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General insurers expect bumper harvest from new crop insurance
Indian non-life insurers are hoping to reap a bumper harvest estimated around Rs 13,000 crore per annum from the Pradhan Mantri Fasal Bima Yojana (PMFBY), the new crop insurance scheme, and the toplin
Aug 11, 2016
‘State-run insurers’ new scheme lacks focus on profitability’
The proposed scheme would allow development officers retiring on or after March 31, 2016, to be re-appointed as business associates provided they procured a premium ranging between Rs 1 crore and Rs 2
Aug 02, 2016
Irdai asks banks/FIs not to sell insurance policies forcibly
Irdai has directed banking and financial institutions, who act as bancassurance agents for insurance companies, not to forcibly sell policies to their customers or even without their consent.
Aug 01, 2016
Irdai slaps Rs 15 lakh fine on Shriram General Insurance
Irdai has fined Shriram General Insurance Company Ltd Rs 15 lakh for violating various norms including using services of unlicensed entities, and giving unauthorised discounts in premium.
Aug 01, 2016
Indian Railways: Train passengers to avail insurance cover for premium of Re 1
Train passengers booking their tickets online through the IRCTC website will be able to opt for travel insurance cover from September for a premium of just Re 1.
Jul 27, 2016
General insurers gross premium in June rises 20%
General Insurance companies in India continue to post positive growth at 20.3% (year-on-year) in gross direct premium in June. Data from General Insurance Council shows private players have continued
Jul 27, 2016
IRDAI fines Bharti AXA General Insurance for rule breach
The company added a condition of proportionate deduction in proportion to room under the head 'incremental charges condition' in cases of group health policies, which was in violation of health insura
Jul 25, 2016
Automation hurting IT hiring; 4 predictions by NASSCOM
Automation of services and pressure to reach margins has led to a trend of less hiring in the IT sector, according to the National Association of Software and Services Companies (NASSCOM). The hirings
Jul 22, 2016
Cancer, cardiac care; 2 new disease-specific insurance cover hit the market
Your option for disease-specific health insurance covers have hit the market with Star Health Insurance offering a new cardiac care policy and Max Life Insurance launching a cancer insurance cover.
Jul 19, 2016
Aditya Birla Health Insurance becomes 6th stand-alone health insurer, granted registration by IRDAI
With the IRDAI granting certificate of registration to Aditya Birla Health Insurance Co, your choice of a health insurance provider has widened
Jul 18, 2016
Now insurance claim settlement gets helping hand, online
Forty-six-year-old Sushila Jasraj had bought an insurance policy before undertaking the Kailash Mansarovar Yatra.
Jul 16, 2016
China insurance regulator relaxes rules on infrastructure investment to aid economy
China's insurance regulator has revised rules to make it easier for insurance companies to invest in infrastructure projects in a bid to support a slow economy and create investment opportunities in a
Jul 04, 2016
Irdai asks insurance companies details of social sector business
Regulator Irdai has asked insurance companies to file details of their business in the rural and social sectors, a move aimed at checking if they are fulfilling their obligations in these two areas.
Jul 03, 2016
Reinsurance Group gets initial nod to set up India branch
US-based life and health reinsurer Reinsurance Group of America (RGA) has received the first level approval regulator Irdai to set up a branch in the country, a company official said today.
Jul 02, 2016
New ways to lower investment risk seek to propel climate action
As small-scale farmers around the world seek to cope with climate change by adopting drought-resistant crops or methods to capture and store water, finding the money can be a problem, and interest rat
Jun 30, 2016
IndiaFirst Life, Star Health launch combi plans
IndiaFirst Life Insurance has tied up with Star Health Insurance to introduce Star First Combi Plans – combination of health and life insurance plans.
Jun 27, 2016
Chinese insurers run ‘Titanic’ risks for titanic returns
Years of breakneck growth for China's top insurers has been partly fuelled by a splurge on risky investment products that could punch multi-billion-dollar holes in their balance sheets if the slowing
Jun 26, 2016
After SK Roy exit, Govt likely to pick new LIC chief by next month
Government will soon start the selection process of new LIC chairman following the premature exit of the incumbent, S K Roy, and complete the whole exercise by the next month.
Jun 23, 2016
US bank offers cyber insurance against wire-transfer fraud
Grandpoint Bank on Tuesday introduced cyber insurance policies to reimburse business customers for fast-growing wire-transfer fraud schemes.
Jun 22, 2016
Listing of PSU insurers to happen one-by-one: Shaktikanta Das
The process of listing of four public sector general insurance companies will begin one by one and "lot of action" is expected on the front in next few months, a top official said today.
Jun 16, 2016
LIC willing to be partner in NIIF: Chairman SK Roy
Country's largest insurer LIC today said it is willing to participate in India's maiden sovereign wealth fund NIIF as the state-owned company's own core focus is also on infrastructure investment.
Jun 15, 2016
IRDAI’s e-commerce proposal to boost online insurance sales
Insurance companies on Saturday said the proposed guidelines on selling and servicing of policies through e-commerce platform are expected to boost online sales of insurance products.
Jun 12, 2016
IRDA mulls introducing ‘Title Insurance’; sets up panel
Aiming to provide cover to people in case of defective property titles and related issues, insurance regulator IRDAI today...
Jun 10, 2016
Cheaper insurance policies for investors soon? Irdai e-policies move may help
Insurance Regulatory and Development Authority of India (Irdai) has come out with the exposure draft on selling and servicing insurance policies through the e-commerce platform.
Jun 09, 2016
Don’t use force to obtain discharge voucher: IRDAI to insurers
Regulator IRDAI today directed general insurance companies not to use coercion or force to obtain discharge vouchers or receipts of settlement of claims, from insured persons.
Jun 08, 2016
Jharkhand government to launch medical insurance for BPL families
Stating that dialysis facility would be started in eight districts within the next one-and-a-half month, Das said BPL families earning Rs 72,000 per annum would be provided free dialysis...
Jun 06, 2016
Ships get relief from piracy insurance premium at Indian ports
Ships entering or leaving Indian ports are not required to pay a piracy-related additional insurance premium now, a move which will help thousands of the vessels.
Jun 06, 2016
Sensex, Nifty headed for healthy correction; two shares to avoid before next up move
Covid-19 Vaccine Certificate: Here’s how to download it from CoWin portal, Aarogya Setu app
Coronavirus India News Live Update: Haryana extends lockdown till June 28; States, UTs have over 3.06 crore vaccine doses, says Union Health Ministry
Sona Comstar IPO share allotment: Check status online, grey market premium; shares to be listed on June 24
Shyam Metalics IPO share allotment status: Check listing day strategy, grey market premium; listing on June 24
How to prepay a Rs 40 lakh home loan of 15 years in 7 years and save in lakhs?
Central Government Employee? Appraisal 2021 timeline extended again for Group A, B, C officers
Indian Railways to resume 50 special train services from June 21
Top PSU shares to buy for strong returns: PSU index beats Nifty, Sensex; these stocks may re-rate
Coal India rating - Buy: A good final quarter for the company
Upcoming IPO listings: Sona Comstar, Shyam Metalics to make D-Street debut on June 24
MSMEs with EM-II, UAM registrations now have time till 2021 end to migrate to Udyam Registration portal
Life insurers may see short-term pressure on profitability due to pandemic: ICICI Pru Life
Covid-19 - an inflexion point for e-commerce
Corona LIVE: Haryana extends lockdown till June 28; States, UTs have over 3.06 crore vaccine doses, says Union Health Ministry
NBFC body urges Nitin Gadkari to include traders in MSME definition, extend Udyam registration deadline
Govt open to more measures to boost economy: CEA Subramanian
Demand for talent will be key dependency for growth amid rapid shift to digital: Rishad Premji
Best offers on TVS XL100: Rs 49/day EMI, Rs 7,999 downpayment and more
At least Rs 15 lakh cr stuck in MSME payments annually; dues cleared typically in 3-6 months: Experts
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