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ICICI LOMBARD PENALTY
Irdai fines ICICI Lombard Rs 1 crore for outsourcing, vendor management lapsesThe Insurance Regulatory and Development Authority of India has imposed a ₹1 crore penalty on ICICI Lombard General Insurance for lapses in...- Planning retirement & child's education through mutual funds? Expert explains SWP, taxation, portfolio rebalancingAn investor seeks expert guidance for his daughter's education and retirement goals. A financial planner suggests a diversified portfolio a...
- Bombay High Court stay brings GST relief to over a dozen insurersThe Bombay High Court has provided interim relief to over a dozen insurance companies. A significant GST demand and associated penalties am...
- New data law spurs huge spike in cyber insurance demandInsurers said they are seeing a 20-25% increase in demand for cyber insurance, turning it from an optional add-on to a necessary tool for c...
- ICICI Pru Life gets GST demand notice of Rs 270 crShares of ICICI Prudential settled at Rs 526.55 apiece, up 0.56 per cent over previous close on the BSE. In a separate filing, ICICI Lombar...
- ICICI Lombard gets GST demand notice of over Rs 5.66 croreICICI Lombard General Insurance has received a demand notice for alleged short payment of GST (Goods and Services Tax) amounting to over IN...
- GST Evasion Notice: DGGI seeks Rs 3k crore from ICICI Lombard and other insurance cosThe Directorate General of Goods and Services Tax Intelligence (DGGI) has issued notices to several insurance companies, including ICICI Lo...
- Stocks in news: Delta Corp, SBI, SAMHI Hotels, Bajaj Finance, ICICI LombardState Bank of India (SBI) has raised about Rs 10,000 crore through issuance of infra bonds, which carry a coupon rate of 7.4%. This is the ...
- Few states debar 4 insurance firms from PMFBY due to complaints: GovernmentIn a written statement, Agriculture Minister Narendra Singh Tomar said the government had received some complaints against insurance firms ...
- Stocks in the news: Tata Motors, IOC, Bajaj Auto, IDFC First Bank and DHFLIDFC First Bank reported a net loss of Rs 1,639 crore for the third quarter ended December 31.
- Irdai slaps Rs 1 cr penalty each on ICICI Lombard, Tata AIG for violation of normsRegulator Irdai has imposed a penalty of Rs 1 crore each on ICICI Lombard GIC and Tata AIG General Insurance Company for violation of vario...
- Insurance stocks' prices hit 52-week highs: Should you invest?All three listed life insurers and private general insurer ICICI Lombard hit 52-week highs on October 22 and 23.
- Stiff fines drive third-party motor insurance businessInsurers said that the stricter enforcement of penalties by the police has led to this massive surge in customers buying mandatory third-pa...
- Demand for motor cover spikes on penalty fearsThe cost of insurance is less than penalties under the new Motor Vehicles Act.
- Motor cover renewals up 6x on finesAs traffic violators start paying hefty penalties under the new Motor Vehicles Act 2019, renewal of vehicle insurance policies has a seen a...
- Cybersecurity insurance companies run into data smogLack of actuarial data on cyberattacks, murky disclosures by corporate victims and the incredible speed at which a breach may spread global...
- Irdai fines ICICI Lombard Rs 10 lakh for violating insurance normsIrdai said the company made modifications in its Group Janata Personal Accident Insurance Policy which was not approved by the Irdai.
- IRDA slaps Rs 50 lakh penalty on ICICI LombardInsurance Regulatory and Development Authority has asked ICICI Lombard General Insurance Co to pay the fine within 15 days of the order iss...
- IRDA directs motor insurance companies to ensure nomination papers are duly filledThe directive follows complaints that insurers have evaded crores of rupees in claims because the nomination papers were not properly fille...
- IRDA imposes penalties on 10 insurance cos: PranabIRDA imposed penalties on 10 insurance cos, including LIC, in 2008-09 and 2009-10 for violation of regulations.
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