'LIC's proposed investment will come out of what is technically called the 'policyholders funds'.''As the name implies, these monies belong to policyholders; that is, you, me and 25 crore others......
'There’s no scope for a fictitious hospital.' 'We are trying to provide services for risk mitigation and fraud prevention.' Illustration: Uttam Ghosh/Rediff.com. Kunnal Prem, below, chief......
There is discrimination against women in insurance cover. As a flood of insurance companies tap the capital markets with public issues, there is, however, hardly any reference to this asymmetry.......
Companies think they are too big to bow before regulators, says M J Antony. There are around 30 regulators in different economic sectors and they have to deal with corporate titans who are not......
The govt needs to decide whether it wants a regulator to exercise pricing controlsA Supreme Court order last week ruled that the Petroleum and Natural Gas Regulatory Board did not have pricing......