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Panel suggests host of changes in life insurance sector
A committee constituted by the Irdai has suggested host of changes in the life insurance sector, including in the investment norms to improve the returns generated by the funds.
Dec 17, 2017
Life insurers’ new premium up 6% in November at Rs 16,995 crore
The first year premium of the life insurance companies grew by a marginal 5.8 per cent to Rs 16,994.95 crore in November, data from Irdai showed.
Dec 12, 2017
Apollo Munich eyes 30 per cent growth in FY18 premium collection
Apollo Munich Health Insurance today said it expects 30 per cent growth in the premium collection to Rs 1,700 crore by the end of the current fiscal against Rs 1,300 crore in FY17.
Dec 12, 2017
LIC’s H1 income grows 13 pct to Rs 2.22 lakh crore
Life Insurance Corporation of India (LIC), the country's largest life insurer, on Tuesday reported a 12.56% growth in its gross total income for the six months ending September 2017 to Rs 2.22 lakh cr
Dec 06, 2017
Aadhaar number LIC linking fraud is happening via SMS! Here’s what policy holders must not do to save their money
BEWARE! This fraud is taking place by means of SMS. Fraudsters are cheating customers in the name of linking Aadhaar number with LIC insurance policies.
Nov 28, 2017
IndiaFirst Life starts micro-cover plan
In a first, IndiaFirst Life Insurance—a joint venture between Bank of Baroda, Andhra Bank and UK-based Legal and General—on Monday launched a bespoke micro insurance product, mainly targettng cust
Nov 28, 2017
Are you LIC policy holder? Your money may be lost if you don’t read this important notice
Reading this may save you from a big loss. LIC of India has issued an important notification. The notice by LIC has been issued so as to save their customers from fraudulent activities.
Prashant V Singh
Nov 27, 2017
Medical policy: How to pick the perfect health plan; 5 amazing points to know
Every health plan has a sum insured limit which you are required to decide, on the basis of your health condition, at the time of buying a health plan.
Nov 21, 2017
New India Q2 net soars threefold to Rs 748 crore
The gross written premium was Rs 6,489.15 crore, a growth of 12.18% compared to Rs 5,784.61 crore during the same quarter in the previous financial year.
Nov 16, 2017
Aadhaar-Insurance Policies Linking: How to do it and what will happen if you don’t do it?
Aadhaar, Insurance Policies Linking: In a communication to all life and general insurance companies, IRDAI said the rules have statutory force and as such they have to implement them without awaiting
Nov 13, 2017
Home insurance policy: Why you must buy one fast; 4 must-know points
With overall non-life insurance penetration standing at just 0.7% in India, it is not surprising to see a dismal contribution made by home insurance.
Nov 03, 2017
Can group medical insurance cover be converted into individual policy on retirement? Find out
Yes, you can continue by converting your group health insurance into individual policy only with the same insurer.
Nov 01, 2017
You have car, bike or other vehicle but no insurance? Here is what Modi govt is doing to track you
If you have a car, bike or any other vehicle but no insurance, then this is a must-read for you.
Oct 31, 2017
Will insurance plans change to better suit buyers’ long term interests? All you want to know
LIC and other major players have to lead insurers in asset management techniques, product development and cater to those who depend on insurance for meeting their long-term needs.
Oct 30, 2017
Ulips among most demanded insurance scheme amid young recruits; check how it gained ground over mutual funds
Almost 90% of our young new recruits said they would be investing in unit-linked insurance plans (Ulips).
Oct 20, 2017
Car insurance: What does zero depreciation offer cover? Find out here
The unique feature of a zero depreciation cover is to extend complete protection without any co-pay options. Zero depreciation cover is only offered to vehicle with a certain threshold that considers
Oct 18, 2017
Insurance sector undergoing disruptions, trend to accelerate: Report
The insurance industry in the country is undergoing multiple disruptions in its functioning and the trend will accelerate in the future, a report says.
Sep 24, 2017
You can get no-claim bonus even if you change your insurer
– Manohar Bhat I am not satisfied with the services of my car insurer. If I change the insurer, will I get no claim bonus? – Ajit Pillai Yes, when you change your car insurer, you will be ent
Sep 12, 2017
Why you must buy cancer insurance: These 3 reasons can save your life and money too
If you are the only breadwinner in your family, then you shouldn’t think twice before investing in a good insurance plan that covers you against life-threatening diseases such as cancer.
Aug 28, 2017
Individuals, marketing companies to soon be part of Irdai database
The Irdai-backed central database unveiled recently will shortly bring individual agents as well as insurance marketing firms under its ambit.
Aug 27, 2017
General insurance companies register 9% growth in July
Compared to the first three months of the current financial year, when the growth was in double digits, sales slowed down in July largely due to negative growth in three large public sector insurers.
Aug 15, 2017
Insurance policy: Here is how you are now protected even more
Irdai has ordered insurance companies to mention important policy conditions like guaranteed surrender value, types of bonuses to be declared, details of revival schemes in the policy document itself.
Aug 15, 2017
General Insurance Corporation of India files draft papers for IPO
General Insurance Corporation of India (GIC Re) on Monday filed a draft red herring prospectus (DRHP) for an initial public offering (IPO) with the Securities and Exchange Board of India (Sebi).
Aug 08, 2017
Birla Sun Life Insurance MD Pankaj Razdan explains why insurance is very challenging
The business of insurance allows me to deal with people either as customers, employees, distributors or advisers.
Aug 08, 2017
Irdai working with government to create a simple platform for KYC
Insurance Regulatory and Development Authority of India (IRDAI) today said though Aadhar is not a mandatory requirement for Know Your Customer (KYC) in the insurance sector, it is the most simple form
Aug 07, 2017
How digitisation is helping insurance firms reduce the points of failure
As customers prefer instant solutions, digitisation has played a pivotal role. It is also making a noticeable impact in insurance.
Aug 07, 2017
Telematics can cut motor insurance cost for good drivers, says Irda
Motor insurance premium in future may be determined through black box-based real-time monitoring of driving habits, vehicle usage and even distances covered, as per a proposal mooted by regulator Irda
Aug 06, 2017
World’s first COVID-19 vaccine? Russia’s Sechenov University completes clinical trials of Coronavirus vaccine
CBSE Class 10th Result 2020 Updates: CBSE to declare 10 board results soon; How to check on cbseresults.nic.in
Bangalore Lockdown Karnataka COVID latest: State records highest daily death toll; lockdown in capital
Atmanirbhar Bharat’s first boost to be made in China; 5 new urea plants to make India self-reliant
Coronavirus COVID19 vaccine update: India begins COVAXIN human trials; Russia, US claim big breakthrough
Duplicate State Bank of India branch busted; son of ex-bank employee caught running fake division
Gandhinagar railway station, with 5-star hotel above rail tracks, to be world-class! Piyush Goyal reviews work
CBSE results Class 12 toppers 2020: Board not to release merit list this year; check details
E-commerce firms in high spirits: BigBasket, Amazon, Swiggy and Zomato foray into alcohol delivery
Share Market HIGHLIGHTS: Sensex tumbles 660 points, Nifty ends just above 10,600; RIL, HDFC twins top draggers
Torrent: Cut to ‘reduce’, revise fair value to Rs 2,350 a share
Budget 2020 hasn't violated fiscal discipline: FM Sitharaman
Budget 2020 was disappointing for lacking vision; but fiscal, taxation measures welcome: EAC-PM member Ashima Goyal
Budget 2020: FM Nirmala Sitharaman says govt willing to do more beyond Union Budget to boost growth
Budget 2020: FM says green shoots of recovery visible, points at worse macro-economic fundamentals under UPA
Budget and the economy: What can we expect after this Budget?
Budget 2020: FM Sitharaman takes on P Chidambaram over defence budget allocation
Budget 2020 proposals on DDT, personal tax not to impact MF industry: Franklin Templeton
Budget 2020: Chidambaram slams Modi govt; says economy close to collapse, unemployment making India poorer
Budget 2020: How ESOP tax changes will benefit start-up employees
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