Insurance India
Latest news, explainers and analysis on Insurance India. Tracking 2 stories on Arth Vani.
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Latest on Insurance India
ICICI Prudential Life Insurance Rebrands to ICICI Life Insurance
ICICI Prudential Life Insurance, a significant player in the Indian insurance sector, is reportedly undergoing a rebranding. The company will now be known as ICICI Life Insurance, according to financial reports. Further specifics regarding the effective date and implications for policyholders are currently awaited.
IRDAI Fines ICICI Lombard ₹1 Crore for Outsourcing, Vendor Management Lapses
The Insurance Regulatory and Development Authority of India (IRDAI) has imposed a penalty of ₹1 crore on ICICI Lombard General Insurance Company. The fine was levied due to deficiencies found in the insurer's outsourcing and vendor management practices.
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