Month: February 2012

Private insurer Bharti AXA Life Insurance today launched its first online term insurance product - Bharti AXA Life iProtect plan.

Following directions from the Delhi High Court last September to provide health insurance to people living with HIV/AIDS (PLHA), the Insurance Regulatory and Development Authority (Irda) has released the draft…

Change in the regulatory environment, which has compelled insurers to cut distribution costs, is leading life companies to look at new low-cost channels for distribution. A spate of companies, including…

IRDA has sought views/feedback on the Cross-selling of products in financial services, including insurance products, is common. Insurance products may be bundled with other financial services or with goods. 

The health insurance segment of the insurance industry has been growing significantly. The IRDA has underpinned the growth of this market by registration of standalone health insurance companies, by nurturing…

Insurance Institute of India conducted a National Conference, ‘Back to the Basics of Insurance’ on 27th January 2012 at Grand Hyatt, Santacruz, Mumbai. Read the Full report....

The Consumer Disputes Redressal Commission, Gujarat State, dismissed the appeal against the order of the Ahmedabad City Forum, holding Healthcops ICICI Lombard General Insurance Limited, Mumbai, ICICI Lombard General Insurance…

The year 2011 was marked by a series of severe earthquakes and many weather-related catastrophes. Thus Munich Re estimates its claims costs from the earthquakes in Japan and New Zealand…

After bargaining with hospitals to reduce charges, general insurers have turned to the auto industry to bring down cost of repairs , most of which is paid for by the…

Health insurance agnostics often cite the lack of cover for small or over-the-counter medical expenses to justify their scepticism. Their grouse is that though visits to a doctor and the…