Page 18 of Insurance sector News: Insurance sector Latest News, Insurance sector Today news, Insurance sector Breaking News

Health insurance: Should you buy a critical illness insurance policy?

Insurers provide a free look period of 15 days starting from the date of receipt of the critical illness policy…

August 1, 2022 00:20 IST

ESIC adds 1.5 million subscribers in May, rate exceeds FY20 level

A little over 0.96 million new subscribers joined the social security schemes run by the EPFO in April.

July 26, 2022 01:15 IST

Founded in late 2019, Plum is offering large corporations, early-stage start-ups and small and medium enterprises with health and wellness plans, some of which are different from the traditional covers that health insurance companies provide.

Insurtech platform Plum aims to insure 10 million people by 2025

Going forward, Poddar said that the company is not looking to raise further funds but will focus on launching more…

July 21, 2022 03:00 IST

Interestingly, New India Assurance was the only PSU general insurer which had earlier been able to expand its market share.

Market share of 4 public sector general insurers falls to 37.86% at end of Q1

Collective market share of five stand-alone private insurers stood at 9.66% at the end of Q1FY23 compared with 9.50% a year…

July 18, 2022 01:00 IST

For the month of June, a total of 32 non-life insurers posted a growth of 20.66% y-o-y in gross direct premium underwritten at Rs 17,810.57 crore compared to Rs 14,761.05 crore for the corresponding period last fiscal.

Non-life insurers’ gross direct premium grows 23% for Q1FY23

Agriculture Insurance Company of India and ECGC Ltd, the specialized PSU insurers, collectively posted a 8.34% y-o-y de-growth at Rs…

Updated: July 16, 2022 11:34 IST

Irdai panels to suggest steps to resolve issues between insurers and re-insurers

Irdai, in its orders dated July 7, said the two task forces may invite specialists for discussion.

July 12, 2022 03:45 IST

Integrating ESG into insurance products

Customers are demanding ESG fund options and information on the social impact of their investments.

July 6, 2022 02:15 IST

The vulnerability of such risks only tends to get higher during the monsoon.

Motor insurance: For a smooth ride in the monsoon

Useful riders that should be a part of your motor insurance policy in the rainy season

July 4, 2022 02:15 IST

Star Health share price, Star health insurance share price target

This Rakesh Jhunjhunwala stock tanks 10% in 5 sessions; should you buy? Here’s what analysts say

Rakesh Jhujhunwala-owned stock Star Health and Allied Insurance Company continued to reel under pressure and hit a new low of…

Updated: June 30, 2022 14:57 IST

Bajaj Allianz takes its health insurance cover abroad

Bajaj Allianz General Insurance has collaborated with Allianz Partners for designing the product, using the Allianz global network, technology platform…

June 29, 2022 02:15 IST

HDFC Life urges Irdai to allow life insurers sell other financial products

The life insurance sector paid Rs 60,000 crore in death claims in the first nine months of FY22, twice compared…

Updated: June 28, 2022 00:09 IST

Driven by a mission to build an insured nation, the platform has processed more than 27,000 policies in less than seven months through its 2500+ dedicated insurance agents.

SahiPay: Tech boost to insurance in rural India

SahiPay is helping improve insurance penetration in the country’s hinterland

June 23, 2022 01:00 IST

How Blockchain can help in better pricing for the Indian Insurance industry

Adopting blockchain and its cryptographic features can also help insurers and their stakeholders to hold historic pricing data of customers…

June 18, 2022 16:01 IST

For the first two months of this fiscal, a total of 33 non-life insurers posted a growth of 22.81% y-o-y in gross direct premium underwritten at Rs 36,680.69 crore compared to Rs 29,867.41 crore for the same period last fiscal.

Non-life insurers’ gross premium income grows 24% in May

Agriculture Insurance Company of India and ECGC Ltd, the specialized PSU insurers, collectively posted a 4.74% y-o-y growth at Rs…

June 18, 2022 03:00 IST

insurance sector, hdfc life, ICICI prudential life, max financial

Insurance sector poised to return to healthy growth trajectory; HDFC Life, Max Financial may rally up to 32%

Analysts believe that after witnessing underperformance for the past two years, the insurance sector is poised to return to a…

June 9, 2022 16:04 IST

The share of five standalone health insurers in the total health insurance premium collection grew to 50.7% in FY22 from 46.2% while that of PSU insurers dropped to 26.2% from 30.1%.

Data Drive: Health (insurance) first

Standalone health insurers reported strong growth, led by robust demand for retail health policies and market-share gains from the four…

June 3, 2022 05:15 IST

Irdai permits health, general insurers to launch products without its prior approval

The Insurance Regulatory and Development Authority of India (Irdai) has extended the ‘Use and File’ procedure for all the health…

June 1, 2022 22:23 IST

Bharti AXA Life total collected premium rises 14%

“Despite the challenging macroeconomic environment, the company recorded a surge of 18% in its asset under management to Rs 11,025…

Updated: May 27, 2022 13:25 IST

Page 18 of insurance sector

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