J&K Bank Customer’s Family Relieved After Timely Settlement Of Insurance Claim

Srinagar- In a timely settlement of an insurance claim under Met Loan and Life Suraksha (MLLS) scheme, PNB-MetLife - J&K Bank’s Life Insurance Partner...

Govt Asks IRDA & Insurance Cos To Address Six Major Concerns To Reduce Pendency...

New Delhi- The government on Wednesday flagged six major issues, including ambiguity in insurance contracts and inflexible policy terms, before regulator IRDAI and other...

LIC May Look At Composite Licence After Passage Of Insurance Laws (Amendment) Bill

New Delhi- The country's largest insurer LIC may take a call on composite licence clause after the passage of Insurance Laws (Amendment) Bill in...

ESIC Scheme Adds 11.82 Lakh New Members In Oct

New Delhi- Around 11.82 lakh new members joined the ESIC-run social security scheme in October 2022, according to official data released on Friday. The data...

MF Industry Seeks Management Of Pension, Provident, Insurance Funds

New Delhi- The aim of doubling the asset under management to Rs 80 lakh crore can be met earlier than the targeted year of...

IRDAI Relaxes Entry Norms For Insurance Biz, Reduces Solvency Margin

New Delhi- Insurance regulator IRDAI on Friday approved a host of reforms, including easing the entry norms and reducing solvency margin that will unlock...

Insurance Contracts Have Very Little Option For Consumers: Supreme Court

New Delhi- Insurance contracts prepared by an insurer have very little option or choice for a consumer, except to sign on the dotted lines, the...

LG Extends Rs 2 Lakh Insurance Cover To Entire Workforce of J&K

Asks Labour & Employment Department To Ensure J&K Is Free From Bonded And Child Labour Srinagar- Lieutenant Governor, Manoj Sinha on Monday extended Rs 2...

Govt Plans To Revamp Crop Cover Scheme PMFBY To Woo More Insurers And Rationalise...

New Delhi- Amid reports of some insurance companies making profits in the government's flagship crop cover scheme PMFBY, the Centre is planning to revamp...

DPIIT Notifies 20% FDI In LIC Under Automatic Route

New Delhi- The Department for Promotion of Industry and Internal Trade (DPIIT) on Monday notified a government decision to allow up to 20 per...