Rs 15,167 cr unclaimed money lying with life insurance companies
New Delhi, July 29 : A staggering amount of Rs 15,167 crore amount belonging to policyholders is lying unclaimed with 23 life insurance companies, according to latest regulatory data.
On the basis of this information, the Insurance Regulatory and Development Authority of India (IRDAI) has asked the companies to disburse old insurance claims after identifying the concerned policyholders or beneficiaries.
As per the data released, of the total unclaimed amount of Rs 15,166.47 crore as on March 31, 2018, state-run Life Insurance Corporation towers over other companies in the unclaimed list with Rs 10,509 crore, while the 22 private sector insurers account for the remaining Rs 4,657.45 crore.
Among private companies, ICICI Prudential Life Insurance has Rs 807.4 crore of unclaimed insurance claims, followed by Reliance Nippon Life Insurance (Rs 696.12 crore), SBI Life Insurance (Rs 678.59 crore) and HDFC Standard Life Insurance (Rs 659.3 crore).
Insurance companies are required to update information regarding unclaimed amounts on their websites on six-monthly basis.
IRDAI has earlier asked the life insurance companies to provide a search facility on their website to enable policyholders or beneficiaries ascertain any unclaimed amounts due to them that are still lying with the firms.
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Delhi court extends gangster Anmol Bishnoi's NIA custody by 7 days
New Delhi (PTI): A Delhi court on Friday extended the NIA custody of deported gangster Anmol Bishnoi by seven more days.
Special Judge Prashant Sharma ordered the extension during a hearing conducted at the National Investigation Agency's (NIA) headquarters here amid high security.
The hearing was not conducted at the designated court in the Patiala House courts as the NIA cited a high security risk to Bishnoi because of threats given by Pakistani gangster Shahzad Bhatti.
Sources said the agency sought the extension of Anmol's custody by seven more days on the ground of conducting further probe, which the judge allowed.
Wanted in connection with the killing of Nationalist Congress Party (NCP) leader Baba Siddique, firing at actor Salman Khan's residence in April 2024, the killing of Punjabi singer Sidhu Moosewala, among other crimes, Anmol was "removed" from the United States on November 18.
He was detained in the US in November last year.
After being produced before a special judge in the Patiala House courts on November 18, he was sent to the NIA's custody for 11 days.
On November 29, Anmol, the brother and a close aide of gangster Lawrence Bishnoi, was sent for further custodial interrogation till December 5.
Absconding since 2022, US-based Anmol is the 19th accused to be arrested for involvement in the terror-gangster syndicate led by his jailed brother.
