HDFC ERGO General Insurance Company has emerged as the most preferred insurer in India by crossing Rs. 10,900 crore in gross premium income YTD Feb 2021, covering more than 1.5…
The biggest business of non-life insurers, motor insurance, is still in contraction. Till February, the segment has shrunk 4%b in premiums collected. In the same period, the health insurance premiums…
The Ministry of Road, Transport, and Highways has proposed a concession of 25% in road tax against the scrappage certificate of personal vehicles and 15% for transport vehicles. This rule…
The Life Insurance Corporation of India has managed to record double-digit growth in FY21 despite new business premium lagging the previous fiscal until February, 2021. The corporation’s chairman M.R. Kumar…
LIC has permitted its policyholders to submit their maturity claim at any of their nearest LIC offices anywhere in India. LIC made the announcement to ease the policy settlement process…
LIC Housing Finance will waive 6 EMIs, spread across the tenure of the loan, under the Griha Varishtha scheme designed for public sector pensioners. Borrowers under this scheme, available to…
IRDAI has allowed the insurers to invest in fund of funds that invest within the country, in a move that is expected to open up more capital options for India’s…
Karnataka stands third among states, after Maharashtra and Gujarat, in terms of COVID-19 insurance claims from the start of the pandemic until April 1, 2021. Patients of Karnataka have claimed…
Handloom weavers have recently sought a separate health insurance cover for them and their family members, a scheme that was available a few years ago. According to Mu. Varadarajan, General…
A 57-year-old woman allegedly connived with one of her relatives to kill her 62-year-old husband, in order to claim Rs. 1.3 crore as insurance in Tamil Nadu. The police arrested…