insurance

Budget 2021: Govt may ease FDI norms for insurance companies

Budget 2021: Govt may ease FDI norms for insurance companies

FDI limit likely to go up in insurance from 49 per cent to 74 per cent

Max Life’s Aalok Bhan: Champion of the ‘customer backwards’ approach

Max Life’s Aalok Bhan: Champion of the ‘customer backwards’ approach

Aalok Bhan, Chief Marketing Officer, Max Life, shares invaluable insights gathered over a marketing career of close to three decades, and...Read More

WhatsApp bets on 'sachet’ insurance in India

WhatsApp bets on 'sachet’ insurance in India

The Facebook-owned company noted that its 'Payments' feature is now available to users across the country (currently up to 20 million use...Read More

Insurance co told to pay Rs 63 lakh to kin of 2 farmers killed in road mishap

Insurance co told to pay Rs 63 lakh to kin of 2 farmers killed in road mishap

The insurance company had denied the claims for compensation and said that the negligence was not on the part of the truck driver, but on...Read More

Fire accident: Consumer Commission asks insurer to pay Rs 25 cr to chemical company

Fire accident: Consumer Commission asks insurer to pay Rs 25 cr to chemical company

The surveyor appointed by the insurance company had assessed the loss at over Rs 18 crore. Mangalam had challenged the surveyor’s report ...Read More

SBI Life net profit jumps over two-fold to Rs 299.7 cr in Jul-Sep

SBI Life net profit jumps over two-fold to Rs 299.7 cr in Jul-Sep

The life insurer had posted a net profit of Rs 129.84 crore in the same quarter a year ago.

Insurance will be helpful to construction industry to tackle COVID-19 risks

Insurance will be helpful to construction industry to tackle COVID-19 risks

Construction businesses are laden with variety of risks that can take a heavy toll on finances and also halt projects. An insurance compa...Read More

Insurance claims related to COVID-19 treatment rise in September

Insurance claims related to COVID-19 treatment rise in September

The number of insurance claims related to treatment for COVID-19 rose to 40 per cent of the total health insurance claims in September, a...Read More

HDFC Life profit rises by 6%, COVID-19 claims at 418

HDFC Life profit rises by 6%, COVID-19 claims at 418

HDFC Life Insurance Company reported 6.1 per cent increase in consolidated net profit at Rs 327.83 crore for September quarter 2020-21. I...Read More

IRDAI identifies LIC, GIC, New India Assurance systemically important insurers

IRDAI identifies LIC, GIC, New India Assurance systemically important insurers

Regulator IRDAI has identified LIC, GIC and New India Assurance as domestic systemically important insurers (D-SIIs) and subsequently de...Read More

Satin Creditcare is better off in COVID-19 times due to rural presence, says H P Singh

Satin Creditcare is better off in COVID-19 times due to rural presence, says H P Singh

A law graduate and fellow of The Institute of Chartered Accountants of India, H P Singh, has come a long way since he first set his foot ...Read More

Life Insurance Corporation of India becomes 65 years young

Life Insurance Corporation of India becomes 65 years young

Life Insurance Corporation of India (LIC) enters 65th year of its existence on September 1, 2020. LIC has spread its wings from being the...Read More

Coronavirus in Maharashtra: Covid funeral pall-bearers to get Rs 25 lakh insurance cover

Coronavirus in Maharashtra: Covid funeral pall-bearers to get Rs 25 lakh insurance cover

People involved in performing funeral rites to get insurance benefits

COVID-19 impact: Retail insurance dips, group business on the rise

COVID-19 impact: Retail insurance dips, group business on the rise

The COVID-19 pandemic has brought about a big shift in the insurance preference for customers. While the pandemic has made corporates tak...Read More

28,000 Mathadi workers in Maharashtra to get Rs 50 lakh insurance cover

28,000 Mathadi workers in Maharashtra to get Rs 50 lakh insurance cover

State also plans to include 20,000 security personnel in scheme

Paytm to acquire Raheja QBE General Insurance

Paytm to acquire Raheja QBE General Insurance

Financial technology platform, Paytm is set to acquire Mumbai-based private sector general insurer, Raheja QBE. However, the company will...Read More

IDBI to raise Rs 595 crore by stake sale in IDBI Federal Life Insurance

IDBI to raise Rs 595 crore by stake sale in IDBI Federal Life Insurance

The board of directors at IDBI Bank has allowed the bank to sell stakes of IDBI Federal Life Insurance Company Limited (IFLI) worth Rs 59...Read More

Why no insurance for mental illness: Supreme Court

Why no insurance for mental illness: Supreme Court

New Delhi: The Supreme Court on Tuesday issued notices to the Centre and the Insurance Regulatory Development Authority (IRDA) on the ins...Read More

Why insurance becomes much more important amid a pandemic like COVID-19, writes V Viswanand

Why insurance becomes much more important amid a pandemic like COVID-19, writes V Viswanand

While pure investment plans get exposed to the various risks, life insurance ensures that there is always a strong wedge to stop your fin...Read More

TDS on dividend, rent, insurance payment cut by 25%

TDS on dividend, rent, insurance payment cut by 25%

Clarifying on why the TDS rate has not been reduced for salaried class, Finance Secretary Ajay Bhushan Pandey on Thursday said TDS is ded...Read More

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