National Insurance Company hopes to achieve breakeven in three years The general insurance company’s net loss stood at Rs 1,679 crore in FY22 against a net loss of Rs 565… 3 years agoApril 21, 2023
PSU general insurance firms see a dark tunnel ahead The public sector general insurance companies have been losing out to private players for many years now, and the slide… 3 years agoApril 18, 2023
Livestock insurance scheme to get a facelift At present, out of the 540 million livestock population in the country, cattle account for around 190 million. 3 years agoApril 14, 2023
India’s burgeoning InsurTech sector In the past two years, India has witnessed growth in the InsurTech landscape with the emergence of new consumer segments 3 years ago
20 applications for insurance firms in pipeline: Panda Panda was speaking at the Federation of Indian Chamber of Commerce and Industry’s annual insurance conference, ‘Winds of Reform’. 3 years agoApril 12, 2023
Collective market share of PSU general insurers falls 175 bps Collective market share of the four public sector general insurance companies fell 175 basis points year-on-year to 32.27% at the… 3 years agoApril 7, 2023
Finance Ministry launches 3-month campaign to boost micro-insurance schemes at Gram Panchayat level To achieve saturation under Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY), the Finance… 3 years agoApril 1, 2023
LIC, GIC Re, New India remain Domestic Systemically Important Insurers: Irdai Domestic Systemically Important Insurers (D-SIIs) refer to insurers of such size, market importance, and domestic and global interconnectedness, whose distress… 3 years agoMarch 31, 2023
Life insurers’ distribution cost may rise Distribution cost for life insurers, which are not promoted by banks, may see a substantial rise on higher commission payouts,… 3 years agoMarch 30, 2023
Irdai allows insurers flexibility in paying commissions The Irdai said that every insurer shall have a written policy for payment of commission, which shall be approved by… 3 years agoMarch 28, 2023
Billionaire Ajay Piramal, TPG Inc mulling selling stakes in Shriram General Insurance Holdings Billionaire Ajay Piramal and TPG Inc. are considering selling their stakes in Shriram General Insurance Holdings. Piramal and TPG are… 3 years ago
Life insurance sector expects demand surge for products The country’s life insurance industry expects insurance products in the savings and investment category to see a surge in demand… 3 years agoMarch 24, 2023
There is a pressing need for defect liability cover in Indian real estate – Here’s why Amidst the possibilities of discovering future flaws, a defect liability cover is a simple but prudent solution as it can… 3 years ago
Guaranteed income plans: Pros and cons you should know before buying Pros and cons of Guaranteed income plans: While your money is safe under these plans, the yield is just 4-7%. 3 years agoMarch 24, 2023
Shriram Life Insurance to double business, rural presence by FY25 Shriram Life Insurance employs several digital channels through which agents and customers can access its life insurance products and services. 3 years agoMarch 23, 2023
Under Kannan, ICICI Pru Life scored on VNB, but premium growth is a concern Under Kannan, ICICI Pru Life scored on VNB, but premium growth is a concern 3 years agoMarch 20, 2023
How motor insurance premium varies for electric vehicles vs fuel-based vehicles For fuel-based vehicles the engine size determines premium. For EVs, kilowatts (kW) decide premium 3 years agoMarch 19, 2023
Child insurance: Returns on child plans are too low Child plans sold by life insurance companies are a combination of insurance and investment to help create a corpus over… 3 years agoMarch 19, 2023
