Because of the aggressive private enterprises that are stepping up their competitiveness, public sector general insurers have once again lost market share. The total market share of PSU insurers decreased…
Out of the 32 general insurance companies which do health insurance business in India, there are only four public sector general insurance companies: The New India Assurance Company Limited (NIACL),…
The last few years have seen some prominent changes in the insurance space. The adoption of technology has created a whole new tech enabled business models to disrupt the insurance…
Introduction The manufacturer or trader may suffer substantial losses if the risks are not adequately covered by Insurance. In addition to the physical losses, in some cases they may also…
Global economy is beset with rising uncertainty, volatile geopolitical environment, supply constraints, looming recession, sanctions, slow economic growth and multiple other issues. The changes in risk landscape has been fast…
We wish all our readers a very Happy New Year 2023! We hope the New Year will lot of opportunities for the Insurance Industry in India. Already since the third…
Kotak Life Insurance, announced the launch of Kotak Premier Life Plan. This is a limited premium payment, participating whole life plan. The plan is completely aligned with the firm's core…
Max Life Insurance Company has launched the 'Max Life Smart Fixed-return Digital Plan'+ a non-linked, non-participating, individual life insurance savings plan. The novel offering developed basis a consumer insight study…
Canara HSBC Life Insurance's new "Guaranteed Fortune Plan" is a non-linked, non-participating individual savings scheme offering life cover and a lump sum amount on outliving the policy term. The product,…
Sri. Benson George Reliance General Insurance Co. Ltd Civil Appeal No. 1540 of 2022 Policy type- Third Party Insurance The Supreme Court examined its previous decisions in Raj Kumar v.…