As per the rule of the regulatory board, non-life insurance companies in Bangladesh have finally agreed not to give more than 15% commission to agents. After Bangladesh Insurance Association (BIA),…
SBI Life Insurance and Indian Bank have entered into a bancassurance pact to offer holistic financial planning solutions to the latter's customers. Over 2,800 branches of Indian Bank will offer…
With an aim of ensuring 'Health for All,' the Punjab Government has recently launched 'Sarbat Sehat Bima Yojana' (SSBY), covering more than 85% of the population. The launch of the…
Life Insurance Corporation of India (LIC) has registered a higher-than-industry growth of 51.86% year-on-year (YoY) in new business collection for the April to July 2019 period. LIC collected new premiums…
IRDAI said that it has notified regulations regarding the Regulatory Sandbox approach in order to promote innovation in the sector had been notified. The regulator said guidelines on the operation…
The current scenario in 90% of the Sub-Continent of India in the months of July-August 2019 reveal an outrageous form of Acts of God perils of Rainstorms- Floods- Deluge…. Since…
In a bid to promote IFSC as an attractive destination for investment for global re-insurers, the government has relaxed norms for setting up shops at Gandhinagar international financial services centre.…
As per a new sigma report from Swiss Re Institute, the use of increasingly advanced analytic capabilities is enabling property and casualty (P&C) re/insurers to “unlock new frontiers in risk…
Max Life Insurance Co. Ltd has recently announced the launch of its startup accelerator programme, Max Life Innovation Labs. The life insurer will invite disruptive startups and out of the…
Two women have been recently arrested by Delhi police for allegedly duping more than 350 people with false promise of providing them health insurance at a low premium. In accordance…