Page 11 of insurance sector

Embedded Insurance: Reigning in a new era

Embedded insurance is a highly discussed topic in the insurance industry today, largely due to advancements in technology, changing consumer…

March 13, 2023 16:55 IST

‘Internal person to be new LIC chairperson’

Current LIC chief MR Kumar’s tenure ends on March 13.

March 13, 2023 01:15 IST

Govt to infuse more capital in public sector general insurers next year

The government may have to infuse more capital in the three public sector general insurance companies to improve their financial…

March 12, 2023 17:24 IST

CoRover is offering chatbot solutions to dozens of clients including IRCTC, Max Life Insurance, NPCI, Fastag, Mahindra Group, Digital India, RuPay, and many more, and has over 1 billion users.

Life insurers expect demand for high-ticket non-linked policies to rise this month

Life insurance companies expect demand for high-ticket non-linked insurance policies, with annual premium of more than Rs 5 lakh, to…

March 11, 2023 00:15 IST

Insurance Info Bureau to be bolstered: Irdai chief

Panda said a new CEO has been appointed at the IIB as well as other key management personnel, including a…

March 7, 2023 05:20 IST

Changes to Insurance Act ready, but no decision yet on Parliament introduction

The finance ministry had in November 2022 invited comments on proposed amendments to the Insurance Act, 1938, and Insurance Regulatory…

March 7, 2023 04:45 IST

Motor insurance: Follow these steps so that your claim is not rejected

In order to ensure that a motor insurance claim is not rejected, a policyholder must understand the exclusions on coverage…

March 6, 2023 01:15 IST

New India Assurance enters surety bonds business

New India Assurance, the largest non-life insurance company of the country, on Friday announced the launch of its surety bond…

March 4, 2023 01:45 IST

Insurers, Insurance policy, insurance news, insurance underwriting, persons with disabilities insurance

Insurers could face underwriting challenges in covering PwDs, AIDS

For introducing standalone products for mental illness, insurers would need some time to devise the products, understand demands and find…

March 2, 2023 04:10 IST

Sedan, SUV or hatchback: Does insurance premium vary as per car body shape?

Third-party insurance of SUVs and sedans with 1,499 cc and above engines costs Rs 7,897 plus taxes, while that of…

February 27, 2023 03:20 IST

insurance, insurance sector, insurance industry, financial services industry,

State of the Insurance Sector in FY 2022-23

India to emerge as one of fastest-growing insurance markets with government, regulatory support

February 17, 2023 16:20 IST

Your money: HNIs may now turn to whole life insurance plans

This is a tax-efficient way to pass on wealth to the next generation

February 15, 2023 02:00 IST

LIC to GIC: Total Adani Group exposure of public sector insurance companies (Govt Data)

Adani Group exposure of Public Sector Insurance companies: The total exposure of public sector insurance companies, including LIC and GIC,…

Updated: February 14, 2023 12:18 IST

InsuranceDekho raises $150 mn in Series A funding

Insurtech player InsuranceDekho has raised $150 million in Series A funding, consisting of a mix of equity and debt.

February 14, 2023 03:50 IST

Rating: BUY; LIC – Expect strong growth in products

Six products in the non-par segments launched till December.

February 14, 2023 03:10 IST

State-run general insurers’ exposure to Adani firms small

0.14% of AUM linked to Group firms, Parliament told.

Updated: February 14, 2023 11:27 IST

Life insurers to see drop in high-ticket non-par product sales

According to them, the introduction of the new taxation is aimed at disincentivising insurance purchase motivated by tax exemptions.

February 3, 2023 02:05 IST

Budget 2023: India to emerge as one of fastest-growing insurance markets with government, regulatory support

The income is proposed to be taxed under the head “income from other sources”.

February 2, 2023 17:21 IST

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NIA arrests Faridabad man who gave shelter to Red Fort bomber; 7 arrests made so far

India News59 min ago

The NIA has made progress in the Red Fort bombing case by arresting a Faridabad resident, Soyab, who aided the main accused. This has helped the agency understand the larger network involved in the bombing. The investigation has expanded to multiple states and the NIA is determined to uncover all those involved in the conspiracy.

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