Insurance

A parliamentary panel is set to suggest policy measures for the insurance sector to equip it to deal with the impact of natural calamities on large infrastructure projects, people familiar…

The insurance sector is expected to transition to the risk-based capital (RBC) regime and the Ind-AS accounting standard by 2025, which will help the sector align with global standards under…

Bucking the overall positive market trend, life insurance stocks declined by up to 8 per cent after the IRDAI proposed a higher surrender value for life insurance companies. In the…

The outlook of the insurance industry is undeniably intertwined with product innovation, customization, and streamlined claim settlement processes, all supported by digital advancements. This evolution is not merely a response…

The insurance industry, once rooted in tradition, finds itself at a pivotal juncture. As technological advancements surge and consumer demands evolve, a metamorphosis is underway. Traditional insurers, realizing the necessity…

Change is sweeping through our world at an unprecedented pace, eclipsing the rapid transformations seen in any historical era. The convergence of shifts in climate, technology, workforce dynamics, and societal…

The GST Council will soon provide clarity on input tax credit for life insurers, following a recent Rs 290-crore demand on Life Insurance Corporation — a move that is expected…

6 Interesting Facts About Life Insurance That Will Convince You To Buy One   Guaranteed protection. You can buy life insurance online, and it gives you long-lasting peace of mind…

HDFC Life Guaranteed Income Insurance Plan is a non-linked non-participating individual life insurance savings plan that provides guaranteed tax-free benefi­ts after completion of premium payment term and Guaranteed Death Bene­t…

Insurer has to pay repatriation expenses if the insured person dies while travelling abroad even if he/she didn't reveal their pre-existing medical condition while taking the insurance. The Vadodara district…