Policy Holder

  • Fraud costs ICICI Prudential Rs 90 lakh, probe on March 31, 2013

    New Delhi: Fraudsters have managed to steal customer database from ICICI Prudential causing a "loss" of over Rs 90 lakh to the insurance major after some policy holders either surrendered or discontinued policies believing the cheats. Delhi Police's Economic Offences Wing have launched a probe into it following the registration...
  • Bring LIC on par with pvt firms: IRDA September 24, 2006

    New Delhi: Insurance regulator has recommended to the Government to create level-playing field in the life insurance sector by amending the LIC Act to prohibit the state-run insurer from using policy holders fund in setting up subsidiaries in line with private players. Unlike provisions for private players in the insurance...