Non-life insurance companies reported a 5.55 per cent decline in gross premium income at Rs 22,774.60 crore during the month of September of the current fiscal year, as per…
IRDAI has allowed renewal, migration and portability of Covid-specific standard health products - Corona Rakshak, Corona Kavach and Group Corona Kavach policies. IRDAI said Corona Kavach and Corona Rakshak policies…
IRDAI Chairman Subhash Chandra Khuntia has urged the insurers to expand the ambit of health insurance to include outpatient care as part of the health insurance system to push millennial…
The premium on health insurance policies have risen by 40-70% for policyholders after insurers hiked rates following a regulatory note to widen coverage and standardise conditions with regard to exclusions.…
The life insurance industry, has witnessed huge degrowth in business in the first quarter of the current financial year due to pandemic. With the worst behind, the life insurance sector…
IRDAI is going to introduce colour codes for all individual health products that will enable the customers to understand the complexity of plans. According to an exposure draft released by…
Gross direct premium underwritten by the general insurance industry came down 4.41% in September as motor insurance and crop insurance businesses remained under stress. IRDAIA data revealed that general insurance…
The National Digital Health Mission - which aims to create digital health profiles of citizens - will not only be a boon for policyholders but also prove to be equally…
Insurers in the country have covered around 60 lakh lives under the two covid-19-specific policies, Corona Kavach and Corona Rakshak, Subhash Chandra Khuntia, chairman of the Insurance Regulatory and Development…
The Life Insurance Corporation of India (LIC), General Insurance Corporation of India and The New India Assurance Co have been identified as Domestic Systemically Important Insurers (D-SIIs) for 2020-21 by…