Insurance cos to seek changes in MV Act
General insurance cos, led by New India Assurance and ICICI Lombard, will lobby with Chidambaram to free up third-party motor insurance premium and cap claims on such policies.
By ET Bureau | Updated:
MUMBAI: General insurance companies, led by New India Assurance and ICICI Lombard, will lobby with finance minister P Chidambaram to free up third-party motor insurance premium and cap claims on such policies in a meeting scheduled on October 22.
CEOs of 25 non-life insurance companies will take part in the meeting, which will also be attended by M Ramprasad, Irda member (non-life), and secretary general of General Insurance Council.
CEOs of 25 non-life insurance companies will take part in the meeting, which will also be attended by M Ramprasad, Irda member (non-life), and secretary general of General Insurance Council.
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