INSURANCE - Top News

Mumbai citizens waiting for their dose of COVID-19 vaccine at BKC, Mumbai.

RBI’s Rs 50,000 cr kitty to help prepare for third COVID wave, say healthcare professionals

The Reserve Bank of India’s move to provide Rs 50,000 crore for priority lending to boost COVID-related health infrastructure and service...Read More

Average health claims double to Rs 1 lakh during pandemic, add to insurers' worries

Average health claims double to Rs 1 lakh during pandemic, add to insurers' worries

It's not just number of COVID health claims but the average size of claims that's worrying health insurers. Claims are even higher for no...Read More

Private life insurers' new premium income grows 8% in FY21

Private life insurers' new premium income grows 8% in FY21

Contrary to expectations, private sector life insurers logged in a stellar 40 per cent new premium growth in the fourth quarter of FY21, ...Read More

Insurance/ Representational Image

Non-life insurers witness 5% rise in gross direct premium collection in FY21 of over Rs 1.98 lakh crore

The gross direct premium written by the non-life insurance companies witnessed a 5.2 per cent increase in 2020-21 to Rs 1,98,734.68 crore...Read More

IRDAI proposes regulations for designing, pricing of general insurance products

IRDAI proposes regulations for designing, pricing of general insurance products

Regulator IRDAI on Monday came out with draft regulations for the designing and pricing of general insurance products with a view to prot...Read More

Gold prices down by around Rs 12,000 touching pre-COVID value; Silver far from pre-COVID level, up by Rs 23,000 in the last one year

Gold prices down by around Rs 12,000 touching pre-COVID value; Silver far from pre-COVID level, up by Rs 23,000 in the last one year

Looks like gold buyers have a very good reason to buy gold. In less than 30 days, the price of gold has dropped by Rs 2,927 per 10 gram f...Read More

Representational image/Pixabay

New premium of life insurance firms rises 3.7% to Rs 21,390 crore in January

The new business premium of life insurance companies grew 3.72 per cent at Rs 21,389.70 crore in January 2021, data from Irdai showed on ...Read More

ICICI Lombard becomes first private insurance company to set up IFSC insurance office in GIFT City

ICICI Lombard becomes first private insurance company to set up IFSC insurance office in GIFT City

ICICI Lombard General Insurance, private sector non-life insurance company has received approval from ‘International Financial Services C...Read More

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