#Insurer

The South Delhi District Consumer Commission was hearing a complaint alleging wrongful rejection of a health insurance claim for sleep apnoea surgery by the insurer citing the policy’s 48-month waiting period.

The commission was hearing a 62-year-old policyholder’s complaint alleging deficiency in service after his Rs 2.48 lakh knee surgery insurance claim was rejected over allegedly missing medical records relating to epilepsy and stroke.

Stolen in 2015, the complainant’s Honda City was recovered in a damaged condition and was allegedly returned after unsatisfactory repairs at an authorised workshop, the Delhi consumer forum noted.

MetLife Inc.’s first-quarter earnings surpassed Wall Street expectations, as the insurer continued to cash in higher gains from its private equity portfolio.

The Punjab consumer commission relied on a Supreme Court judgment which clarified that non-disclosure of other policies does not necessarily amount to suppression of facts in life insurance cases.

Poland’s biggest insurance company PZU SA agreed to buy MetLife Inc.’s Ukrainian unit, marking a significant expansion into the war-torn market as Warsaw seeks a leading role in the country’s reconstruction.