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Insurance Foundation of India
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Training Programme "Risk Assessment and Fire (Property) Insurance" on Friday, 08th Dec 2017 at PHD House, New Delhi
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Media Coverage
 
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During this week we have come across 2 news item:
  1. SBI Life Insurance Co. Ltd. has been ordered to return Rs.275 crores to lakhs of clients who took housing loan from SBI,which is No.1 Bank in the country. This bank was using an arm twisting technique with housing loan clients. They were compelled to buy Insurance from SBI Life and that too at uncompetitive premium rates.

  2. Read Complete News from below link
    SBI Life Insurance Co. Ltd. has been ordered to return Rs.275 crores

Question arises – Why only return of premium. Why not interest also? Why not even pay penalty charges?

One thing is certain that reputation of SBI Life & SBI has gone down in the eyes of the masses – common man.

  1. ICICI Lombard will face CBI Investigation for weather Insurance/ RSBY cases.

  2. Read Complete News from below link
    ICICI Lombard faces CBI probe

This shows that subsidy of the Central Government/ State Government has been misused by the Insurance Company to increase profits.

We have always propagated that subsidy should be avoided.

Here also one thing is certain that reputation of ICICI Lombard General Insurance as well as ICICI bank has gone down in the eyes of the masses – common man.

 
 
Global Insurance Conferences/ Events
ASSOCHAM - 10th Global Insurance Summit on 22nd September 2017 at Hotel Taj Lands End, Mumbai   more........
 
Upcoming Seminar
ASSOCHAM - 10th Global Insurance Summit on 22nd September 2017 at Hotel Taj Lands End, Mumbai
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