Insurance Ordinance

Third-party motor cover has industry in tizzy

Following the Insurance Ordinance, the regulator Irda has clarified that each general insurer has to ensure that third-party cover is made available to the insured in proportion of its market share.

Feb 08, 2015, 21:35 PM IST

Trade unions slam coal, insurance ordinance; threatens strike

Criticising the Centre's move to issue ordinances on FDI in the insurance sector and coal block allocation, central trade unions including RSS-affiliated BMS said such moves were "highly detrimental" to national interest and threatened a nationwide strike.

Dec 28, 2014, 09:10 AM IST

Insurance Ordinance to help firms raise funds: Fin Min

The Finance Ministry on Saturday said the Ordinance for insurance sector reform will help companies raise capital through new and innovative instruments, besides promoting economic growth and job creation.

Dec 27, 2014, 21:19 PM IST