Even at a time when non-life insurers are raking in crores of rupees as premium and paying far less as claims under the motor third party liability policies, the Centre has proposed a hike in the vehicle insurance premium rates for 2022-23.
A new chairman for the sectoral regulator, review of the existing regulations, consolidation of the players, focus on profitability, larger companies reaping the benefit of investments in technology, upward revision in the third party motor insurance policy are some of the 2022 forecasts by the senior officials of Indian general insurance industry.
Setting the house in order, working towards its core mission of policyholder s interest, speeding up the new company licensing process, avoiding micromanagement are some of the important tasks for the incoming Chairman of Insurance Regulatory .
Summary: Swasth Alliance proposes health insurance claims data exchange medianama.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from medianama.com Daily Mail and Mail on Sunday newspapers.