M Saraswathy
 "M Saraswathy")
M Saraswathy
Page 10 - M Saraswathy
Chennai deluge: Fire, auto insurance rule claims
Overall, the claims have exceeded Rs 2500 crore and insurers say that it could touch as much as Rs 2800 - 3000 crore
 "Chennai deluge: Fire, auto insurance rule claims")
Insurance claims: Pending claims at ombudsman office a thing of the past
Number of complaints coming to Ombudsman has seen a reduction
 "Insurance claims: Pending claims at ombudsman office a thing of the past")
Damaged private jets to remain grounded for two months
Damage to aircraft estimated to be around Rs 200 crore
 "Damaged private jets to remain grounded for two months")
Senior posts vacant in general insurance biz
These include post of chairman and managing director at National Insurance Company
 "Senior posts vacant in general insurance biz")
IRDAI relaxes claims process for Chennai floods
Sector regulator asks insurers to appoint nodal officers
 "IRDAI relaxes claims process for Chennai floods")
Foreign reinsurers question Irdai proposal
Foreign reinsurers are also planning to take up the matter with the regulator
 "Foreign reinsurers question Irdai proposal")
Interpretations on life claim rejection clause vary
Section 45 in new Bill says no claim can be repudiated after three years of policy being in force
Size of terror risk insurance pool might touch Rs 1,800 cr
Size of the pool, that has grown to Rs 1,500 cr plus, may even go up to Rs 1,700-1,800 cr
Coaching institutes feel regulations to impact revenue, fee
Ashok Misra committee plans to put Rs 2.4 lakh cr industry under regulation
 "Coaching institutes feel regulations to impact revenue, fee")
Panel proposes to unleash watchdog on private coaching
Proposals are in public domain for consultation with stakeholders, coaching institutes are unhappy with suggestion of a watchdog
Insurance sales via kirana stores takes backseat
Irdai extending timelines for kiranas to acquire skills to sell insurance after insurers express worries about specialised nature of products
 "Insurance sales via kirana stores takes backseat")
LexisNexis offers risk mitigation platform
To go live in Jan, for life insurers, enabling them to access complete policyholder data to check fraud
 "LexisNexis offers risk mitigation platform")
Electronic medical records to be delayed
The EMR initiative was to benefit insurers by enabling easier access to data and faster settlement of claims
 "Electronic medical records to be delayed")
Expect regulator's nod to raise FDI cap in insurance soon: Sandeep Ghosh
Interview with MD & chief executive, Bharti AXA Life Insurance
 "Expect regulator's nod to raise FDI cap in insurance soon: Sandeep Ghosh")
Irdai responds partially to sector feedback on rule changes
IRDAI drops earlier proposal to reduce product pricing for 10% plus deviation
Product approvals slower as IRDAI focuses on big-bang regulations
With insurance bill being passed by both the Houses, sector has got several new norms by IRDAI
 "Product approvals slower as IRDAI focuses on big-bang regulations")
IRDAI to seek concrete plan from banks on opening up branch network for more insurers
Banks can now tie-up with up to three life, non-life and standalone insurers each
 "IRDAI to seek concrete plan from banks on opening up branch network for more insurers")
Mahindra Group ties up with IMD, Yale School of Management
Under the partnership, they will offer future leaders programme to top executives
 "Mahindra Group ties up with IMD, Yale School of Management")
Prem Watsa's Fairfax to increase stake in ICICI Lombard to 35%
ICICI Bank to sell 9% stake sale in general insurance venture to foreign partner
 "Prem Watsa's Fairfax to increase stake in ICICI Lombard to 35%")
