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INSURANCE NEWS
ULIP: Tax advantages of Unit Linked Insurance Plans
Sat, Sep 19, 2020     Source : Financial Express
Traditional life insurance policies offer a reasonable return with bonus accruals along with the maturity amount.
INSURANCE NEWS
Looking for insurance policies? Consider ones that waive health check-ups
Sat, Sep 19, 2020     Source : Business Standard
Those with pre-existing conditions should opt for ones that require medical screening
INSURANCE NEWS
New solvency norms for insurers on cards
Fri, Sep 18, 2020     Source : Mint
India’s insurance regulator plans to prescribe risk-based solvency requirements and greater equity capital to ensure insurers have sufficient capital adequacy to withstand socioeconomic shocks such as the ...
INSURANCE NEWS
Irdai to take decision on extending tenure of COVID-19 related products: Chairman
Fri, Sep 18, 2020     Source : Economic Times
Regulator Irdai is mulling over a plan to allow the tenure extension of COVID-19 specific insurance products as the vaccine for the disease is seemingly away by some more time, its chairman Subhash C Khunt...
INSURANCE NEWS
Life insurance stocks: Investors need to pause, wait for better cues
Thu, Sep 17, 2020     Source : Business Standard
Growth challenges coupled with pricing issues and recent stock market rally doesn't bode well
INSURANCE NEWS
Choose a health insurance that works for you
Thu, Sep 17, 2020     Source : Mint
Most of us know that we need medical insurance and plan to get one, but are frozen by the way the market is set up offering choices that we do not understand.
INSURANCE NEWS
LIC made Rs 13,000 cr profit in equity till August this fiscal: MD
Thu, Sep 17, 2020     Source : Economic Times
Life Insurance Corporation of India (LICI), which is preparing for its Initial Public Offer (IPO) despite volatility in the stock market, has already made a profit of Rs 13,000 crore from its equity portfo...
INSURANCE NEWS
Covid-19 impact: Life insurers lose 4 mn policies, Rs 45,000 cr in premiums
Thu, Sep 17, 2020     Source : Business Standard
Traditionally, the second fortnight of March is the most productive period for the life insurance business as around 15-18 per cent of the entire business comes during this period
INSURANCE NEWS
Claims from Covid to increase health loss ratios in second half of this financial year: ICICI Securities
Wed, Sep 16, 2020     Source : Financial Express
Currently more and more are coming from the Covid treatments but a the non-Covid claims normalise, the health loss ratio would worsen in second half of FY21.
INSURANCE NEWS
LIC IPO may not come this year, says report
Wed, Sep 16, 2020     Source : Economic Times
The initial public offering (IPO) of LIC, which many claim is likely to be the largest ever, may not hit the primary market this year as the pre-IPO process has been delayed, a media report said.
INSURANCE NEWS
Life insurers find their mojo but experts sound cautionary note
Wed, Sep 16, 2020     Source : Business Standard
Product launches will be critical for companies to sustain the momentum this financial year, especially in the term-protection segment
INSURANCE NEWS
ICICI Lombard inks bancassurance tie up with Yes Bank
Tue, Sep 15, 2020     Source : Mint
Private sector general insurer ICICI Lombard General Insurance Company Ltd on Monday said it has entered into a bancassurance tie-up with Yes Bank for selling its insurance products.
INSURANCE NEWS
Should index-linked insurance products make a comeback?
Mon, Sep 14, 2020     Source : Mint
The Insurance Regulatory and Development Authority of India (Irdai) recently formed a committee to re-examine the need for index-linked insurance plans (Ilips), which were available in the Indian market be...
INSURANCE NEWS
Why term insurance is a must in financial planning
Mon, Sep 14, 2020     Source : Financial Express
Individuals up to the age of 40 years need a life cover equivalent to 20-30 times of their annual income
INSURANCE NEWS
Covid treatment accounted for only 11% of health insurance claims in Apr-Aug: Study
Mon, Sep 14, 2020     Source : Mint
Treatment for COVID-19 accounted for as much as 11% of the total health insurance claims paid by insurance companies during the first five months of the current financial year, says a research conducted by...
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