'Pass on discount on health insurance claim to policyholders'

Last Updated: Tuesday, June 23, 2015, 21:36

IRDAI said the discount should be in absolute monetary terms and every insurer shall make these procedures as part of their detailed guidelines on claim settlement.

Insurance cos settled 90% claims made after HudHud: IRDA

Last Updated: Thursday, February 5, 2015, 18:02

Insurance companies have settled almost 90 percent of over Rs 2,700 crore claims made after 'Hudhud' cyclone in Visakhapatnam last year, a senior Insurance Regulatory and Development Authority of India official said on Thursday.

FM promises insurance claims to farmers in Ramanathapuram

Last Updated: Tuesday, January 7, 2014, 18:42

AIC has about 83.8 percent of the amount required to satisfy the claim to all the eligible farmers, he said, adding that the balance amount will be released on receipt of the remaining contribution.

106 accidental insurance claims settled in lok ada

Last Updated: Sunday, March 10, 2013, 13:41

Altogether 106 cases arising out of accidental insurance claims were settled with an award of Rs 1.23 crore to victims` families at a state level Lok Adalat held here.

Guidelines for traditional life insurance products soon: IRDA

Last Updated: Monday, February 4, 2013, 16:54

He said the insurance advisory committee had considered the guidelines in its last meeting and the same is expected to be placed before the IRDA.

IRDA plans advanced detection system to check claim frauds

Last Updated: Sunday, December 30, 2012, 12:51

Worried over fraud in the health insurance sector, Insurance Regulatory and Development Authority (IRDA) plans to build an advanced detection and prevention system to check fraudulent claims.

Insurance companies paid Rs 262 cr as 26/11 claims

Last Updated: Monday, December 13, 2010, 20:21

Insurers have paid Rs 262 crore towards claims arising out of the 26/11 Mumbai terror attacks and the money came from a corpus set up by general insurers.

About Rs 1,496.22 cr agri insurance claims are pending: Govt

Last Updated: Friday, December 18, 2009, 20:49

Agriculture insurance claims worth Rs 1,496.22 crore are still pending under the government`s insurance scheme, the Rajya Sabha was informed on Friday.