No steep premium hike for health policies: IRDAI
IRDAI has recently ruled out a steep hike in premium of health insurance policies amid reports of a rapid rise in claims by policyholders. It said that a health regulator…
Egyptians to receive travel insurance on trips abroad: FRA
Egypt's Financial Regulatory Authority (FRA) has recently revealed that insurance companies licensed by the authority will provide an umbrella of insurance policies for citizens travelling abroad. The FRA also stated…
Allianz Partners returning to travel cover
Allianz Partners is returning to the travel insurance market after revamping its policies and including cover that takes account of COVID-19 border-closure risks. A simplified platform offers some cover to…
Employees State Insurance Corporation installs oxygen generation plants at Delhi hospitals
The Employees State Insurance Corporation has recently installed oxygen generation plants at its two hospitals in Delhi NCR area. These include a 440 LPM capacity plant at the ESIC Hospital…
Tata AIG General Insurance names Jitesh Bawa as new CHRO
Jitesh Bawa has been elevated as the CHRO (Chief Human Resources Officer) of Tata AIG General Insurance. Previously he was working as Senior Vice President - Human Resources. He comes…
Insurance sector set for transformation: Subhash Khuntia
The Indian insurance sector is at present on the cusp of a transformation, remarked Dr. Subhash Khuntia who retired from his position as IRDAI chairman recently. In a message to…
Life insurers’ new business premium jumps 45% to Rs. 9,739 crore in April, 2021
As per the recently released data by IRDAI, life Insurance firms recorded nearly 45% growth in their cumulative new business premium at Rs. 9,738.79 crore in April 2021. All 24…
Flipkart to cover insurance for all sellers in India and waive additional fees
Flipkart is exempting storage and cancellation charges for sellers on its market and likewise offering them with insurance coverage protection in order to take care of cordial relationships with greater…
HSBC Life and dacadoo forge global partnership to enhance holistic health and wellbeing offering to customers
HSBC Life, the Group’s insurance business, will integrate dacadoo’s Digital Health Engagement Platform into its recently launched health and wellbeing platforms, available to both corporate and retail customers. HSBC Life’s…
RSA declares Q1 operating results as takeover gets green light
RSA Insurance Group Plc has recently announced what the group described as ‘excellent’ operating results for the first quarter of the year 2021. In a trading update, which the insurer…