ICICI Lombard General Insurance Company has just settled a Rs 177-crore claim on account of a fire at Indian Oil Corporation?s (IOC) Jaipur storage facility last October.
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Agents will have to sell policies based on client?s financial profile and need.
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Bajaj Allianz General Insurance has recently come up with a home insurance cover, termed Easy Householder?s Package Policy.
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Tata AIG General Insurance today launched an interactive website offering users a slew of benefits like buying and renewing policies online, and getting quotes.
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IRDA on Monday said it would frame new guidelines for these products to make them more attractive for policy holders.
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Munich Re has implemented StepStone Solutions Performance Management to provide consistent performance reviews for around 400 of its UK employee
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WASHINGTON—The Government Accountability Office has made four proposals that would increase the U.S. government’s role in state natural catastrophe insurance programs. In findings released Wednesday, the GAO proposed facilitating the transfer of risk, guaranteeing state pre- and post-event bonds, establishing a federal lending facility for qualified state natural catastrophe …
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WASHINGTON (Reuters)—U.S. lawmakers berated BP P.L.C. CEO Tony Hayward at a hostile congressional hearing on Thursday, accusing him of evasion and ducking responsibility for the worst oil spill in U.S. history. In his first appearance before Congress since the start of the 59-day-old crisis in the Gulf of Mexico, …
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Ulips are set to offer guaranteed maturity benefits to protect policyholders even when mkts crash.
Insured adequately?
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Warren Buffett’s entry into the Indian insurance market is not happening through a big bang takeover of a company. Rather, Berkshire Hathaway is making a modest entry into the Indian insurance market through a corporate agency.
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An early end to the uncertainty over unit-linked insurance plans will enable insurance companies to continue channelising savings to stock markets.
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