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City Union Bank: A Century of Innovation and Customer-Centric Banking

City Union Bank: A Century of Innovation and Customer-Centric Banking
thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.

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Insurance Company Directed To Pay Rs 10 Lakh With Interest For Service Deficiency

Insurance Company Directed To Pay Rs 10 Lakh With Interest For Service Deficiency
ibcworldnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibcworldnews.com Daily Mail and Mail on Sunday newspapers.

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Outlook on insurance sector looks strong; SBI Life, ICICI Lombard top buys

The Insurance Regulatory Authority of India has given insurers permission to launch group and individual unit-linked life and health insurance products without prior approval. While general insurance has been flourishing in India, the growth of life insurance moderated in April and May 2023 after a surge in March, just prior to regulatory changes. SBI Life is targeting a 20% CAGR in APE over FY23-2025; ICICI Lombard is expecting growth in the motor segment, health segment profitability improvements and benefits from the Bharti AXA merger to help improve the combined ratio and ROE. ....

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Insurance CEOs to meet IRDAI Chairman to press further regulatory relaxations

More regulatory relaxations, consolidation of the regulations, corporatisation of Insurance Information Bureau of India (IIBI), formation of a common software platform for health claims are some the matters that will be discussed by the CEOs of . ....

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Will the Union Govt Appoint an Independent CVO for IRDAI to Boost Vigilance Mechanism?

With finance minister Nirmala Sitharaman categorically stating that the Insurance Regulatory Authority of India (IRDAI) is not exempted from obtaining approval from the Central Vigilance Commissioner (CVC) while appointing its chief vigilance officer (CVO), ....

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