He is not a big fan of the current plan, which raised the deposit
insurance limit to $250,000, for one year.
Previous increases in the
insurance limit could be rationalized as inexact inflationary adjustments aimed at restoring the real level of coverage previously established by the Congress.
Another relevant factor that should be considered in evaluating the $100,000
insurance limit is the distribution of deposit holders by size of account.
About 550 accounts had a total of $7.9 million in deposits that exceeded the federal
insurance limit of $100,000 per depositor per bank.
Ask your agent to explain the coinsurance clause and its relationship to your total property
insurance limit. On subsequent renewals of your property insurance, increase the values slightly to keep pace with inflation, about 4 percent today.
The firm has increased the
insurance limit to USD2.5bn per occurrence.
Global Banking News-January 20, 2016--Azerbaijan to increase
insurance limit on bank deposits
Karachi -- IGI Life
Insurance Limited informed Pakistan Stock Exchange that Quarterly Report of the Company for the period ended June 30, 2019 have been transmitted through PUCARS and is also available on Company's website.
The third-largest player in the motor segment, TPL
Insurance Limited holds a substantial share in the industry's GPW of the segment.
KARACHI -- VIS Credit Rating Company Limited has reaffirmed the Insurer Financial Strength rating of EFU General
Insurance Limited at double A Plus.
Atlas
Insurance Limited is one of the oldest insurance companies in Pakistan.