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Fraud in motor claim
Now a days so many people are taking new policy for insurance coverage after the accident took place with the help of insurance agents.. Issuing new policy without seeing the vehicle and taking photograph are common. It s very easy in Cholamandalam M.S insurance and HDFC Ergo.. As a Loss Assessor we are facing 2-5 such claims monthly .
Also Transfering of policy names after the accident tookplace ( before inspecting the vehicle) is common and are also increse claim ratio... jk
Source: Fraud claim in motor insurance
Hdfc Motor Insurance - News
Accumulate ICICI Bank; target Rs 1200: Emkay Myiris.com
- Feb 01, 2012
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHC1tucTpRa0FsTYKR3fbYbs9r6CQamp;url=http://www.myiris.com/newsCentre/storyShow.php?fileR%3D20120201181440200%26dir%3D2012/02/01b#39;Accumulate#39; ICICI Bank; target Rs 1200: Emkay/b/abr /font size=-1bfont color=#6f6f6fMyiris.com/font/b/fontbr /font size=-1This is against over 6%+ qoq increase in GNPA for its peers bHDFC/b Bank (GNPA at Rs20.2billion up 7% qoq) and Axis Bank (GNPA at Rs 19 billion up 10% qoq). Resultant, net profit at Rs 17.3 billion was up 20% yoy (15% qoq) and significantly ahead of our b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=dR-dlMEaQyTKt9Mnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table
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Beating the slowdown Hindu Business Line
- Jan 24, 2012
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEdK4Hjb3yCSGqo_pQb5bm05Pv6EQamp;url=http://www.thehindubusinessline.com/features/brandline/article2828378.ece?homepage%3Dtrue%26ref%3Dwl_homeimg src=//nt0.ggpht.com/news/tbn/xOAOoZEc5Tm-5M/6.jpg alt= border=1 width=80 height=80 /br /font size=-2Hindu Business Line/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEdK4Hjb3yCSGqo_pQb5bm05Pv6EQamp;url=http://www.thehindubusinessline.com/features/brandline/article2828378.ece?homepage%3Dtrue%26ref%3Dwl_homebBeating the slowdown/b/abr /font size=-1bfont color=#6f6f6fHindu Business Line/font/b/fontbr /font size=-1Shashank Srivastava, Chief General Manager (Marketing) of bcar/b maker Maruti Suzuki is spending more of his marketing budget on digital advertising this year. At Rs 15 crore, digital spends will be double of last year. It#39;s a more efficient medium no b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=dUt9AW_G0byuMmMnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table
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For Sensex, this January is the best since 1994 Hindu Business Line
- Jan 31, 2012
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHjyGEqbsU3dk2fhwMAg1hEjjVi2Qamp;url=http://www.thehindubusinessline.com/markets/stock-markets/article2848255.eceimg src=//nt1.ggpht.com/news/tbn/QePpIRpjp74VnM/6.jpg alt= border=1 width=80 height=80 /br /font size=-2Hindu Business Line/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHjyGEqbsU3dk2fhwMAg1hEjjVi2Qamp;url=http://www.thehindubusinessline.com/markets/stock-markets/article2848255.ecebFor Sensex, this January is the best since 1994/b/abr /font size=-1bfont color=#6f6f6fHindu Business Line/font/b/fontbr /font size=-1Tata bMotors/b closed January with a return of 37 per cent, and Tata Steel ended 35 per cent up. However, half of the 1700-point gain of the Sensex in January was contributed by the stocks of ICICI Bank, Lamp;T, Reliance Industries and bHDFC/b Bank./fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHvjXeOfGWCxZfzu-v-m9ntj9Y8PAamp;url=http://www.moneycontrol.com/news/wire-news/sensex-falls-371-points-snaps-six-session-rally_659135.htmlSensex falls 371 points, snaps six-session rally/afont size=-1 color=#6f6f6fnobrMoneycontrol.com/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=d4HlXPxQTIpOBRMmWuyL0xy1wmwvMnobrball 389 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table
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Indian shares slump Business Recorder (blog)
- Jan 30, 2012
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNF2IugPom3wpycKQVj25CcYueGHhwamp;url=http://www.brecorder.com/market-data/stocks-a-bonds/single/636/0/1148926/bIndian shares slump/b/abr /font size=-1bfont color=#6f6f6fBusiness Recorder (blog)/font/b/fontbr /font size=-1Lenders ICICI Bank and bHDFC/b Bank fell 4 and 1 percent, respectively, while top lender State Bank of India fell 2.7 percent. Top mobile operator Bharti Airtel ended 4.7 percent down at 357.15 rupees, while vehicle makers Tata bMotors/b and Maruti Suzuki b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=dc4jDRNn-AzxqjMnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table
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EU leaders vow faster eurozone reform after SP downgrades Chandigarh Tribune
- Jan 15, 2012
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGREJFVqk6KgYnzijZ5nGFVaSk4_gamp;url=http://www.tribuneindia.com/2012/20120116/biz.htmbEU leaders vow faster eurozone reform after Samp;P downgrades/b/abr /font size=-1bfont color=#6f6f6fChandigarh Tribune/font/b/fontbr /font size=-1Otherwise, only four Tata group firms — Tata bMotors/b, Tata Steel, Tata Power and Titan — have posted a gain of close to Rs 20000 crore in their cumulative valuation. Financial services conglomerate bHDFC/b group has gained Rs 15000 crore of valuation so b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=d0knHpvlZ7cIB9Mnobrb/b/nobr/a/font/div/font/td/tr/table
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