Insurance

Smart ways to reduce your health insurance premium outgo

Having good health is a victory in itself. A walk in the morning and a wholesome diet are already on your health chart.

Insurance News

Insurance against terror attacks, buy a cover if you are in a sensitive zone

The threat of terror attacks is an omnipresent one. With rising India-Pakistan tension after India’s surgical strikes on Pakistan Occupied Kashmir (POK), the possibility of loss of life and prop

Insurance News

LIC settles claims of Uri martyrs in less than a week

In a show of solidarity towards soldiers martyred in the Uri attack, LIC today said it has expeditiously settled the insurance claims on its own after obtaining necessary documents.

LIC, Department of Industrial Policy, OYO , News

One crore passengers opted for rail insurance in first month

Around one crore train passengers have opted for the rail insurance scheme, which was announced on September 1, within the first 30 days of its launch, IRCTC said today.

Insurance News

AXA, Allianz vie for StanChart’s general insurance distribution deal – sources

France's AXA and Germany's Allianz SE have advanced to the second stage of bidding for a Standard Chartered deal that would enable the sale of general insurance products through the bank's Asian bra

Insurance News

ICICI Prudential Life Insurance will outpace market growth: Kochhar

ICICI Prudential Life Insurance will outpace the market growth in next few years, the company's chairperson Chanda Kochhar said today.

ICICI Prudential Life Insurance News

Sum insured under PMFBY jumps over 70 per cent in kharif 2016

Reflecting wider coverage of the recently launched Pradhan Mantri Fasal Bhima Yojana (PMFBY), the total sum insured for the kharif 2016 crops has increased by over 70 per cent to Rs 1.18 lakh crore.

Insurance News

Health Insurance Regulations, 2016 : Breakthrough in the offing

The health insurance vertical will benefit from a special clause in the recently notified Health Insurance Regulations 2016, wherein insurers have been allowed the freedom to test pilot innovative, un

Insurance News

51% of health insurance holders are underinsured:Apollo Munich

Although the number of health insurance policyholders in India is increasing annually, people most often choose the lowest sum insured policy, without comprehending the entire process of choosing an a

Insurance News

LIC Employees Federation urges implementation of SC order

The All India National Life Insurance Employees Federation has urged the management of the Life Insurance Corporation of India (LIC) to immediately implement the Supreme Court order to pay 50 per cent

Insurance News

Andhra Bank ties up with Cigna TTK, Reliance General Insurance

Andhra Bank has entered into corporate agency agreements with Cigna TTK Company Ltd, and Reliance General Insurance Company Ltd for providing health and general insurance respectively, to its customer

Insurance News

NGT slams NDMC, MCD over Dengue, Chikungunya menace in Delhi

The National Green Tribunal (NGT) has come down heavily on the municipal agencies of Delhi for not implementing strong measures to control mosquito-bred diseases like Chikungunya and Dengue

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Inform within 24 hr rule by insurance companies harsh: Consumer Forum

Thane Consumer Redressal Forum has ordered an insurance firm and a third party administrator (TPA) to jointly pay Rs 10,000 as compensation beside claim money to a man, observing that the rule to info

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LIC unveils new money-back plan to mark diamond jubilee

Insurance behemoth Life Insurance Corporation of India (LIC) came out with a closed-ended plan -- Bima Diamond -- on the occasion of its diamond jubilee year.

Insurance News

Six new players likely to enter reinsurance market in India by January 2017, says IRDA chief

Up to six new players in the reinsurance market are likely to enter India by January 2017, the Insurance Regulatory and Development Authority of India (IRDA) chief TS Vijayan, said at an ASSOCHAM even

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V K Sharma takes additional charge as Chairman, LIC

State-run life insurance behemoth LIC said its managing director V K Sharma has taken additional charge as chairman, replacing S K Roy who was relieved of his duties.

LIC News

ICICI Prudential Life Insurance to focus on pure term policies

Life insurance major ICICI Prudential Life Insurance Company will focus on pure term plans which offer better margin.

ICICI Prudential Life Insurance News

ICICI Prudential promoters to dilute 6% more in next 3 years

ICICI Bank, which is launching an IPO of ICICI Prudential Life next week, has said that post-issue the two promoters will offload additional 6 per cent stake in the life insurance JV over the next thr

Insurance News

Life insurers’ new business premium up 59% in August at Rs 14,285 crore

Life insurance companies' business from new premium rose by 59 per cent to Rs 14,285.20 crore in August this year.

Insurance News

ICICI Bank to offload another 6 per cent in insurance arm in next 3 years

Set to dilute 12 per cent stake in ICICI Prudential Life Insurance through an IPO, country's biggest private sector lender ICICI Bank has said it will offload another 6 per cent in the insurance arm o

Insurance News

We are considering insurance products focussed on condition-management: Cigna TTK Health

Cigna TTK Health recently announced the launch of our pioneering Personal Health Wallet/Health savings product – ProHealth Accumulate. (Photo: Reuters)

We are considering insurance products focussed on condition-management: Cigna TTK Health News

3 general insurers to get new directors, 2 CMD posts vacant

The government has elevated three general managers of non-life insurance companies and the state-owned reinsurer GIC Re to the post of directors even as it is yet to find the chairmen for two of them

Insurance News

Discuss insurance portability so that it can emerge, says IRDAI chief TS Vijayan

The Insurance Development and Regulatory Authority of India (Irdai) said insurance portability will be the next big issue the industry should take up.

Insurance News

Aviva Life Insurance appoints Karni S Arha as CFO

Aviva Life Insurance today said it has appointed Karni S Arha as its chief financial officer.

Has your insurance policy lapsed? Here are the consequences and what you need to do News

Honda Motor, HDFC ERGO tie up for 2-wheeler insurance

Honda Motorcycle & Scooter India (HMSIL) and HDFC ERGO General Insurance today joined hands to offer discounted motor insurance policies to two-wheeler buyers across the country.

Insurance News

ESIC raises wage threshold to Rs 21,000

The Employees' State Insurance Corporation (ESIC) today raised the monthly wage threshold to Rs 21,000, from the current Rs 15,000, for coverage under its health insurance scheme.

Insurance News

Insurers go for internal promotions to tide over skills crunch

Faced with acute shortage of skilled manpower in specialised roles, the insurance industry is trying to address the problem by nurturing talent internally.

Has your insurance policy lapsed? Here are the consequences and what you need to do News
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