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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
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
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…
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…
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 …
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
Go Digit shares debut with over 5% premium
At the NSE, it listed at Rs 286, reflecting a jump of 5.14 per cent. The Rs 2,615-cror…
PTI
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
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…
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…
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…
Parliamentary panel recommends reduction in GST on insurance products
There is a need to reduce the GST rate on insurance products, especially health and term insurance,…
ANI
Premiums for private life insurance players go up 35% YoY in March, industry premium suffers a decline
In March, the private life insurance industry recorded a significant increase in premiums, growing …
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…
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
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
India Shelter Finance IPO subscribed 1.48x times on day 1 Q
Affordable housing company India Shelter Finance Corporation’s IPO was subscribed to 1.48 times the…
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
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…
Guaranteed return insurance plans are not a good idea: Here is why
These guaranteed return plans are basically insurance plans. They sound promising, because who does…