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Life insurers’ payout losing steam
Choking On Growth Payout by life insurers fell by Rs6,000cr in FY23 Out of 10.76 lakh total death claims, life insurers paid 10.60 lakh...
LIC shares soar around 10%; mcap rise to Rs37,855 cr
The company's market valuation jumped Rs37,855.12 cr to reach Rs4,28,613.47 cr
Need to create awareness about Insurance Ombudsman’s role
Former Telangana Special Chief Secretary BP Acharya urges policyholders to seek its help for insurance disputes
Insurers to provide details of basic features of policy
New Delhi Insurance companies will have to provide basic features of a policy like sum assured, what the policy covers as well as exclusions, and...
Getting IRDAI nod for business insurance is a timely booster for...
The license allows the company to actively market its range of insurance products and platforms tailored specifically to the needs of businesses...
IRDAI’s denial raises doubts over funding sources
Hinduja Group-led IIHL proposed to raise funds for Reliance Capital acquisition by pledging shares of Reliance General Insurance (RGIC) and Reliance...
India poised to become 6th largest insurance market: TATA AIG General...
Says there is a need to design products and processes for the majority of genuine insureds, rather than focusing on the remaining minority with...