FICCI in its pre-budget memorandum has asked the government to pass pending insurance legislation, which should help infuse long term funds for infrastructure development.
Buying general insurance such as health, motor or property cover could cost more from April. The finance ministry has asked the national reinsurer, General Insurance Corporation, to stop underwriting loss-making…
The slowdown in the life insurance industry has taken a toll on individual agents. According to data collected by Life Insurance Council, around 331,000 agents lost their jobs in the…
The Economic Advisory Council to the Prime Minister of India (PMEAC) has strongly recommended increasing the attractiveness of life insurance and mutual fund schemes to limit Indian investors’ appetite for…
The Insurance Regulatory and Development Authority (Irda) is set to revamp product designing practices in the life insurance industry to protect consumer interest.
IndiaFirst Life Insurance has won three coveted awards for Media Innovation of the Year, Best in Communication Platform and Community and Social Welfare at the 6th INDYS Awards.
Medical Insurance in Asia is seeing an outstanding growth – Demand is Hot! Opportunities are plenty for insurers in the healthcare sector with potential for growth in the scale, scope,…
Ecommerce changed the way Indians liked to book their tickets and plan their holidays. Ecommerce is currently changing the retail sector in India. Can ecommerce lead to another revolution, this…
Insurance Industry in India shall gradually move towards a paperless insurance industry. “IRDA is working on the repositories and contractual liabilities to suit the requirements of a paperless insurance industry, 
As the insurance regulator Irda and industry captains work hard to make the process of risk underwriting responsible and fool-proof, there are fresh hopes that general insurance will finally turn…