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INSURANCE NEWS
57% of women purchased policy in last one year: Survey
Sat, Mar 06, 2021     Source : Mint
Women have been among the worst affected by the coronavirus pandemic, given rapid and sudden changes in work life and at home.
INSURANCE NEWS
FDI hike in insurance sector likely to see mixed response, say experts
Sat, Mar 06, 2021     Source : Business Standard
No fresh capital will come in, unless the foreign partner decides to infuse funds after raising its stake.
INSURANCE NEWS
Covid-19 has re-emphasized the relevance of insurance in a woman’s life
Fri, Mar 05, 2021     Source : Mint
As a woman, you play different roles and handle many responsibilities.
INSURANCE NEWS
Finance ministry cracks the whip on insurance companies for ignoring MSMEs
Fri, Mar 05, 2021     Source : Business Standard
Reluctant insurers have failed to offer the cover especially curated by the ministry following the UK Sinha panel's recommendations
INSURANCE NEWS
SBI Life’s optimism to get tested in FY22 as LIC’s IPO looms large
Thu, Mar 04, 2021     Source : Mint
India’s private life insurance firms have managed to weather the pandemic, making good the loss of business during the lockdown.
INSURANCE NEWS
LTC benefit on life insurance: Confusion prevails over GST rate
Thu, Mar 04, 2021     Source : Financial Express
With the confusion prevailing over the effective GST rate on life insurance premium, accounts departments are refusing to allow the premium as eligible benefit under the LTC Scheme.
INSURANCE NEWS
Digitalization helped maintain persistency levels of insurance policies
Thu, Mar 04, 2021     Source : Mint
Uncertainties around life and money have prompted people to opt for life insurance policies offering financial security amid the covid-19 outbreak.
INSURANCE NEWS
Insurance: Now file your complaints electronically to Ombudsman
Thu, Mar 04, 2021     Source : Business Line
New amendment rules provides for a complaints management system to track status of complaints online
INSURANCE NEWS
Policybazaar gets UK investor before IPO
Wed, Mar 03, 2021     Source : Mint
UK fund manager Bay Capital has come in as a pre-initial public offer (IPO) investor in PB Fintech Pvt.Ltd,
INSURANCE NEWS
IRDAI directs insurers to periodically notify health insurance policyholders
Wed, Mar 03, 2021     Source : Financial Express
In order to ensure flow of relevant information to policyholders, IRDAI has specified certain norms to be followed by insurers.
INSURANCE NEWS
RBI restricting banks from raising stakes in insurance firms: Report
Wed, Mar 03, 2021     Source : Business Standard
The RBI wants banks to focus on their main areas of business instead of locking away capital in non-core sectors
INSURANCE NEWS
Some Insurance principles that may impact you
Wed, Mar 03, 2021     Source : Mint
People often reach out when they are unable to buy insurance or if their claims are rejected
INSURANCE NEWS
Life insurance offered by employer a major factor when choosing a job: survey
Tue, Mar 02, 2021     Source : Mint
Majority of urban salaried professionals feel that life insurance policy offered by an employer is an important factor in deciding on taking up a job with a company, with many of the view that employers sh...
INSURANCE NEWS
Regulator IRDA plans to permit insurers to invest in InvIT, REIT bonds
Tue, Mar 02, 2021     Source : Economic Times
The Insurance Regulatory and Development Authority (IRDA) is planning to allow insurance companies to invest in the debt securities issued by any pooled investment vehicles, including infrastructure and re...
INSURANCE NEWS
SBI General forges bancassurance tie-up with Indian Overseas Bank
Tue, Mar 02, 2021     Source : Mint
SBI General Insurance on Monday said it has tied-up with Indian Overseas Bank (IOB) for a bancassurance partnership for selling its non-life products.
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