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7 years on, insurer ordered to pay Rs 8.06 cr to Swiss firm subsidiary in fire claim dispute
1+ day, 7+ hour ago (574+ words) The Economic Times...
ASIC confirms investigation into collapsed Sphere Insurance Group
4+ day, 5+ hour ago (374+ words) "ASIC can confirm that it has commenced an investigation and has engaged with the liquidator in connection with that investigation," an ASIC spokesperson told Insurance Business. Read next: ASIC issues warning to AFS licensees ASIC declined to say whether it…...
‘Disciplined Pricing’: Saudi Arabia Tightens Motor Insurance Oversight, Protects Competition
4+ day, 5+ hour ago (1711+ words) Saudi Arabia’s Insurance Authority is tightening oversight of motor insurance pricing to ensure rates are fair, sound and sustainable, while curbing practices that could undermine competition. It has also introduced six regulatory standards for motor insurance pricing, requiring insurers to…...
Joint liability ruling puts India's bancassurance distribution under scrutiny
4+ day, 19+ hour ago (805+ words) A consumer commission in Telangana has ordered a bank and insurer to jointly refund Rs 10 lakh to a 73-year-old retired associate professor, ruling that the policy was issued without her free will or informed consent. The August 27 ruling by the…...
Government to court international insurance firms to tackle high costs for businesses
5+ day, 7+ hour ago (55+ words) Business Post Government to court international insurance firms to tackle high costs for businesses LIV Golf files for bankruptcy protection as Saudi investors flee Amazon starts selling sterling bonds as AI boom grows Dublin Airport operating full schedule after UK…...
NICON Rejects NAICOM Licence Revocation, Insists It Remains A Going Concern As Legal Battle Looms
6+ day, 5+ hour ago (857+ words) NICON rejects NAICOM’s licence revocation, calls recapitalisation exercise “fake and fraudulent” and says the dispute is before court. National Insurance Commission (NAICOM) has revoked the operating licenceof NICON Insurance Limited and appointed a Receiver/Provisional Liquidator to take control of…...
The Lewer Agency Inc. BizSpotlight
6+ day, 1+ hour ago (37+ words) The Lewer Agency Inc. The Business Journals The Lewer Agency Inc. Highlight and promote your company's achievements. People on the Move in Kansas City See More People on the Move Promote employees and highlight your company’s success....
NICON Insurance Ltd: Abuja High Court to hear petition for winding up (In-Liquidation) Sept 21 — National Accord Newspaper %
6+ day, 21+ hour ago (487+ words) Federal High Court Abuja The Federal High Court Abuja has fixed September 21, 2026 for the hearing of a Petition for winding-Up of NICON Insurance Limited. The petition was filed by the Receiver/Liquidator of NICON Insurance limited ( in – liquidation) Chukwuma -Machukwu…...
Exclusive | LIC CEO On Gen Z Chasing Returns While Seeking Insurance Protection - BT TV
1+ week, 7+ hour ago (248+ words) In an exclusive conversation with Business Today Group Editor Siddharth Zarabi, LIC CEO & MD R Doraiswamy explains how Gen Z is changing the way young Indians approach money. He says today’s younger generation is more informed, increasingly focused on wealth…...
Motor Insurance Shifts To Usage-Based Pricing In India
1+ week, 22+ hour ago (304+ words) whalesbook.com The Indian motor insurance industry is undergoing a structural transformation, moving away from traditional, one-size-fits-all policies toward usage-based insurance This new approach, often called 'pay-as-you-drive,' allows premiums to be calculated based on factors such as annual mileage and…...