Stories Tagged 'Insurance board'
The Insurance Board (IB) has moved to conduct regular onsite inspections of insurance companies, targeting to streamline the working processes of insurers more effectively.
full story »
Policyholders are the fourth group of creditors to be paid in case an insurance company goes into liquidation as per the Insurance Bill currently being discussed in Parliament. Insurance Board (IB) officials said the provision could discourage people from buying insurance policies.
full story »
Insurance stocks took off on Sunday following the disclosure by the Insurance Board that insurance companies would have to increase their paid-up capital.
full story »
People eligible for grant of Rs300,000 to rebuild houses devastated by earthquakes of April and May 2015 may soon have to purchase household insurance policies, as the Insurance Board (IB), the insurance sector regulator, has started laying the groundwork in this regard.
full story »
The Insurance Board (IB) has hiked the insurance coverage amount by five times in the case of death of passengers in vehicle accidents, effective from the beginning of the next fiscal year.
full story »
-
The Insurance Board (IB) has proposed forming an Insurance Authority to regulate the insurance sector by creating a new insurance act.
full story »