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 levelplaying field in the life insurance sector by amending the LIC Act to prohibit the staterun insurer from using policy holders fund in setting up subsidiaries in line with private players. Unlike provisions for private players in the insurance...