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MUMBAI INSURANCE CLAIM
LIC rejects five life insurance claims saying policyholder hid diabetes: Court finds disease diagnosed only after buying the policies; orders over Rs 60 lakh payoutLIC rejects five life insurance claims saying policyholder hid diabetes: The National Consumer Disputes Redressal Commission has ordered LI...- ICICI Lombard Q1 profit slumps 46% to Rs 403 crore on fire claims, SC verdict impactICICI Lombard's net profit fell 46 per cent in the June quarter. This decline resulted from two large fire insurance claims. A Supreme Cour...
- India's war-risk insurance pool faces its first real-world testIndia's new maritime insurance pool has received its first claim. A vessel covered by the arrangement was damaged in a drone attack. This i...
- Life insurers seen posting mixed Q1 nos, health players likely to outperformLife insurers anticipate slower premium growth amid economic uncertainty and geopolitical tensions. Health insurers are poised for strong p...
- Japan's Sompo eyes big India play after insurance reformsIn the wake of an increase in the FDI limit, Japan's Sompo Holdings is keen on expanding its operations in India, viewing it as a crucial m...
- Gujarat to provide Rs 6,800 assistance to all flood-affected families in Surat: Deputy CM Harsh SanghaviGujarat's Deputy Chief Minister announced expedited flood relief measures for Surat city. Financial assistance for household items has reac...
- Demerger may not be tax-neutral if holding company issues shares: Mumbai ITATMumbai ITAT ruled demerger share issuance by holding company invalidates loss carry-forward. A subsidiary receiving business must issue sha...
- View: Meta's cloud play will spice up Ambani-Adani rivalryMeta Platforms is leasing its excess AI compute capacity to enterprise clients. This move will reshape the rivalry between Indian tycoons M...
- Enrol under PM Fasal Bima Yojana by July 31: Maharashtra agriculture minister to farmersMaharashtra Agriculture Minister Dattatray Bharane has urged farmers to enroll in the Pradhan Mantri Fasal Bima Yojana by July 31. This rev...
- Insurance regulator IRDAI plans overhaul of commission rules to curb mis-selling, sources sayIndia's insurance regulator is set to overhaul distributor commissions, proposing payments spread over a policy's life to curb mis-selling ...
- Man dies in motor accident, family seeks Rs 2.25 crore in damages: Here's why SC fixes ‘fair’ compensation based on his ITR, sets a precedentManoranjan Pandey, who lost his life in the tragic accident in 2018, was the sole breadwinner of his family, according to the 2019 appeal f...
- Catch 'em before they fall: India's new climate safety netIndian cities face a dual threat of extreme heat and torrential monsoons, severely impacting informal workers. Traditional insurance and go...
- 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%...
- You Do Not Need ₹15 Crore to Retire Comfortably: How Bonds Can Build Predictable Retirement IncomeForget the daunting ₹15 crore retirement myth. For a couple retiring in their early 50s with ₹1 lakh monthly expenses, a ₹4-5 crore corpus ...
- Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 26%The bulls, who were making a comeback attempt after the US-Iran peace deal, have been hit by the global meltdown in IT services stocks. As ...
- Govt announces key leadership changes in insurance sectorDinesh Pant, managing director at Life Insurance Corporation of India, has been appointed whole-time member (actuary) at IRDAI, while Girij...
- Insurers face margin pressure amid rising competition, costs; rural protection gap persists: ReportIndian insurers are feeling the pinch from fierce price wars and increasing operational expenses. To thrive, they must manage capital wisel...
- Travel claims for non-medical insurance like trip cancellation, delays surpass medical cases: AsegoAs of 2025-26, the focus of travel insurance claims has transformed significantly. A staggering 16,000 claims pertain to non-medical issues...
- SC's ₹30,000 homemaker benchmark may lift accident compensation payoutsA Supreme Court ruling has assigned a notional monthly value of ₹30,000 to unpaid household work. This decision is expected to significantl...
- The hidden cost of looking better: What health insurance covers, and what it leaves you to payRising demand for weight-loss drugs, cosmetic procedures and wellness treatments is creating a growing out-of-pocket healthcare expense cat...
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