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Rising claims pose challenge for health insurance sector in India, says Jefferies

The health insurance sector may face challenges in the coming months due to rising claims and incre…

ANI   


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3 mins read

GST Council to deliberate on taxation of insurance premium, report on online gaming tomorrow

The Council is likely to be apprised about the ongoing drive against fake registration, the success…

PTI   


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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 heal…

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2 mins read

Motor insurance premiums register modest growth in October, while health sees a pick up

In October 2023, non-life insurance industry grew at a modest pace of 10% year-on-year. The industr…

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4 mins read

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 …

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2 mins read

ESAF Small Finance Bank IPO subscribed 73x as QIBs rush in

The ₹463 crore ESAF Small Finance Bank’s initial public offer (IPO) was subscribed 8.3 times at the…

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4 mins read

Return of premium term insurance: Do TROP policies make financial sense with a higher premium?

When we hear the word term insurance, what comes to mind is a pure insurance policy which covers th…

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2 mins read

Fairfax-backed Go Digit to float IPO on May 15

At present, Go Digit Infoworks Services owns an 83.3 percent stake in the company. Proce…

PTI   


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4 mins read

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…

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3 mins read

Life insurers stare at 10-12% hit on top-line as Budget taxes higher premium products

The Budget has left the life insurance industry a worried lot with the new tax proposal on higher p…

PTI   


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2 mins read

SEBI bans five entities in LIC front running case, impounds ₹2.44 crore

Financial markets regulator Securities and Exchange Board of India (SEBI) has banned three individu…

ANI   


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3 mins read

Capital Small Finance Bank closes 7% below issue price on market debut

Capital Small Finance Bank’s stock slipped 7% on its debut on Wednesday morning. The stock listed a…

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1 min read

Bajaj Finserv posts 42% growth in Q3 net profit to ₹1,782 crore

The company's total income was ₹21,755 crore for reviewed the quarter, against ₹17,620 crore in the…

ANI   


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12 mins read

As floods become a recurring threat, here’s how to insure your home from natural calamities

While petrichor, the pleasant smell that frequently accompanies the first rain, always brings a smi…