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The Latest Breaking News from ICICI Lombard

How a Gujarat car owner claimed Rs 1.25 lakh insurance without any proof of accident?

A Surat car owner received Rs 1.25 lakh from ICICI Lombard after a consumer commission ruled the undisputed car damage warranted compensation, even though the accident's circumstances were unproven. The insurer had rejected the claim, citing a lack of justification and an independent investigator's report highlighting inconsistencies. The commission found…

The Economic Times

Insurers racing to ‘AI-proof’ systems as IRDAI flags risks

Indian insurers are rethinking how they assess cyber risks. Regulators have asked them to review exposure to artificial intelligence-driven cyber threats. Traditional underwriting models may not be enough. New threats like AI-enabled phishing and deepfake fraud are evolving rapidly. Insurers are shifting to new risk assessment frameworks. This is a…

The Economic Times

Best ways to find the right health insurance policy: A comparison of ICICI Lombard, HDFC Ergo, Care, Niva Bupa, Tata AIG policies

Choosing a health insurance policy involves more than just premium cost. This comparison of leading Indian insurers highlights key features like room rent limits, restoration benefits, and claim settlement ratios. Understanding these details is crucial for policyholders to manage out-of-pocket expenses during medical emergencies.

The Economic Times

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What is the MSCI India Index and why it matters

NEW DELHI: Global indices service provider MSCI had earlier this month announced a couple of inclusion and exclusion, along with changes in weightages of a few Indian stocks, which has influenced flows in these stocks. While it has added four stocks to its MSCI India index, namely Tata Elxsi, Adani…

The Times of India

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