IntroductionGood performance of an insurance company determines the position and the growth of the insurance company in its market. Profitability and prudence are the most important objectives of financial management…
Use of data analytics will improve product design and distribution which expands reach of insurance, according to TS Vijayan, Chairman, Insurance Regulatory and Development Authority of India (IRDAI). Proper collection…
Solvency Ratio is a key metric used to determine the ability of a life insurance company to meet its debt and other financial commitments. It is an indicator of whether the…
The Insurance Regulatory and Development Authority of India has granted special approval to 23 Cross Border Reinsurers (CBR) for the year 2016-17. This will allow Indian insurers to make reinsurance…
Use of data analytics will improve product design and distribution which will expand the reach of insurance, according to T S Vijayan, Chairman, IRDAI. Proper collection and deployment of…
The additional tier-1 (AT-1) bond market, which has been witnessing subdued demand, is likely to see some activity with the possibility of the Insurance Regulatory Development Authority of India allowing…
IRDAI has approved as many as 16 proposals amounting to Rs 14,591.9 crore as foreign investment. "Post notification of the Insurance Laws (Amendment) Act, 2015, IRDAI has approved 16 proposals…
LIC is aiming to double its business in terms of new policy issuance to four crore in the current fiscal and will hire two lakh new agents to augment its…
Insurance Regulatory and Development Authority of India (IRDAI) will make certain changes to its guidelines for facilitating insurance companies to go public, according to a top official. Insurers at present…
The insurance regulator has warned life companies against overdependence on banks for selling policies. Banks are now the dominant mode for distributing policies of private insurers, and the share of…