Insurance co has to pay accident victim even if driver's licence has expired: HC

An insurance company is liable to pay compensation to the accident victim's kin even if the driving licence of the offending vehicle's driver has expired and not renewed, as an expired licence......

Life insurance Dec new biz premium falls 21.7% to Rs 30,218.71 crore

The new business premium (NBP) of life insurance companies dropped 21.7 per cent year-on-year (Y-o-Y) to Rs 30,218.71 crore in December 2024 on the back of a steep fall in business. Illustration:......

New biz premium of life insurers rises 13% in October

Life insurance companies reported a 13.16 per cent year-on-year (Y-o-Y) growth in new business premium (NBP), totting up Rs 30,347 crore in October, even as the number of policies sold saw a sharp......

Sensex jumps 1,131 points; reclaims 75K

The BSE benchmark index Sensex jumped 1,131 points to revisit the 75,000 level on Tuesday and the NSE Nifty surged 1.45 per cent powered by widespread buying amid a bullish trend in global......

Two Insurers Announce Investment In Bima Sugam

New India Assurance and Niva Bupa have invested in the Bima Sugam India Federation. IMAGE: Debasish Panda, chairman, Irdai. Photograph: ANI Photo The suspense as to the amount raised and the list......