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The mandatory third-party auto insurance has put insurers in a dilemma [Posted by: InsuringIndia News on Monday, February 09, 2015 12:00 AM ]

The Insurance Ordinance which makes third-party auto insurance mandatory has put general insurance companies in a dilemma; as it would increase their losses, prompting them to seek a tidy hike in the premium.

For general insurance companies, the third-party auto insurance business is a loss-making segment. The industry, in this portfolio, is burdened with loss of Rs 7,000-8,000 crores every year.

Following the ordinance, the Insurance Regulatory and Development Authority (IRDA)

The Finance Minister to present Insurance Amendment Bill in Rajya Sabha today [Posted by: InsuringIndia News on Wednesday, December 17, 2014 12:00 AM ]

The Finance Minister, Shri Arun Jaitley will present the Insurance Amendment Bill for consideration and passing in Rajya Sabha today. This Bill aims to hike the foreign direct investment from 26 per cent to 49 per cent. The Congress has already given its nod to the Bill paving the way for a long pending economic reform. However, the passing of the bill will not be a smooth sailing for the NDA government as regional parties like Trinamool Congress, Janata Dal United, Samajwadi Party have already

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एजेंट को न करें बीमा पॉलिसी का भुगतान
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मौसम आधारित फ़सल बीमा योजना: कम लागत में सम्पूर्ण सुरक्षा
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ज़रूर ख़रीदें जीवन एवं स्वास्थ्य बीमा पॉलिसियां
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