Orders issued against Non-Life Insurers


   

S.No.

 

Date of issuing the order

Name of Non - Life Insurer

Brief Description

1
10.09.07
New India Assurance Imposing a penalty of Rs. 5.00 Lacs on the insurer
for violation of Section 32B of the Insurance Act, 1938.
2
09.01.08

ICICI Lombard

Imposing a penalty of Rs. 5.00 Lacs on the insurer u/s 14(1) of the IRDA Act, 1999.

3
25.01.08

National

Imposing a penalty of Rs. 2.00 Lacs on the insurer u/s 14(1) of the IRDA Act, 1999.

4
25.01.08

United

Imposing a penalty of Rs. 2.00 Lacs on the insurer u/s 14(1) of the IRDA Act, 1999.

5
25.01.08

New India

Imposing a penalty of Rs. 2.00 Lacs on the insurer u/s 14(1) of the IRDA Act, 1999.

6
14.05.08

ICICI Lombard

Imposing a penalty of Rs. 5.00 Lacs on the insurer u/s 102 of the Insurance Act, 1938.

7
20.03.09
National Insurance Imposing a penalty of Rs. 5.00 Lacs on the insurer under Section 105B of the Insurance Act, 1938.
8
20.03.09
New India Assurance Imposing a penalty of Rs. 5.00 Lacs on the insurer under Section 105B of the Insurance Act, 1938.
9
20.03.09
Iffco Tokyo General Imposing a penalty of Rs. 5.00 Lacs on the insurer under Section 105B of the Insurance Act, 1938.
10
24.06.09
HDFC ERGO General Imposing a penalty of Rs. 5.00 Lacs on the insurer under Section 105B of the Insurance Act, 1938.
11
23.07.09

Reliance

Imposing a penalty of Rs. 20.00 Lacs on the insurer u/s 14 of the IRDA Act, 1999 read with Section 102(b) of the Insurance Act, 1938.

12
19.09.09
New India Assurance Imposing a penalty of Rs. 5.00 Lacs on the insurer under Section
102 of the Insurance Act, 1938.
13
07.01.10
Appolo Munich Health Imposing a penalty of Rs. 10.00 Lacs on the insurer under Section 105B of the Insurance Act, 1938.

 

 


 
 
 

 

 
[Prev.page ][Next.page] [Home ]