The insurance regulator has mooted the introduction of a differential premium for insured properties that are rebuilt on sensitive terrain after a natural disaster. This followed an observation that even…
IRDAI has recently ruled out a steep hike in premium of health insurance policies amid reports of a rapid rise in claims by policyholders. It said that a health regulator…
Reliance General Insurance has recently said that it will offer a one-time 5% discount on buying or renewing insurance cover to those customers who have taken the COVID-19 vaccines. The…
India's general insurance industry posted an increase of 5% in gross premium to Rs. 1,987 billion ($26.5 billion) in the financial year ended March 31, 2021.The growth was due to…
According to the data revealed by IRDAI, despite the second wave of COVID-19, the first-year premium (FYP) of life insurance players rose by 7.5% in 2020-21 at Rs. 2.78 lakh…
Life Insurance Corporation of India has recently said that it has collected highest-ever first year premium of Rs. 1.84 trillion for fiscal year ending March, 2021. The corporation continued its…
ICICI Prudential Life has recently reported a 23% development in its new enterprise premium, a key metric for insurance coverage firms, as it had report coverage gross sales in March…
Online insurance aggregator InsuranceDekho is expected to have garnered Rs. 1,200 crore in insurance premium through its platform during the financial year ended March, 2021. The company, which mainly caters…
Older vehicles are not only more hazardous but also carry a greater risk of breakdowns and accidents. They also lead to more pollution. The scrappage policy aims at taking old…
ABSTRACT Indian economy is in transition over the last ten years, owing to the initiation of major economic reforms affecting almost all sectors. The paradigm shift from a mixed economic…