Insurance
How the new bumper vehicle insurance rule will impact consumers
The law was drafted and enforced to safeguard the interests of a third party who suffers injury or property damage due to an accident involving an …
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Insurance
How the new bumper-to-bumper vehicle insurance rule will impact consumers
To drive a vehicle without insurance is a punishable offence. (Photo: iStock) The Madras high court, in a judgement, has said all vehicles sold in …
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Insurance
PhonePe receives insurance broking licence, can now offer products from all insurance companies
The licence will allow PhonePe to distribute products from all insurance companies and offer personalised product recommendations to users. Represe…
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Insurance
Deepak Parekh urges IRDAI to allow insurers to sell pension, health policies
Deepak Parekh that globally, both pension and health covers are very much part of life insurance as they protect people from longevity and morbidit…
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Insurance
Saral Jeevan Bima: Features, entry age, cover amount, latest trends – Here’s all you need to know
Saral Jeevan Bima has made it easier for people with comparatively less educational background and those falling under low-income profile to get cov…
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Insurance
SBI General Insurance launches 'Arogya Supreme': All you need to know
The policy provides a wide range of sum insured options up to ₹5 crore, wherein customers can choose from 3 options. Arogya Supreme is a comprehens…
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Insurance
Edelweiss Group to exit insurance broking business
Edelweiss will sell 3.7 million shares of EGIBL at ₹ 10 each, representing 70% of the paid-up share capital, for ₹ 307.60 crore Edelweiss Group o…
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Insurance
Zurich CEO: Public-private insurance schemes needed for systemic loss events
Total insured losses related to the COVID-19 pandemic in the global re/insurance industry could end up settling close to US$50 billion, according t…
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Insurance
Insurance organizations rank among world’s largest companies
Despite the huge economic impact of the COVID-19 pandemic, the global insurance industry was relatively unharmed, compared to other industries, suc…
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Insurance
SBI General Insurance net profit rises 32 % to 544 cr in FY 20-21,Combined ratio at 99.8 %
“FY21 demanded special focus on the Health and SME lines, and we managed to maintain a balanced growth. We are also scaling up our product bouquet …
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Insurance
Irdai imposes ₹51 lakh penalty on four insurers
Group of firms includes SBI General Insurance Company that has been fined ₹25 lakh. Insurance regulator Irdai has imposed a penalty of ₹51 lakh on …
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Insurance
Irdai fines Future Generali Rs17 lakh for selling unapproved add-on covers
You will also find plans such as Future Generali Insurance Co Ltd’s Vector Care plan that covers you for all the vector-borne diseases Irdai had co…
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Insurance
COVID-19: Health Insurance companies log strong growth, overall sector grows by 5.2%
Hence the largest pie has been shared by non-life insurance sector in the wake of the COVID-19 Pandemic. New Delhi: In the wake of the advent of CO…
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Insurance
Six important things to know while buying health insurance in 2021
A health insurance policy should provide overall protection for diseases, injury and chronic illnesses. For this, it is imperative that one checks …
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