Page 8 of insurance sector News
Cyclone Biparjoy is likely to have caused loss to property (homes and businesses) and infrastructure in various states.
Can your policy be renewed as-it-is or does it require modifications? To ensure comprehensive protection, renew your car insurance policy…
Insurance penetration remains abysmally low at less than 5% in the country of 1.4 billion people, signaling growth potential for…
After its latest banking crisis, the US is having a relook at its deposit insurance ecosystem—it is even mulling over…
Buy it as a standalone policy and not as a rider with a life insurance plan
The move is a much-needed one as insurance penetration in India is hovering around just 4.2%, with large parts of…
Irdai in March imposed a limit of 30% of gross written premium as EoM for general insurers.
Bajaj Allianz General Insurance witnessed a 22.04% y-o-y jump in its premium at Rs 2643.08 crore.
Despite proceeds from non-Ulip products where annual insurance premium exceeds Rs 5 lakh being taxed from April 1, Max Life…
At the same time, capital related to policies based on actuarial calculation is being transferred to SBI Life, an insurance…
Customers are demanding convenient and hyper-personalized financial solutions following the emergence of digital banking and insurance applications.
Observing that Indian economy today is at an inflection point, he said, the country is among the fastest-growing economies in…
However, she admitted that the company is facing competition from general insurers after the insurance regulator Irdai relaxed expenses of…
According to industry sources, the Budget proposal has made insurers look at newer markets and deepen penetration to increase growth…
As life expectancy is now around 70 years, buying cover till 60 isn’t enough.
PB Fintech reported a net loss narrowed to Rs 8.9 crore in Q4FY23 as compared to Rs 220 crore in…
Adequate cover helps in fulfilling cherished goals in your absence
Shriram Life Insurance Company Ltd has reported Rs 156 crore net profit for the year ending March 31, 2023 on…