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NSE asks brokers to have in place insurance cover for FY18

NSE asks brokers to have in place insurance cover for FY18

Top stock exchange NSE has asked its brokers to ensure that their respective insurance cover is in order for current fiscal and submit the details of their policies in electronic format by July 31.

GST: Insurance policies to get dearer from July 1

GST: Insurance policies to get dearer from July 1

Buying an insurance cover will become an expensive proposition from July 1 with the GST Council deciding to club it with the financial services sector and taxing it at 18 percent under the GST regime.

Rail passengers to get insurance cover of Rs 10 lakh from Sept for just Re 1

Rail passengers to get insurance cover of Rs 10 lakh from Sept for just Re 1

Train passengers booking their tickets online through the IRCTC website will be able to opt for travel insurance cover from September for a premium of just Re 1.

Edelweiss Tokio Life offers life cover of Rs 1 crore to athletes representing India at Olympics

Edelweiss Tokio Life offers life cover of Rs 1 crore to athletes representing India at Olympics

What can be considered as a welcome offer, Edelweiss Group firm Edelweiss Tokio Life Insurance has decided to offer a life cover of Rs 1 crore for each athlete representing India at the Rio Olympics.

ONGC gets 25% discount on premium from United India, GIC Re

ONGC gets 25% discount on premium from United India, GIC Re

ONGC's hard bargain with state-run United India Insurance and GIC Re has further brought down its annual renewal premium by almost 25 percent to USD 16 million for both insurance as well as reinsurance covers for its offshore assets valued at USD 34 billion.

India vs South Africa: UPCA takes an insurance cover of Rs 6.5 cr for Kanpur ODI

India vs South Africa: UPCA takes an insurance cover of Rs 6.5 cr for Kanpur ODI

Taking a note from the T20 International match between India and South Africa in Kolkata being abandoned due to poor weather, the Uttar Pradesh Cricket Association has taken an insurance cover of Rs. 6.5 crore for the first ODI scheduled to be held here on Sunday.

Reserve Bank of India to increase insurance cover on deposits

Reserve Bank of India will soon increase insurance cover on bank deposits.

EPFO likely to raise maximum insurance cover to Rs 5.5 lakh

After getting the committee's nod, it will then be placed before the EPFO's apex decision making body the Central Board of Trustees' (CBT) headed by the Labour Minister.

Airlines insurance premium set to jump on Malaysian tragedies

The already struggling domestic airlines may have to pay higher insurance premium this year following the twin tragedy of the Malaysian Airlines, industry officials said.

MCA, RBI to discuss insurance cover for public deposits

The Ministry of Corporate Affairs will hold consultations with the Reserve Bank on the mandatory insurance cover that has been proposed for public deposits garnered by companies.

IRDA's draft proposal for insurance cover to BPL families

Regulator IRDA has come with a draft proposal to expand the reach of insurance cover to Below Poverty Line (BPL) families in the next five years.

Insurance cover also applicable to deposits in co-op banks

The deposit insurance coverage is also applicable to all eligible deposits in co-operative banks, Finance Minister P Chidambaram informed Rajya Sabah Thursday.

Insurance cover for 8 lakh kendu leaf pluckers in Odisha

A Kendu leaf worker would get Rs 37,500 if he or she became partially invalid in accident.

Banks asked to adopt risk management before rising insurance cover

The government has asked the Reserve Bank and Deposit Insurance and Credit Guarantee Corporation (DICGC) to adopt risk management system before doubling the insurance cover for bank deposits to Rs 2 lakh.