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12 Mar 2023

HC Rejects Insurance Firm's Plea Against Compensation, Says 'Not Act Of God'

The tribunal in its order had noted the victim was the sole bread-earner of his family. The insurance company in its appeal said the compensation amount was exorbitant and excessive and that the tyre burst was an act of God and not negligence on the part of the driver.

02 Sep 2022

Here's HOW to take loan at low interest rate from your insurance company

You can borrow a loan against an insurance policy. NBFCs or banks provide loans against policy at low-interest rates. After document verification, the loan is sanctioned after some time.

02 Oct 2021

No evidence to prove lung cancer caused by smoking addiction, says court

The court said there was no evidence to prove that the patient suffered from lung cancer due to his addiction to smoking, apart from the mention of "addiction smoking" on the treatment papers.

Future Generali Insurance Company

04 May 2017

'Baahubali 2' gets a Rs 200-crore Future Generali cover

Future Generali Insurance Company on Thursday insured the Telugu movie 'Baahubali 2' for over Rs 200 crore under its film package insurance product.

29 Sep 2016

Max Life, HDFC Life merger to be completed in 12 months

With Max Financial Services getting merger approval from minority shareholders, the amalgamation of Max Life and HDFC Life is likely to be completed in the next 12 months.

08 Dec 2015

Employee killed on duty can get compensation, rules court

If an employee is murdered while performing his duty, he is eligible for compensation under the Employees Compensation Act, a Thane court has held.

20 Nov 2015

Kotak Mahindra Gen Insurance gets IRDAI nod to commence biz

Kotak General Insurance has received permission to underwrite all classes of general insurance business (including health insurance).

17 May 2015

'Public sector insurance firms defeating govt's objectives'

The apex consumer commission has imposed a punitive cost of Rs 10 lakh on a public sector insurance company for wrongly denying claims of several people, saying such firms "are always at their best in defeating noble objectives of any welfare scheme".

04 Sep 2014

Standard Life says sells Canadian assets for £2.2bn

British financial services provider Standard Life has agreed to sell its Canadian activities to Manulife of Canada for £2.2 billion ($3.6 billion, 2.8 billion euros), it said on Thursday.

07 Aug 2014

Keenly watching developments over Insurance Bill: Metlife

The Insurance Amendment Bill is pending passage in Parliament as several opposition parties, including Congress, are opposing the Bill in its present form.

Maxlife Insurance

30 Jun 2014

Maxlife Insurance launches new customer centric initiative

The share of life insurance as part of personal finance portfolio is declining and its penetration has also been adversely affected.

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