According to a survey conducted recently, the average sum insured for health insurance policies bought on the online insurance marketplace almost doubled to Rs. 2.24 million during the financial year…
Bajaj Allianz General Insurance has recently announced the rollout of a critical illness policy named Criti-Care. While the entry age for adults is 18 years to 65 years and that…
With the government pushing for electric vehicle adoption, insurers assume it to emerge as a key segment in the coming days. In March, 2020, IRDAI had announced that insurers will…
The Union Government has appointed M.S. Bhatia, a senior IAS officer, as the new Director General of Employees State Insurance Corporation. Bhatia is a 1990 batch IAS officer of the…
India's pension regulator is allowing pension fund managers to charge their customers higher fees from April 1, 2021, a move that could attract more foreign investment in the sector. The…
Virat Kohli has recently been named as the face of Digit Insurance, a general insurance company that became the first unicorn of 2021 with a valuation of $1.9 billion. Joining…
Swiss Re has been confirmed as the reinsurance partner to a new public-private disaster risk insurance scheme in Nagaland, which aims to increase the region's climate resilience. The scheme is…
There can be times in life when you urgently need the money, and you don’t have funds. Personal loans can save you from such situations. A personal loan seems extremely…
The hike in Foreign Direct Investment limit from 49% to 74% in the insurance sector is set to shorten the break-even period for the industry in India from current eight…
GIC Re Chairman-cum-Managing Director Devesh Srivastava has recently stated that despite its challenges the COVID-19 pandemic has increased awareness about insurance products and will help penetration in the long run.…