Search result for IRDAI
Hero Insurance Broking fined by Irdai for damages
According to the Insurance Regulatory and Development Authority of India, it has gotten complaints from policyholders over how some of the motor insurance service providers backed by insurers and insurance intermediaries were pressuring their customers to buy motor insurance policies of the insur...
Pre-merger blues
The three state-claimed general insurance agencies (National Insurance, United Insurance, and Oriental Insurance) have looked for a capital imbuement of Rs 12,000 crore from the Center, to remain above water and direct business. This has been referred to as the pre-condition before the proposed m...
Irdai plans to institutionalize protection rules for houses and shops
The Insurance Regulatory and Development Authority of India (Irdai) is turning out with standard rules for items pointed only at units like 'staying houses' and little business foundations. As of now, there is no institutionalization of protection spread for units like little shops and ho...
Insurances now an investment?
The insurance sector has been changing rapidly, and in the wake of failing finances, we are seeing some major changes in the way this sector has been operating. While general insurances have gone up in sales there have been some major downfalls to as the insurance firms are being merged and chang...