Insurers get 9,700 claims worth Rs 150 crore for Covid-19 General insurers have received over 9,700 claims amounting to Rs 150 crore over Covid-19. The data from General Insurance Council shows that as on June 6, 2020, around 5,600 claims have been registered only in Maharashtra. Participants in the non-life insurance industry believes that given the...
Future Group looks to exit all its insurance businesses Future Group has held discussions with private equity fund True North, Sunil Munjal-promoted Hero Corporate Services and Azim Premji-promoted private equity fund PremjiInvest to sell off its promoter holding in the two insurance subsidiaries Kishore Biyani-promoted debt-laden Future Group is planning to exit both its general...
Projects worth Rs 21.11 lakh cr at a standstill in red zone districts: Report While the government has relaxed lockdown norms, as many as 8,917 projects worth over Rs 21.11 lakh crore across various sectors under execution in 108 red zone districts are at a standstill even now, a survey said. When the government announced...
With help of Insurance Broker, A customer can visualize entire insurance market in direction of its insurance needs. Customers do not need to run from one insurance company to another, to seek what is best available. Insurance Brokers understands a customer insurance requirement & objectives and thereafter approach insurance market in direction to what is...
Liability insurance is a policy type that extends considerable protection to businesses houses and individuals from the risk that they may be held legally or sued for some type of negligence, malpractice or injury or alike. Some of the majority used types are as follows. Commercial General Liability Insurance/Public Liability/Third Party Liability This insurance basically...