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INDIAFIRST LIFE INSURANCE CLAIM SETTLEMENT RATIO
Bank of Baroda to pay $600 million to settle NMC Health insolvency claimsBank of Baroda has agreed to a $600 million settlement with administrators of the insolvent NMC Health Plc. The bank faced allegations of g...03 Jul, 2026, 09.01 AM IST- New EPFO rules mandate 3-day PF settlements, simplify withdrawalsGovernment revamps EPFO rules, mandating PF claim settlements within three days and imposing a 12% penal interest on officials for delays. ...03 Jul, 2026, 12.54 AM IST
- Bank of Baroda settles NMC Health dispute for $600 million; Q1 credit grows 17%Bank of Baroda has settled a significant legal dispute with NMC Health entities for USD 600 million, resolving claims under UAE and UK regu...02 Jul, 2026, 04.23 PM IST
- EPFO's new social security rules tighten claim timelines, mandate digital complianceNew social security schemes under the Code on Social Security are now in effect, prioritizing digital compliance and faster claim settlemen...02 Jul, 2026, 12.41 PM IST
- Prudential HCL Health Insurance gets IRDAI nodIndia's health insurance sector welcomes a new player as Prudential HCL Health Insurance receives regulatory approval. This joint venture, ...02 Jul, 2026, 06.30 AM IST
- Don't worry, banks have shock absorbers: RBIIn its bi-annual Financial Stability Report, the RBI flagged concerns over customer service in the insurance sector and again cautioned tha...01 Jul, 2026, 01.09 AM IST
- Solvency buffers at insurers thinning; general insurance sector more of a concernThe Reserve Bank of India's latest report highlights concerns over thinning capital in the insurance sector. While life insurers remain com...01 Jul, 2026, 12.34 AM IST
- IRDAI chairman urges insurers to build affordable products for Rs 5-25 lakh cover to boost penetrationIRDAI Chairman Ajay Seth called for insurance companies to prioritise covering a broader range of unique lives rather than merely chasing p...30 Jun, 2026, 07.36 PM IST
- 'Creditors can't seek claims beyond okayed resolution plan'Creditors seeking duplicate recoveries from group companies after a resolution plan is finalized will be disappointed, the NCLT ruled. JM F...30 Jun, 2026, 12.30 AM IST
- PFC-REC merger explained: Swap ratio, rationale, other key details as merger set to create Rs 11 lakh cr power financing giantThe proposed merger of Power Finance Corporation and REC will create India's largest power sector financing institution with a combined loa...29 Jun, 2026, 12.01 PM IST
- EPFO 3.0 promises a digital PF experience, but can it fix years of legacy problems?EPFO 3.0 aims to modernize provident fund services through upgraded technology, faster claim processing, simplified withdrawals, digital re...29 Jun, 2026, 12.00 PM IST
- Insurance money left unclaimed? How to trace, verify and recover your moneyNearly Rs 8,974 crore in unclaimed insurance funds is lying with insurers due to missing nominees, outdated records, lost documents and lac...29 Jun, 2026, 11.41 AM IST
- Alera Group data breach settlement: Americans could get up to $3,500 in settlement payouts-know who’s eligible and the claim deadlineA significant data breach settlement from Alera Group Inc. offers thousands of Americans a chance for compensation, with a filing deadline ...25 Jun, 2026, 07.39 PM IST
- How a Gujarat car owner claimed Rs 1.25 lakh insurance without any proof of accident?A Surat car owner received Rs 1.25 lakh from ICICI Lombard after a consumer commission ruled the undisputed car damage warranted compensati...25 Jun, 2026, 04.11 PM IST
- HDFC Life reports 12 per cent premium growth in FY26, retail protection business rises 43 per centHDFC Life Insurance reported a robust 12% year-on-year growth in total premium for FY26, with its retail protection business soaring by 43%...25 Jun, 2026, 03.46 PM IST
- LIC dividend alert! Last day to buy insurance behemoth’s shares for Rs 10 dividendLIC has fixed June 25 as the record date for its Rs 10 final dividend, making today the last opportunity for investors to buy shares to qua...24 Jun, 2026, 08.46 AM IST
- Health insurance: Overall claims experience needs improvement in India; delays, rejections are big pain points in reimbursement, says surveyPolicybazaar's latest Health Claims Experience Index reveals that while cashless claims are preferred, the overall process needs significan...22 Jun, 2026, 11.25 AM IST
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