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Sunday, July 25, 2010. Private insurers too may axe cashless mediclaim. Private sector general insurers may follow their public sector counterparts in discontinuing the cashless facility to hospitals that do not agree to the package rates proposed by the insurers.Health has been a loss making segment for the industry. With public sector insurers taking the lead in removing errant hospitals from their preferred provider network (PPN), the private sector players consider this the right time to follow suit.

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Sunday, July 25, 2010. Private insurers too may axe cashless mediclaim. Private sector general insurers may follow their public sector counterparts in discontinuing the cashless facility to hospitals that do not agree to the package rates proposed by the insurers.Health has been a loss making segment for the industry. With public sector insurers taking the lead in removing errant hospitals from their preferred provider network (PPN), the private sector players consider this the right time to follow suit.

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INSURANCE NEWS | kjk2709-insnews.blogspot.com Reviews

https://kjk2709-insnews.blogspot.com

Sunday, July 25, 2010. Private insurers too may axe cashless mediclaim. Private sector general insurers may follow their public sector counterparts in discontinuing the cashless facility to hospitals that do not agree to the package rates proposed by the insurers.Health has been a loss making segment for the industry. With public sector insurers taking the lead in removing errant hospitals from their preferred provider network (PPN), the private sector players consider this the right time to follow suit.

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kjk2709-insnews.blogspot.com

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INSURANCE NEWS: L&T General Insurance gets regulatory nod to start businress

http://www.kjk2709-insnews.blogspot.com/2010/07/l-general-insurance-gets-regulatory-nod.html

Sunday, July 25, 2010. L&T General Insurance gets regulatory nod to start businress. L&T General Insurance Company has received final approval from the insurance regulator to commence business. The company is promoted by. The $9.8-billion engineering company, L&T, which controls 100% equity in the non-life company. He said health would be a major focus area for the company and L&T Insurance would eventually have its own health claim management team. For the short-term, however, it would outsource cla...

2

INSURANCE NEWS: January 2010

http://www.kjk2709-insnews.blogspot.com/2010_01_01_archive.html

Monday, January 25, 2010. IRDA TO ALLOW DEMAT ACCOUNT FOR INSURANCE. Keeping policies in electronic format will help customers keep track, while insurers can save on distribution. Mumbai: Buyers of life insurance will now be able to save their policies in a digital form instead of having to maintain paper copies of each transaction over the life of the policy, which typically spans between 20 and 30 years. Dematerialization (demat) means holding an investment in an electronic form, rather than in a physi...

3

INSURANCE NEWS: July 2010

http://www.kjk2709-insnews.blogspot.com/2010_07_01_archive.html

Sunday, July 25, 2010. Private insurers too may axe cashless mediclaim. Private sector general insurers may follow their public sector counterparts in discontinuing the cashless facility to hospitals that do not agree to the package rates proposed by the insurers.Health has been a loss making segment for the industry. With public sector insurers taking the lead in removing errant hospitals from their preferred provider network (PPN), the private sector players consider this the right time to follow suit.

4

INSURANCE NEWS: Insurers may raise limits on healthcare costs to end row

http://www.kjk2709-insnews.blogspot.com/2010/07/insurers-may-raise-limits-on-healthcare.html

Thursday, July 15, 2010. Insurers may raise limits on healthcare costs to end row. The four government-owned general insurance companies that have limited the availability of cashless hospitalisation to those hospitals that agree to their rates would now look at raising their cap on treatment cost to bring in more hospitals under the new system. Financial Chronicle on July 5 was the first to report that the four government owned non-life insurance companies have graded hospitals and fixed the treatment c...

5

INSURANCE NEWS

http://www.kjk2709-insnews.blogspot.com/2010/07/irdas-fiat-on-insurance-agents-finds.html

Sunday, July 25, 2010. Irda's fiat on insurance agents finds many supporters. Insurance Regulatory and Development Authority’s (Irda) latest proposal to make life insurance agents more responsible while selling policies has elicited mixed reactions from life insurers. While some are of the opinion that the move is a step in the right direction and will bring in much-needed accountability, others feel the conditions prescribed are too stringent, resulting in many agents winding up their businesses. Guidel...

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lifeandgeneralinsuranceinindia.blogspot.com

Life and General Insurance in India: Nothing new for insurance sector: Experts

http://lifeandgeneralinsuranceinindia.blogspot.com/2011/03/nothing-new-for-insurance-sector.html

Life and General Insurance in India. Tuesday, March 1, 2011. Nothing new for insurance sector: Experts. Insurance companies have reacted in a varied manner to Finance Minister Pranab Mukherjee's proposals for the sector in his budget for 2011-12. Some termed it a boost for the players. The finance minister's announcement that the insurance bill will be considered in this session (of parliament) is a great boost to the industry," Nageswara Rao, CEO and MD, IDBI Federal Life Insurance Company Ltd, said.

lifeandgeneralinsuranceinindia.blogspot.com

Life and General Insurance in India

http://lifeandgeneralinsuranceinindia.blogspot.com/2011/03/waive-service-tax-on-insurance-premium.html

Life and General Insurance in India. Tuesday, March 1, 2011. Waive service tax on insurance premium. Recommendation, the non-life insurance sector has demanded the waiver of service tax on insurance premium and also substantial increase in tax deduction limit under section 80D for mediclaim policies.Alternatively, they should at least exempt health insurance products and the Government sponsored health schemes from the purview of service tax. The company-wise budget expectations are as follows:. Ii) Waiv...

lifeandgeneralinsuranceinindia.blogspot.com

Life and General Insurance in India: Insurance companies' IPOs next fiscal as IRDA gives final touches to equity norms

http://lifeandgeneralinsuranceinindia.blogspot.com/2011/01/insurance-companies-ipos-next-fiscal-as.html

Life and General Insurance in India. Tuesday, January 18, 2011. Insurance companies' IPOs next fiscal as IRDA gives final touches to equity norms. NEW DELHI: Insurance companies will be able to raise funds through public floats next fiscal with the insurance watchdog set to announce guidelines for equity issues by life insurance companies early next month. In October last year, market regulator Sebi had allowed life insurance companies to issue public offers. According to the draft guidelines compile...

lifeandgeneralinsuranceinindia.blogspot.com

Life and General Insurance in India: LINK TO INSURANCE SITES

http://lifeandgeneralinsuranceinindia.blogspot.com/2010/02/link-to-insurance-sites.html

Life and General Insurance in India. Tuesday, February 2, 2010. LINK TO INSURANCE SITES. Subscribe to: Post Comments (Atom). LINK TO INSURANCE SITES. Lic and gic union news. Picture Window template. Powered by Blogger.

lifeandgeneralinsuranceinindia.blogspot.com

Life and General Insurance in India: February 2010

http://lifeandgeneralinsuranceinindia.blogspot.com/2010_02_01_archive.html

Life and General Insurance in India. Tuesday, February 2, 2010. LINK TO INSURANCE SITES. Subscribe to: Posts (Atom). LINK TO INSURANCE SITES. Lic and gic union news. Picture Window template. Powered by Blogger.

lifeandgeneralinsuranceinindia.blogspot.com

Life and General Insurance in India: Different IPO norms for life, non-life insurance

http://lifeandgeneralinsuranceinindia.blogspot.com/2011/03/different-ipo-norms-for-life-non-life.html

Life and General Insurance in India. Tuesday, March 1, 2011. Different IPO norms for life, non-life insurance. The Economic Survey 2010-11 has proposed a different set of disclosure requirements for life and nonlife insurance firms for initial public offers (IPO) because of the distinct nature of the two businesses. 8220;While life insurance is a long-term contract, non-life or general insurance are usually of one-year contracts. In respect to life insurance companies, assumption of current and futur...

lifeandgeneralinsuranceinindia.blogspot.com

Life and General Insurance in India: March 2011

http://lifeandgeneralinsuranceinindia.blogspot.com/2011_03_01_archive.html

Life and General Insurance in India. Tuesday, March 1, 2011. Waive service tax on insurance premium. Recommendation, the non-life insurance sector has demanded the waiver of service tax on insurance premium and also substantial increase in tax deduction limit under section 80D for mediclaim policies.Alternatively, they should at least exempt health insurance products and the Government sponsored health schemes from the purview of service tax. The company-wise budget expectations are as follows:. Ii) Waiv...

lifeandgeneralinsuranceinindia.blogspot.com

Life and General Insurance in India: IPO norms for life insurance cos will be ready by February

http://lifeandgeneralinsuranceinindia.blogspot.com/2011/01/ipo-norms-for-life-insurance-cos-will.html

Life and General Insurance in India. Tuesday, January 18, 2011. IPO norms for life insurance cos will be ready by February. Public float guidelines for life insurance companies will only be ready by February, according to the Insurance Regulatory and Development Authority Chairman, Mr J Hari Narayan. The IPO guidelines compiled by IRDA for life insurance companies require companies to be in operation for the last 10 years. Last October, SEBI had approved life insurance companies to issue IPOs. Ac...8220;...

lifeandgeneralinsuranceinindia.blogspot.com

Life and General Insurance in India: March 2010

http://lifeandgeneralinsuranceinindia.blogspot.com/2010_03_01_archive.html

Life and General Insurance in India. Monday, March 15, 2010. UPDATED AS ON 15-07-2010. Labels: lic and gic union news. Subscribe to: Posts (Atom). UPDATED AS ON 15-07-2010. Lic and gic union news. Picture Window template. Powered by Blogger.

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kjk2709-insnews.blogspot.com

INSURANCE NEWS

Sunday, July 25, 2010. Private insurers too may axe cashless mediclaim. Private sector general insurers may follow their public sector counterparts in discontinuing the cashless facility to hospitals that do not agree to the package rates proposed by the insurers.Health has been a loss making segment for the industry. With public sector insurers taking the lead in removing errant hospitals from their preferred provider network (PPN), the private sector players consider this the right time to follow suit.

kjk2709-unionnews.blogspot.com

UNION NEWS

Monday, April 19, 2010. Public insurers may offer 17.5% hike in wages. The Government has agreed to meet the insurance employees' demand for a 17.5- per-cent increase in wages, though it remained non-committal on pension. Also conditions stipulated in the management agenda are not acceptable to the unions. They relate to compulsory retirement of employees, with no mention of any voluntary retirement scheme. The last round of the VRS in the insurance industry resulted in the migration of skilled and exper...

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