Private sector general insurance companies continued to grow faster than the industry in April 2022, driving the 24% industry growth, chipping away market share from their public sector peers, data…
Despite rising incidents of two-wheeler electric vehicles (EVs)catching fire, General Insurance companies are not planning to increase premiums immediately as claims are still in single digits. The insurers said they…
In a surprise move, IRDAI has relaxed the disclosure requirements of foreign reinsurance branches (FRBs) and Lloyd's India as part of "rationalisation of compliance" standards. The regulator said FRBs and…
With the surge in sale of unmanned aerial vehicles (UAVs) or remotely piloted aerial systems, the drone insurance policy of the National Insurance Co (NIC), the first-of-its-kind from a PSU…