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IRDA has recently cautioned public that claims of insurance cover made by courier companies are false, as these firms do not have the permission or authority to offer insurance cover. The…

The same insurer cannot switch from one plan to another, as per the amended guidelines by the IRDA on standardisation in health insurance. Deductible-a cost-sharing requirement under a health insurance…

Armed with the startling revelation that road accidents claim one life every four minutes in India , the general insurance companies are planning to launch a new project to track fatal…

United India becomes tech savvy for crop insurance In an effort to cater to the crop insurance needs of farmers in remote areas, United India Insurance, in association with Agriculture Insurance…

In one of the biggest penalty levied by IRDA for violation of IRDA regulations, IRDA has imposed a fine of Rs.3.10 crores on Bajaj Allianz Life Insurance Company.  The Insurance…

The central Minister of State for Finance Namo Narain Meena recently said life and non-life cover in the cases of disaster should be clearly spelt out.  The minister stressed the…

At a time when India is desperately trying to woo foreign investors in various sectors to boost its economic growth, Warren Buffett's prime investment vehicle Berkshire Hathaway Inc has decided…

      The insurance industry which is having troubles presently with natural disasters is likely to see some of its current troubles dissipate with the coming of higher premiums…

The only organization from India to win the World Class Award in large service category, SBI Life has achieved a unique distinction by featuring amongst the nine  organizations from six…

HDFC Life recently launched two traditional pension plans - Personal Pension Plus, a participating plan - and Guaranteed 8Pension Plan - a non-participating plan.  The new pension products are suitable…