Cholamandalam MS General Insurance Company Ltd (Chola MS), is planning to re-enter the Rs. 25,000 crore crop insurance business after a gap of three years. “Nearly three years ago, we…
Cholamandalam MS General Insurance Company Ltd (Chola MS), is planning to re-enter the Rs. 25,000 crore crop insurance business after a gap of three years. “Nearly three years ago, we…
IRDAI has decided to stop the facility of re-payment of loans taken against Life Insurance policies through credit cards. In a circular dated May 4, 2023, the insurance regulator advised…
Disbursal of claims under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), which offers death coverage due to any reason, shot up by 438 per cent in 2021-22 to 340,192,…
India—home to the world’s deadliest roads—plans to extend its marquee Incident Management Services (IMS) to all national highways to reduce road fatalities and improve safety for road users. The ministry…
The General Insurance Council, the industry body of non-life insurers, is working towards creation of a common empanelment platform for hospitals . The objective of the platform is to make…
The four public sector general insurance companies have lost 800 basis points (bps) in market share in last five years to their private counterparts. In 2018-19, the four had a…
Ahead of the 2024 general election, the government plans free insurance for cows as currently, farmers pay 20-50 per cent of the premium charged by insurance companies even after capping…
Tata AIG General Insurance and others have received the contract to provide $10bn cover to Air India and its low-cost international subsidiary Air India Express. Under the contract, the airline…
Brokers are playing a bigger role in the distribution of non-life insurance in India, with their share of premiums doubling to over 35% from 17% over the last 10 years.…