Month: February 2017

Introduction A business faces numerous risks in its day-to-day operations, and managing this risk is paramount to a thriving and successful company. Rising insurance costs coupled with increasing self-insured risk…

The Insurance Regulatory and Development Authority of India (IRDAI) is concerned about data security in insurance companies. The regulator feels that steps being taken to secure data currently are inadequate…

Insurance Regulatory and Development Authority of India (IRDAI) said it expects foreign re-insurers which will get final clearance from the regulator to be operational in the country over the next…

In the wake of Insurance Regulatory and Development Authority of India's (IRDAI) reservation about the deal structure in the proposed merger of Max Life Insurance Company with HDFC Life, a…

      Importance of Travel Insurance     Travelling abroad to a foreign land entails a lot of risk. Medical expenses in foreign currency and hospitalization can be prohibitively…

Nowadays, two-wheelers have become very common in India. We often see the streets as well as parking lots crowded with bikes and scooters.  This is the case widely observed in…

New India Assurance has launched a premium Rs 1 crore mediclaim cover for the super rich, the first such plan by a public sector company. Besides being available for a…

Life insurance companies continued to witness positive growth in the new business premium for the first four months of the current financial year. Data from Life Insurance Council shows that…

Birla Sun Life Insurance has launched a 'cancer shield plan' for protection against any possible risk. "Cancer patients die not because of lack of treatment but due to unaffordable treatment…

Insurers are now looking at launching standalone products for cancer and related treatments. Though most insurance companies already offer critical illness cover of as high as Rs. 50 lakh and…