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Risk-based premium for deposit insurance merits consideration: RBI Deputy Governor Swaminathan
Speaking at a conference in Jaipur, Swaminathan also said that as the financial sector becomes more…
PTI
GST Council meet: TMC's O'Brien urges Sitharaman to withdraw 18 pc GST on insurance premiums
O'Brien also expressed fear that levying a high GST rate on health and life insurance might lead to…
PTI
No panel formed for extending benefits to cover citizens above 70 under Ayushman Bharat, says govt
In a written reply, the minister clarified that all members of eligible families, irrespective of a…
PTI
LIC shares climb 3 percent after earnings announcement
Life Insurance Corporation of India saw a 3 per cent increase in its stock value following a 10 per…
PTI
Union Budget 2024: When will it be presented, what time, where to watch and what are various sectors expecting?
Budget 2024 will be marked by major social and economic decisions, Sitharaman had recently noted in…
Pet insurance is booming. It's also mostly worthless.
Pet insurance is now a $4 billion market. But as the industry grows, it's becoming as confusing and…
Emily Stewart
SBI Life Q4 profit rises 4% to ₹811 crore
Net premium income in Q4FY24 stood at Rs 25,116 crore as against Rs 19,897 crore in the year-…
PTI
Bima Sugam: How IRDAI’s online insurance marketplace can benefit customers
The initiative aims to establish a Digital Public Infrastructure towards universalisation and democ…
Warren Buffett's company reveals its mystery bet is a nearly $7 billion stake in insurance giant Chubb
Warren Buffett's Berkshire Hathaway built a 6.4% stake in Chubb in under nine months, and also slas…
Theron Mohamed
Bajaj Finserv Q3 profit rises 22% to ₹2,158 crore
Bajaj Finserv on Tuesday reported a 22 per cent increase in consolidated net profit to Rs 2,158 cro…
PTI
Zurich Insurance set to acquire 51% stake in Kotak General Insurance for ₹4,051 cr
Zurich Insurance Company is set to acquire 51 per cent stake in Kotak General Insurance for Rs 4,05…
PTI
Budget 2024 expectations: From removal of security transaction tax to sovereign green bonds
The FY 2025 budget is around the corner and it is expected that Finance Minister Nirmala Sitharaman…
Health insurance information to be made available in a simple and lucid form from January 1
According to a recent circular by the Insurance Regulatory and Development Authority of India (IRDA…
Insurance regulator proposes increasing surrender value of non-linked policies: Explained
The Insurance Regulatory and Development Authority of India (IRDAI) in its exposure draft released …
Govt may infuse capital in PSU general insurers in Q4 based on performance
Finance Ministry would consider capital infusion in three loss-making public sector general insura…
PTI
Explained: What a surrogate mother in India should know about insurance policy
Surrogacy is a medical process in which a woman agrees to carry and deliver a baby for another coup…
Generative AI: The next big leap in transforming life insurance operations
Generative AI is a category of artificial-intelligence (AI) procedures that involves generating new…
A Gen Z diabetic said a 3-month supply of insulin pumps would cost her $1,800 even with insurance
While President Biden's insulin price cap helped lower costs, some diabetics say the expense of oth…
Allie Kelly
Debasish Panda appointed IRDAI Chairman after 11 months of vacant position
Subhash C. Khuntia retired as IRDAI chief in early May 2021 and the government didn't fill up …
More insurers, capital, distributors and healthy competition required to make insurance for all by 2047
India aims to achieve "Insurance for all by 2047," according to Debasish Panda, the chairperson of …