Problems of Bancassurance in India
1. It has been that large number of claims are repudiated because of discrepancy in physical address on value at risk in claim form. In many policies, the bank writes…
1. It has been that large number of claims are repudiated because of discrepancy in physical address on value at risk in claim form. In many policies, the bank writes…
The insurance regulator’s approval to United India Insurance Co. to exercise the call option on its bonds despite not meeting the minimum solvency ratio will set a precedent for similar…
IRDAI has, in a revised exposure draft on reinsurance regulations, mandated that Indian reinsurers, including foreign reinsurance branches, have to retain a minimum of 50 per cent of their Indian…
The per capita health expenditure is the highest in Kerala at Rs 9,871, almost four times the national average of Rs 2,100, indicating that the cost of healthcare in the…
Hyundai Motor India in FY22 ventured into the "Insurance" segment through Hyundai India Insurance Broking Private Limited. The new company has obtained registration with IRDAI as a Direct Broker --…
Future Generali India Insurance is expecting close to 20 per cent growth in the current financial year. It had registered a growth of around 8 per cent in gross written…
India to become sixth largest insurance market in the world in the next 10 years supported by regulatory push and rapid economic expansion, a report said. Total insurance premiums in…
AON a leading global professional services firm, has announced the results of its 2021 Global Risk Management Survey for India. The study gathers input from thousands of risk managers globally every two…
Given the low penetration of insurance products in the fisheries sector, the FAO World Review of Capture Fisheries and Aquaculture 2022 has suggested involvement of public and private insurance service…
India plans to roll out its vehicle safety standards, mirroring similar programmes globally, in a renewed push towards improving road and vehicle safety in the country that has one of…