Page 9 of insurance sector

HEALTH INSURANCE: Think before opting for deductible

Co-pay option will be better if the policyholder has a lower income.

May 12, 2023 05:00 IST

Health insurance or luxury items? Young India chooses the former

The anxiety that Covid-19 brought with it has made mental health a cause for concern among people, who are now…

May 11, 2023 00:50 IST

AIC much, Chairmaninsurers, gross direct premium

Standalone health insurers, private general insurers drive growth for non-life insurance sector in April

“The growth was driven by health insurers and private insurers while public insurers witnessed a moderate growth of over 11%…

May 10, 2023 02:40 IST

Non-life insurers’ gross direct premium grows 20.5% in April

Gross direct premiums underwritten for five standalone health insurers grew 34.33% to Rs 2,084.20 crore during the month under review,…

May 9, 2023 03:50 IST

msme, msme insurance, insurance, life insurance, max life insurance, ease of doing business, employee insurance, IRDAI, IIA, Uttar pradesh, msme UP, Maharashtra, Tamil Nadu

Max Life partners with MSME body IIA to provide life insurance to MSME workers in UP

Ease of Doing Business for MSMEs: The insurance programme will cover more than 11 lakh MSME workers affiliated with IIA…

May 8, 2023 13:59 IST

Wake-up call for insurers

Sebi’s order on front-running shows why LIC must set up adequate processes to prevent such errant practices

May 8, 2023 04:15 IST

Insurance penetration cannot be done by merely crowding market with large number of players: AIIEA general secretary

The government and insurance industry regulator IRDAI have been pitching for a greater insurance penetration but it cannot be done…

May 7, 2023 18:08 IST

Irdai proposes to amend norms on insurance advertisement

In order to tighten the regulatory framework on issuing advertisements by insurance companies to curb mis-selling in the sector, regulator…

May 6, 2023 01:40 IST

MOTOR INSURANCE: Pay lower premium if you drive less

Pay-as-you-drive policy’s premium is based on your driving habits

May 5, 2023 00:45 IST

Chola MS to re-enter crop insurance; eyes 5% share among multi-line firms

Cholamandalam MS General Insurance Company (Chola MS), the joint venture between Murugappa group and Japan’s Mitsui Sumitomo insurance group, on…

May 5, 2023 00:15 IST

Shriram General Insurance to bring down expenses of management to required 30% within 3 years: MD

The new guidelines came into effect from April 1.

May 2, 2023 04:35 IST

Health insurance segment to cross Rs 1-trn mark in FY24

The health insurance segment is on track to cross the Rs 1-trillion mark during the current financial year as the…

April 29, 2023 03:50 IST

Siddhartha Mohanty appointed LIC chairman

The government on Friday appointed Siddhartha Mohanty as the chairman of Life Insurance Corporation of India till June 2024.

April 29, 2023 03:10 IST

HDFC Life has its plan ready for composite licence regime: MD

Private sector insurer HDFC Life Insurance has its plan “ready” on the composite licence, irrespective of whenever and in which…

April 29, 2023 01:00 IST

health insurance, health insurance policy, health insurance tips,

Health Insurance: Tips to avoid rejection of your porting request

Complete waiting period with current insurer before porting policy

April 26, 2023 01:00 IST

Insurance, Women car owners, Car owners, Pay How You Drive, licences, accident

Do women car-owners need motor insurance add-ons?

Pay How You Drive (PHYD) plans can be beneficial for women drivers as they are generally safer drivers than men,…

April 24, 2023 03:45 IST

Along with AI, insurance companies also require a strategy that involves re-evaluating the company's capabilities

How can insurance companies leverage AI to penetrate Tier 2 and 3 markets and satisfy customer needs

Reportedly, insurers have been adopting AI technology to enhance the customer experience

April 22, 2023 11:15 IST

HDFC Life, Max Life lead in March new business premium

In line with the expectation of the insurance industry, life insurance companies like HDFC Life, Max Life, ICICI Prudential and…

April 21, 2023 02:45 IST

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Reliance Industries’ joint venture Digital Connexion to invest $11 billion in data centres

Business36 min ago

Reliance Industries’ joint venture, Digital Connexion, will invest $11 billion by 2030 to build 1 GW capacity data centres in Andhra Pradesh. The purpose-built data centres will cover 400 acres in Visakhapatnam and the company has signed a MoU with the state’s Economic Development Board. With a campus in Chennai and another under construction in Mumbai

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