Emerging markets will remain the growth engine for the global economy and insurance industry over the next decade, the latest sigma report from Swiss Re Institute shows. The study explores how the…
MetLife, Inc is considering buying additional stake in PNB MetLife India Insurance Company “MetLife is now looking to buy stake in the Indian life insurance company,” said sources close to…
Abrol Engineering had taken a policy of Rs 40 lakh from New India Assurance to cover a CNC machine made by DMG Deckel Maho Gildemister. During the tenure of the…
Life Insurance Council, will urge IRDAI to allow them to offer indemnity health cover again. The regulator had barred life insurance companies from offering indemnity health products from July 2016.…
Tamil Nadu, which has integrated the Chief Minister’s Comprehensive Health Insurance Scheme (CMCHIS) with the Centre’s Ayushman Bharat scheme, has submitted 1.25 lakh claims so far totaling Rs. 274 crore.…
The levying of an 18% tax on insurance premiums is detrimental to improving the penetration of insurance in the country and should be rolled back, said Nilesh Sathe, member(life) IRDAI.…
Oswal Plastic Industries had taken a fire and special perils policy from New India Assurance to cover its industrial establishment. The policy was issued on June 27, 2009. The sum…
In Ayushman Bharat scheme, in order to avoid windfall gains for insurance companies, a model tender document specifies the maximum gain an insurer can make if there is a surplus…
Insurance aggregator offers to assist 1.1 crore policy holders in policy holders and claim services First insurance aggregator in India to offer policy claims services regardless of insurer or policy…
Shreem Capacitors was in the business of manufacturing capacitors and supplying these to various state electricity boards, government undertakings, and railways. The company obtained a 220 KVA sub-station from Maharashtra…