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Insurance giants 'failing to protect both people and planet' with investments

The insurance industry is contributing to global issues through its underwriting and investment activity, according to analysis by ShareAction. ....

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Insurers not paying fair value on motor claims says regulator

Motor insurers are paying their policyholders less than what their stolen or written off vehicles are actually worth when they make claims, according to the Financial Conduct Authority. ....

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IRDAI clears decks for Bima Sugam for buying, selling, settling claims for insurance policies

Bima Sugam will list insurance products from all life, health, and general insurance categories, providing a comprehensive one-stop shop for insurance needs. ....

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Direct Line shares plummet as insurer rejects higher Ageas takeover bid

Shares in Direct Line fell six percent as it said the group had rejected a second cash-and-shares proposed bid from Ageas that was made on March 9, worth 237p a share valuing the firm at around £3.11 billion. ....

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LIC expects income tax refund of Rs 25,464 crore in Q4, says Chairman

The refund, which is likely to boost the bottom line of the corporation in the fourth quarter, is related to interim bonuses to policyholders in the past seven assessment years. ....

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