Page 21 of Insurance sector News: Insurance sector Latest News, Insurance sector Today news, Insurance sector Breaking News

Digitisation in Financial Services and Insurance: Key things to remember while preparing digital strategy

An outcome of 2020 is the emergence of a digital economy – one where digital avenues and alternatives are just…

June 19, 2021 12:23 IST

SGX Nifty hints at tepid start for Sensex, Nifty; 5 things to know before market opens

Headline indices BSE Sensex and Nifty 50 were eyeing a muted opening on Tuesday, as suggested by trends on SGX…

March 23, 2021 08:40 IST

India is among the least insured countries and as of 2019, the density of non-life (which includes health) insurance in the country was a mere 19%, and the biggest reason for this is the lack of trust.

Insurance sector: Rural India needs insurance in sachet form

From being a push product, insurance is now a nudge product due to rising uncertainities in the time of Covid…

February 19, 2021 04:00 IST

Beware! Don’t buy motor insurance from this company; IRDAI sounds alarm

The Insurance Regulatory and Development Authority of India has issued against dealing with a Bangalore-based entity – ‘Digital National Motor…

February 12, 2021 08:47 IST

Union Budget 2021 a booster shot for insurance industry; FDI limit hiked to 74%

Union Budget 2021: The Hon’ble Finance Minister announced an increase in the foreign investment limit for insurance companies from 49%…

February 3, 2021 14:40 IST

At this rate, the two GDP values in comparable purchasing power parity terms in 2041 would be $53 trillion for China and $40 trillion for India the paper said.

Insurance sector gets increased FDI limit in Budget; Should you shop insurer stocks on Dalal Street?

SBI Life Insurance jumped over 2% to reach a high of Rs 897 per share, HDFC Life Insurance was up…

Updated: February 1, 2021 14:37 IST

"The Indian Rupee ended flat against the US currency on Tuesday, as importers' greenback purchases offset the impact of a weak dollar index," said Sriram Iyer, Senior Research Analyst at Reliance Securities.

Union Budget 2021: FDI limit in insurance sector raised to 74%; Budget paves way for foreign control

Union Budget 2021: The amendment to the Insurance Act 1938 will also allow foreign ownership and control with safeguards.

Updated: February 1, 2021 12:17 IST

BFSI sector eyes privatisation of PSBs, boost in infra, internet connectivity, others in Union Budget 2021

Union Budget 2021 India: Expectations from the upcoming Union Budget 2021 are sky high, with the indicators from the government…

Updated: February 1, 2021 07:06 IST

The panel says that there are certain aspects of cyber insurance that require a consensus and Common Reference Framework to bring about clarity in coverage.

Cyber risks: Need to popularise cyber insurance

Irdai panel suggests that insurers should offer cyber insurance as a part of package policies such as Householders Package policy

January 25, 2021 02:15 IST

Insurance sector, CLSA, HDFC life, SBI life, ICICI Prudential, Max Financial Services

CLSA bets on insurance sector as valuations near pre-COVID level; sees up to 33% rally in these stocks

With the recovery in the post-pandemic world and valuations nearing pre-COVID level, foreign brokerage firm CLSA is bullish on the…

January 21, 2021 11:37 IST

Indian insurers prepared to withstand economic downturn: Moody’s

Profitability and solvency concerns are driving mergers and acquisition in the private sector, and some private players are planning public…

January 20, 2021 16:32 IST

Term Plan: 10-year delay in buying costs a 35-year-old 70% more, says India’s first insurance price index

PolicyX.com claimed that the insurance price index uses concepts of indexing and basic statistics.

Updated: January 19, 2021 16:23 IST

IRDAI group suggests introduction of Traffic Violation Premium

The group has recommended inserting a fifth section to motor insurance called “Traffic Violation Premium” in addition to motor own…

January 18, 2021 21:40 IST

Although the private sector’s share has been increasing steadily, such a step is likely to provide further impetus.

IRDAI asks insurers to offer 3 standard products for fire, allied peril from April 1

The regulator said the Standard Fire and Special Perils (SFSP) Policy will be replaced by the three standard products –…

January 6, 2021 19:27 IST

SBI life share price rallies 50% in 7 months; Q2 profit more-than-doubles; should you buy?

Most of the brokerages have ‘buy’ rating to the stock with a potential upside of over 41 per cent in…

October 28, 2020 15:17 IST

PSU insurance firms cry foul: Private sector insurers taking market with ‘unfair practices’

The public sector insurers claimed that ‘unfair market practices’ by private insurers have resulted in them losing out heavily in…

May 14, 2019 12:27 IST

Budget 2016: A bagful of goodies for insurance sector

Budget 2016: Finance Minister said foreign investment will be allowed in insurance and pension sectors in the automatic route up…

March 1, 2016 00:03 IST

Global insurance review 2015 and outlook: Narendra Modi reforms push a booster shot, says Swiss Re

Business and consumer sentiment in India have improved significantly on expectations of a strong push towards economic reform and liberalization…

November 26, 2015 11:26 IST

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