The Insurance Regulatory and Development Authority of India (Irdai) has unveiled the final guidelines on allowing wellness and preventive features under a health insurance policy as optional or add-on cover.…
A Working Committee of the Insurance Regulatory and Development Authority of India (Irdai) has recommended a comprehensive insurance cover for drones with a third-party liability which should be in line…
The committee formed by the Insurance Regulatory and Development Authority of India (Irdai) to examine the requirement and rationale for setting up a pandemic pool has recommended the formation of…
The insurance regulator will come out with a series of standardised products to improve coverage in the under-insured segments and increase the adoption of insurance products. It is developing a…
After bringing out specialised insurance cover for the Covid-19 pandemic, the Insurance Regulatory and Development Authority of India (Irdai) is planning to come out with standardised insurance schemes for dwelling…
New business premium (NBP) of life insurers grew 6.86 per cent in July to Rs. 22,986 crore, compared to Rs. 21,509 crore in the corresponding period a year ago. It…
Insurance companies have turned net buyers of Indian equities after eight years. So far this year, domestic institutional investors (DIIS) have purchased stocks worth Rs. 80,000 crore, of which mutual…
SBI Life Insurance reported a 5.1 per cent jump in net profit at Rs. 390.89 crore in the first quarter of FY21 against Rs. 371.90 crore a year ago. Its…
HDFC Life Insurance reported a six per cent increase in net profit at Rs. 451.09 crore in the first quarter of FY21 when compared to Rs. 424.62 crore a year…
ICICI Prudential Life Insurance reported almost flat growth in net profit at Rs. 287.59 crore in the first quarter of FY21 when compared to Rs. 284.94 crore a year ago.…