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3 mins read
Removal of commission caps for insurance agents likely to boost innovation, customer-centricity
It will give more flexibility to insurance companies to determine what amount of commission they wi…
1 min read
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 …
2 mins read
IRDAI chief cautions insurers against predatory pricing
New Delhi, Jan 17 () Insurance Regulatory and Development Authority of India (IRDAI) chairman S C K…
PTI
1 min read
ICICI Lombard gets Irdai nod to pilot 5 projects under Regulatory Sandbox
New Delhi, Jan 22 () ICICI Lombard on Wednesday said it has received Irdai's approval to pilot five…
PTI
1 min read
Bharti AXA General gets Irdai nod for two products under regulatory sandbox framework
New Delhi, Jan 21 () Private non-life insurer Bharti AXA General Insurance on Tuesday said it has r…
PTI
3 mins read
Looking to unlock value in IDBI Bank: LIC chief
Explaining further, the corporation's appointed actuary Dinesh Pant said, "LIC (Act) has got a Sec…
PTI
4 mins read
Yes Bank's 15-month journey from regulatory crackdown to finding a new CEO
Gill’s appointment caps a tumultuous period for Yes Bank, following a clampdown by India’s c…
1 min read
Raghuram Rajan cautioned against volatility, given conflicting action by the developed world
After the "taper tantrums" starting mid-May 2013, when the Fed hinted at reversing its easy money…
4 mins read
Budget 2024: Three things the insurance sector want from FM Sitharaman this budget.
At present, individuals aged below 60 can claim an annual deduction of up to Rs 25,000 towards hea…
2 mins read
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 …
4 mins read
Home insurance doesn’t cover all bases – know the add-ons available
Home insurance penetration in India is very low. In fact, five years back, it was only 1%. However,…
3 mins read
Buying car insurance online? Here is how to crack a good deal
Bypassing intermediaries such as agents or brokers, digital insurers eliminate commission fees – wh…
3 mins read
Victim of a car theft? Here is all you need to know about claims
In case of vehicle theft, report to the police and inform the insurance provider immediately to ens…
1 min read
An Indian Court wants response from authorities on Facebook, Google and Amazon Pay's allegedly unregulated financial ops
A bench of Chief Justice D N Patel and Justice Prateek Jalan issued notice to the ministries of …
PTI
2 mins read
Payments firm ZestMoney raises $50 million to test out insurance business
Payments company Zestmoney, which allows customers to ‘buy now and pay later’ (BNPL), has raised $5…
2 mins read
Amazon-backed digital insurance company Acko is now valued over a billion dollars
The Series D round was led by General Atlantic and Multiples Private Equity, along with the part…
1 min read
SBI Life re-appoints Sanjeev Nautiyal as MD, CEO
The Board of Directors of SBI Life Insurance Company Limited at theirmeeting held on March 4, 2020 …
PTI
1 min read
Max Life completes process of implementing changes across individual product portfolio
New Delhi, Jan 15 () Private sector Max Life Insurance Wednesday said it has completed the process …
PTI
1 min read
Union Bank plans to lower stake in IndiaFirst Life to less than 10 pc
Last year, Andhra Bank had initiated the process for selling its part or full stake in the insuran…
PTI
2 mins read
Paytm, Vijay Shekhar Sharma to acquire Raheja QBE General Insurance
Meanwhile, Prism Johnson Ltd, formerly Prism Cement Ltd, in a separate statement said its board ha…