Kidney donor gets right to insurance after PMO prod
Nagpur: In 2009, Dr Ravi Wankhede, a well-known activist in the field of organ donation and former general secretary of Zonal Transplant Coordination Centre (ZTCC) in Nagpur, had donated one…
HDFC Life joins hands with Yes Bank to sell insurance policies
HDFC Life Insurance on Tuesday said it has joined hands with corporate agency agreement with Yes Bank to offer a comprehensive bouquet of life insurance solutions to the bank's customers…
Internet businesses rush in as the pandemic widens insurance market
India's burgeoning internet economy is slowly warming up to the potential of its massively underpenetrated insurance market. The country's largest consumer internet platforms - from Flipkart to Paytm - are…
Crisis will increase awareness on need for Cover: HDFC Life
Covid-19 has put the spotlight on the need to insure lives, and the pandemic could well be the "penny drop" moment for an industry that had hitherto struggled to sell…
Max Life launches Covid one-year term rider
MaxLife Insurance CompanyLtd (Max Life), has come up with a 'Covid-19 one-year term rider' to help customers (18 to 65 years) looking to protect themselves against the pandemic. This is…
Life insurers face falling persistency levels
Amid signs of recovery in sales, life insurance companies continue to grapple with low persistency levels, especially in market-linked and endowment products. Experts and players attribute this to the current…
ICICI Bank gets exemption from paring stake in insurance arms for 3 yrs
ICICI Bank Ltd. said it has got exemption from paring stake in its life and non-life subsidiaries to 30% for a period of three years. A government notification exempted ICICI…
Insurers face double whammy from Covid, non-Covid claims
General insurers and standalone health insurers are facing a double whammy. With exponential rise in coronavirus-positive cases, reported Covid claims have topped 200,000, worth over Rs 3,000 crore, and are…
Digital health plan may cut insurance cost
The National Digital Health Mission - which aims to create digital health profiles of citizens - will not only be a boon for policyholders but also prove to be equally…
Health insurers see slow growth in Aug as collections drop
Standalone health insurance companies recorded 25.85% growth in premium between March and August, showed Insurance Regulatory and Development Authority of India data, as the pandemic led more people to take…