InsuranceDekho, India's leading insurance platform said that GirnarSoft has committed $20 million (around Rs. 147 crore) investment in the company. The firm will use the funding for "branding and strengthening…
Formal sector workers registered under the Employees' State Insurance (ESI) scheme will receive Covid-19-related unemployment cash allowance within 15 days of filing the claim. The ESI Corporation released the revised…
Mahindra Finance's insurance arm is set to enter the business of online broking giving digital services to the customers of its subsidiary, Mahindra Insurance Brokers, through a soon-to-be launched portal…
Insurance companies are hopeful of a turnaround in the government's flagship crop insurance scheme - the Pradhan Mantri Fasal Bima Yojana (PMFBY) - with new guidelines and use of innovative…
Non-life insurers, which include general insurers, standalone health insurers and specialised PSU insurers, have seen a 10.38 per cent growth in premiums in August. They have amassed premiums to the…
India's largest reinsurer, General Insurance Corporation (GIC Re), recorded a pre-tax loss of Rs 811.22 crore in the first quarter, compared to a pre-tax profit of Rs 138.90 crore in…
Reliance General Insurance has launched 'Insurance Gift Card' which will enable buyers to gift an insurance product. The product has been approved under the sandbox guidelines of the Insurance Regulatory…
The Life Insurance Corporation of India (LIC), General Insurance Corporation of India and The New India Assurance Co have been identified as Domestic Systemically Important Insurers (D-SIIs) for 2020-21 by…
The Insurance Regulatory and Development Authority of India (Irdai) may soon allow insurers to leverage various electronic platforms to ensure ease of doing business. In a circular sent to all…
Insurance Regulatory and Development Authority of India (IRDAI) has allowed insurance companies to issue electronic health insurance policies. "Insurers should send the policy document and a copy of the proposal…