Orders issued against Non-Life Insurers


   

Date of issuing the order

Name of Non - Life Insurer

Brief Description

19.07.10
Tata AIG General Insurance Co. Ltd. Levy of Penalty under Section 105B of the Insurance Act, 1938
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.
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.

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.
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.
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.
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.
20.03.09
National Insurance Imposing a penalty of Rs. 5.00 Lacs on the insurer under Section 105B of the Insurance Act, 1938.
14.05.08
ICICI Lombard  Imposing a penalty of Rs. 5.00 Lacs on the insurer u/s 102 of the Insurance Act, 1938.
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.
25.01.08
United  Imposing a penalty of Rs. 2.00 Lacs on the insurer u/s 14(1) of the IRDA Act, 1999.
25.01.08
National  Imposing a penalty of Rs. 2.00 Lacs on the insurer u/s 14(1) of the IRDA Act, 1999.
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.
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.

 

 


 
 
 

 

 
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