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TERRORISM INSURANCE ACT
Banks, fintechs join forces to fight money laundering, terror financing under new platformIndia's financial sector has launched a new platform called ARIFAC. This brings together banks, NBFCs, payment firms, insurers, and other e...- No parity between Agniveers, regular soldiers on pensionary benefits: Centre to HCThe Union government has told the Bombay High Court that Agniveers are different from regular soldiers. This means families of deceased Agn...
- TCS declares Nashik WFH; Wipro Q4 resultsTata Consultancy Services has moved staff to work from home amid an ongoing investigation at its Nashik office. This and more in today’s ET...
- West Asia war: Marine war-risk insurance tightens as reinsurers adopt no-market stanceWest Asia war: Reinsurers are pulling back marine war-risk cover amid heightened geopolitical risks after failed US-Iran talks, prompting I...
- Ministries meet to put a cover on ships in war zoneIndian ministries are creating a sovereign-backed insurance plan. A $100 million Bharat Marine Pool is being formed by insurers to cover sh...
- Does your life insurance policy cover death due to war, terror attacks?Life insurance policy exclusions: Many individuals do not read the life insurance policy exclusions at the time of buying. Not reading and ...
- Irdai issues draft anti money laundering rules for selling insurance policiesInsurers have the responsibility for guarding against insurance products and services being used to launder unlawfully derived funds or to ...
- Insurance against terror: What's covered and what's notMost travel insurance policies do extend coverage to claims arising out of terrorist attacks, while abroad. But be mindful of the exclusion...
- Premiums for political risk insurance up 100-600% in war-torn countries: JLTSuch policies offer cover against damage to property due to acts of political violence and terror. Companies are also insured for losses du...
- Does your policy cover you against terror attacks?In an increasingly hostile world, it makes sense to seek insurance cover that takes into account possibility of terror strikes and their fa...
- Paris attacks fallout: Insurers foresee pick up in travel insuranceYou need read the fine print carefully to understand the scope of coverage and the items that the company will not pay for.
- Lindt-cafe seige declared terrorist act for insurance claims"I have today declared the siege a terrorist incident for the purposes of the Terrorism Insurance Act," Country's Treasurer Joe Hockey said...
- Make sure your policy covers terror risk tooTerror struck once again at the heart of the country last week, laying bare the vulnerable security infrastructure in the country.
- No standalone terror insurance for Men in BlueThe Indian cricket team does not appear to have a standalone terror cover.
- Three pvt life cos won't cover you for terror attackThree private life insurance cos have excluded death caused by terror attacks from their policy covers.
- Mumbai attacks: Life apart, insurers may take big hitThe damage caused to the heritage Taj Palace and the Trident may turn out to be the first major terror related claim in India.
- Insurers divided over cover for terror attacksThe terrorist attacks in Mumbai have made many wonder if they are covered under their existing insurance policies for such eventualities.
- Now, register for a free terrorism coverA leading public sector non-life insurance provider, Optima Insurance Brokers in alliance with New India Assurance Company, is offering a t...
- Cost of terror insurance unlikely to shoot upThe cost of buying insurance against terrorist acts is unlikely to rise even after Tuesday’s blasts, say insurance companies.
- Cost of terror insurance unlikely to shoot upThe cost of buying insurance against terrorist acts is unlikely to rise even after Tuesday’s blasts, say insurance companies.
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