 20 per cent;
for public sector companies, the projected increase is 25 - 30 per ce
for public sector companies, the projected increase is 25 - 30 per cent.
The benefit is available
for life
insurance policies sold by all
insurance companies — both
public and private
sector.
National
Insurance Company Limited (India), a leading Kolkata - based public insurance company in India, has received stable ratings of B + + (Good) for financial strength rating and bbb + issuer credit rating from A.M. Best, a globally recognized ratings company focused on the insuranc
Insurance Company Limited (India), a leading Kolkata - based public insurance company in India, has received stable ratings of B + + (Good) for financial strength rating and bbb + issuer credit rating from A.M. Best, a globally recognized ratings company focused on the insurance
Company Limited (India), a leading Kolkata - based
public insurance company in India, has received stable ratings of B + + (Good) for financial strength rating and bbb + issuer credit rating from A.M. Best, a globally recognized ratings company focused on the insuranc
insurance company in India, has received stable ratings of B + + (Good) for financial strength rating and bbb + issuer credit rating from A.M. Best, a globally recognized ratings company focused on the insurance
company in India, has received stable ratings of B + + (Good)
for financial strength rating and bbb + issuer credit rating from A.M. Best, a globally recognized ratings
company focused on the insurance
company focused on the
insuranceinsurance sector.
Public sector general insurance companies along with their public sector counterparts are getting ready to bid aggressively for Air India»... rea
Public sector general
insurance companies along with their
public sector counterparts are getting ready to bid aggressively for Air India»... rea
public sector counterparts are getting ready to bid aggressively
for Air India»... read more
PNB MetLife India
Insurance Co. Ltd. is a joint venture between MetLife Inc. — the holding corporation
for US - based Metropolitan Life
Insurance Company (MIHI) and its affiliates, two
public sector banks — Punjab National Bank Limited (PNB) and Jammu & Kashmir Bank Limited (JKB), M. Pallonji and
Company Private Limited and other private investors.
In 2011, the
public sector United India
Insurance Company was fined Rs 5 lakh under the provisions of Section 64VC of the
Insurance Act
for opening 35 new branches across the country without permission from the authority.
The four
public sector general
insurance companies will seek the Union finance ministrys permission to pitch
for the personal accident benefit
insurance business that would be offered by Indian