$60 m is raised in Series B by InsuranceDekho.
Leading insurtech business in India, InsuranceDekho, has achieved a noteworthy milestone with the $60 million it has raised in its current Series B fundraising round. The company has drawn new…
India has defied the Asian trend by valuing life insurers more highly: Report
According to a McKinsey analysis, life insurers in India have been valued higher than those in other Asian nations like China, Japan, and Taiwan, making the Indian life insurance market…
Aviva Life faces search by GST authorities
Indian tax inspectors recently raided the Aviva Life in New Delhi and took records as part of their probe into possible tax cheating. According to two of the three sources—who…
According to ICRA, life insurers’ new business premiums will increase by 9–12% in FY24.
According to ICRA, the new business premium (NBP) for the life insurance market is anticipated to increase by 1113 percent to Rs. 4.494.66 lakh crore in FY25, from Rs. 3.71…
At Rs. 17,469 crore, LIC reports its highest-ever half-year profit.
Life Insurance Corporation (LIC) reported its highest-ever half-yearly profit of Rs. 17,469 crore for the first half of FY24. This was primarily due to the transfer of Rs. 13,768 crore,…
Heath Cover details to be available in single page from January next year
In addition to having a 15-day window to cancel a policy, come January 1st you will be able to swiftly peruse the small print of a health insurance policy, which…
With the GST return, Indian health insurance becomes more appealing to non-resident Indians.
The generation of wealth, the advancement of one's profession, and exposure to better possibilities are among the common motives for India's approximately 25 million annual migration abroad. NRIs cannot afford…
Poor air quality could revitalize the health insurance industry.
The country's declining air quality will probably cause general insurance providers to witness an increase in demand for health insurance in the upcoming months. As a result of increased awareness…
US inflation to rise due to health insurance
A popular US inflation measure is projected to see a tiny increase due to a revision in the government's estimate of health insurance prices. This reversal of trend follows a…
IRDAI creates a panel to streamline insurance policy phrasing
A committee was established by regulator IRDAI to streamline insurance policy wording and assist consumers in making educated decisions before to purchasing coverage. Within eight to ten weeks, the eight-member…