Page 13 of insurance sector

PMI, services sector, growth, demand, output growth, expansion, year end outlook, finance, insurance, real estate

Job creation grows, services PMI rises at fastest pace in 6 months in December led by robust demand

S&P Global India Services PMI Business Activity Index roe from 56.4 in November to 58.5 in December. This shows the…

January 4, 2023 11:23 IST

Rise of experiential traveling and how social media is making it more aspirational

The perks of buying travel insurance online

In the post-Covid world, the power of digital processes cannot be underestimated. Buying travel insurance online is a great idea,…

January 4, 2023 08:30 IST

2022: A year of innovation for motor insurance

Year 2022 was one of customer-centric motor insurance plans, and the trend will continue in 2023

Updated: December 31, 2022 11:21 IST

Post-Covid, buyers focus has shifted to selecting the best insurance product: Kapil Mehta

In an exclusive interview, Kapil Mehta of SecureNow Insurance Broker talks about the changing pattern of insurance purchases post-pandemic and…

December 30, 2022 14:31 IST

ICICI Prudential Life’s AUM crosses Rs 2.5-trillion mark

The company had commenced operations 22 years ago in December 2000 and had an AUM of approximately Rs 100 crore…

December 30, 2022 01:05 IST

YOUR MONEY: Busting some myths about buying insurance online

Most websites offer digital assistance in the form of a chatbot

December 30, 2022 00:45 IST

lic, life insurance policy, woman in LIC policy,

Women & insurance

In 2021-22, of 2.91 crore individual policies sold, the number of policies bought by women was 1.01 crore, or around…

Updated: December 26, 2022 06:50 IST

RenewBuy, RenewBuy startup, insurance sector,

RenewBuy: Tech makes it simple to buy insurance

This insurtech company has insured more than 3 million customers

December 26, 2022 02:45 IST

unit-linked products, LIC unit-linked products , lic premium growth

Irdai annual report for 2021-22: Premium for traditional products sees double-digit growth

The share of unit-linked products in total premium marginally decreased to 14.47% in 2020-21, against 14.50% in 2019-20.

December 23, 2022 03:45 IST

Insurance industry, Insurance Amendment Bill 2022, health insurance, LIC,

Your Money: Composite licence will give life insurers an advantage

Proposed changes in insurance laws to make managing risks easier

December 23, 2022 02:30 IST

Burning cost rates for fire insurance not to be embedded: Irdai

“The authority has observed that reinsurance treaty agreements in many instances include, as a precondition or prescription, the requirement to…

Updated: December 21, 2022 07:15 IST

Non-life private sector insurers expected to report return on equity of 13%-14%

According to CareEdge, the improvement in loss ratio along with the rising yield on investment will support the profitability for…

December 21, 2022 02:40 IST

Paytm, HDFC ERGO, mobile transactions, General Insurance, Money, UPI

Paytm, HDFC ERGO launch insurance policy to protect mobile transactions

With this new insurance offering, users can now secure themselves against mobile fraudulent transactions up to `10,000.

December 20, 2022 03:50 IST

insurance, health insurance, insurance pool, insurance premium, right age, young age, middle age, retirement age, life long renewal

What is the right age to purchase a health insurance policy?

As young people are more healthy compared to the older people and have lower risks of getting ill, their participation…

December 19, 2022 18:39 IST

health insurance, heal insurance premium, health insurers, health insurance plan,

Health insurance: Get wellness perks for a healthy lifestyle

Policyholders can avail value-added benefits such as outpatient consultations and health check-ups which will help them get diagnosed at an…

December 19, 2022 00:15 IST

Insurers, state run insurers, insurance sector, Rajya Sabha, govt data, Oriental Insurance Company, National Insurance Company, Modi govt

Four state-run insurers saw sharp drop in staff strength in past 4 fiscals

Oriental Insurance Company’s employee strength has fallen sharply by 31% to 9,440 as on March 31 from 13,667 as on…

December 16, 2022 00:50 IST

SecureNow partners with Tartan to provide insurance through their employee benefits platform Batik

Strategic alliance to create employee/employer benefit plans for corporates via the Batik platform.

December 15, 2022 14:38 IST

Aditya Birla Capital puts insurance broking arm on the block

ABCL has much bigger businesses in its portfolio that includes a mutual fund house, life insurance and general insurance firms.

December 14, 2022 00:35 IST

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Oil drops to one-month low amid fresh signals of movement on Russia-Ukraine peace talks

Market1 hr ago

Oil prices dropped 1% due to Ukraine’s possible resolution of war with Russia, potentially lifting sanctions on energy trade. This may increase supply in a market already facing a glut next year. Russia’s stance has kept the market wary, with doubts about a formal agreement. Experts foresee a worsening glut in 2026, but a peace deal could boost Russia’s oil production.

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