Insurance co liable even if driver's licence fake

In a major judgement to help innocent road accident victims, the Supreme Court has ruled that an insurance company was liable to pay compensation to the victims even if the driver of the vehicle,......

State-run non-life insurers' unions seek merger of all 4 companies

Employee unions of four state-owned non-life insurers have called for a merger of all these companies and form a single general insurance behemoth to strengthen their market share and become more......

ICICI Pru Life files for India's biggest IPO in six years

ICICI Pru Life is expected to be listed later this year. India's ICICI Prudential Life Insurance Co Ltd has filed for an initial public offering of shares, which sources have said could raise about......

Are private hospitals ripping off customers?

While developing a methodology to work out pricing structures for various procedures is critical to avoid price gouging by some hospitals, insurance firms need to look at solutions like co-payment......