Insurance industry

IRDAI has said it will soon come out with its report on covering the 'missing middle' in the country under health insurance. The regulator has asked the industry to be…

The insurance industry has proposed that uninsured vehicles should not be allowed to refuel at oil pumps, looking to raise penetration of automobile insurance, industry executives familiar with the development…

The Indian insurance industry is undergoing a transition led by the digital revolution and innovations in the payments sector in the country, and moving towards more real time coverage aided…

When faced with a critical illness, the last thing you want to worry about is money. This is why critical illness insurance can be such a valuable asset. This type…

"The insurance business was hoping the finance minister would include a few giveaways in this year's budget. In the days leading up to the presentation of the budget, there was…

IRDAI proposal to put a lower cap of 20% on commissions and remunerations paid to agents and intermediaries under both life and non-life products could lead to faster growth of…

Swiss Re signed a memorandum of understanding (MoU) with the Institute of Insurance and Risk Management (IIRM), an organisation dedicated to providing executive education across the financial services sector. The partnership is aimed at catalysing…

South Korean insurance industry is projected to grow at a compound annual growth rate (CAGR) of 3.5% from KRW220.5 trillion ($186.8bn) in 2020 to KRW262.5 trillion ($229.5bn) in 2025, in…

Environmental, social and governance (ESG) practices have become more than a buzzword, with businesses across all market sectors including the insurance sector, making efforts to adopt and integrate ESG practices…

Digit Insurance, a unicorn general insurance company offering health, car, bike, travel, home and shop insurance, announced it has been conferred with the ‘Digital Insurer of the Year’  award at…