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View Full Version : Banks Jolted by Record Fraud to Boost India Insurance Sales - Bloomberg



FraudNews
05-10-2018, 07:21 AM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNGDYEDDk8V0ZosLjwLdWziZnO4hbA&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=5_LzWoiLM5LWpweF_4HQCQ&url=https://www.bloomberg.com/news/articles/2018-05-09/insurers-eye-business-boost-from-indian-banks-rattled-by-frauds)


Banks Jolted by Record Fraud to Boost India Insurance Sales (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNGDYEDDk8V0ZosLjwLdWziZnO4hbA&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=5_LzWoiLM5LWpweF_4HQCQ&url=https://www.bloomberg.com/news/articles/2018-05-09/insurers-eye-business-boost-from-indian-banks-rattled-by-frauds)
Bloomberg
The recent frauds mean that more insurance cover for Indian banks will come with higher costs. Marsh said they will end up paying higher premiums, which could have been contained if banks maintained a decade-worth of records of losses and remedial ...

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