Proactively process claims related to Balasore train accident: Irdai to insurers
Regulator Irdai has asked insurers to proactively process claims of kins of the deceased or persons injured in the train ...
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Tag: insurers
GST violations case: Finance ministry refuses to act on insurers’ plea, refers matter to Irdai
The finance ministry has declined to intervene in a plea for relief made by the insurance industry, which is facing ...
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Irdai proposes to tighten norms for media campaigns by insurers
Regulator Irdai is proposing to tighten norms for insurance advertisements by assigning higher responsibility on senior management of insurers in ...
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Income Tax investigation against insurers widens to banks
The income tax (I-T) department last week sent notices to two large private banks in its ongoing probe into alleged ...
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Strong season, rush to bag tax sops to lift life insurers in Q4
Favourable seasonality and tax-rule changes pertaining to high-ticket, non-unit-linked savings products from April 1 would have ensured robust sales for ...
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Insurers seek sops to cover specially abled
General insurance companies will seek tax exemptions or direct subsidy to provide full coverage to specially abled people through new ...
Read moreCommission caps gone, insurers to face more competition
The recent move to abolish the commission cap by the insurance regulator has intensified competition among insurers, particularly unlisted players ...
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Disguised payouts: Banks, insurers face GST notices
The goods and service tax (GST) authorities are set to issue show-cause notices to 29 insurance companies, a leading private ...
Read moreIrdai to insurers: Cut costs, pass on gains to customers
India's insurance regulator has asked insurers to slash expenses and pass on those savings to their customers, potentially helping lower ...
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