News Asia03 Jul 2015

India:Insurers lose 6% of revenue to fraud each year

03 Jul 2015

Non-life insurance companies in India lose approximately 6% of their revenue annually due to fraud, according to Mr Sanjiv Kumar Dwivedi, Vice President of fraud prevention and loss mitigation at Bajaj Allianz General Insurance. To stem such malpractices, non-life insurers are taking action.

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