Page 11 of insurance sector News
Embedded insurance is a highly discussed topic in the insurance industry today, largely due to advancements in technology, changing consumer…
The government may have to infuse more capital in the three public sector general insurance companies to improve their financial…
Life insurance companies expect demand for high-ticket non-linked insurance policies, with annual premium of more than Rs 5 lakh, to…
Panda said a new CEO has been appointed at the IIB as well as other key management personnel, including a…
The finance ministry had in November 2022 invited comments on proposed amendments to the Insurance Act, 1938, and Insurance Regulatory…
In order to ensure that a motor insurance claim is not rejected, a policyholder must understand the exclusions on coverage…
New India Assurance, the largest non-life insurance company of the country, on Friday announced the launch of its surety bond…
For introducing standalone products for mental illness, insurers would need some time to devise the products, understand demands and find…
Third-party insurance of SUVs and sedans with 1,499 cc and above engines costs Rs 7,897 plus taxes, while that of…
India to emerge as one of fastest-growing insurance markets with government, regulatory support
This is a tax-efficient way to pass on wealth to the next generation
Adani Group exposure of Public Sector Insurance companies: The total exposure of public sector insurance companies, including LIC and GIC,…
Insurtech player InsuranceDekho has raised $150 million in Series A funding, consisting of a mix of equity and debt.
Six products in the non-par segments launched till December.
0.14% of AUM linked to Group firms, Parliament told.
According to them, the introduction of the new taxation is aimed at disincentivising insurance purchase motivated by tax exemptions.
The income is proposed to be taxed under the head “income from other sources”.