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INSURANCE NEWS
Health claims rise: Combine base policy, super top-up for high coverage
Thu, Dec 05, 2024     Source : Business Standard
To combat rising health insurance expenses, an adequate sum insured is essential
INSURANCE NEWS
Insurers may get to diversify operations beyond core business
Wed, Dec 04, 2024     Source : Economic Times
The finance ministry has proposed allowing insurers to diversify operations beyond insurance business.
INSURANCE NEWS
Insurers may get to diversify operations beyond core business
Tue, Dec 03, 2024     Source : Economic Times
The finance ministry has proposed allowing insurers to diversify operations beyond insurance business.
INSURANCE NEWS
Insurance premiums may drop if GST Council decides to reduce taxes: FM
Tue, Dec 03, 2024     Source : Business Standard
Sitharaman said this while replying to the question on whether GST reduction on health insurance will be a step towards making healthcare more equitable
INSURANCE NEWS
Health Insurance: What are restoration benefits and why do they matter?
Mon, Dec 02, 2024     Source : Mint
Health insurance policies with restoration benefits offer additional coverage beyond the sum insured, crucial for families sharing a policy.
INSURANCE NEWS
IRDAI seeks road maps to Dalal Street from large insurers
Fri, Nov 29, 2024     Source : Economic Times
The Insurance Regulatory and Development Authority of India (IRDAI) is pushing as many as 10-12 large life and general insurance companies to pursue public listings in the next four to six quarters, people...
INSURANCE NEWS
Finance Ministry backs raising FDI in insurance to 100%
Fri, Nov 29, 2024     Source : Economic Times
The finance ministry on Thursday proposed 100% foreign direct investment (FDI) in insurance by removing the current limit of 74%, as well as a reduction the minimum paid-up capital that companies in the se...
INSURANCE NEWS
Insurance in India has made significant strides: General insurance CEOs
Thu, Nov 28, 2024     Source : Business Standard
The panel discuss the 'many challenges' they face in general insurance sector and gave their views on the road ahead for the industry
INSURANCE NEWS
Insurance Amendment Act to boost growth, promote inclusion: Insurance CEOs
Thu, Nov 28, 2024     Source : Business Standard
The insurance leaders discussed the future of insurance sector in India
INSURANCE NEWS
Big insurance overhaul: Draft ready, new India cover story awaits green light
Wed, Nov 27, 2024     Source : Economic Times
The Insurance Amendment Bill, which proposes 100% foreign direct investment in the sector among other liberalisation measures, will be introduced after a nod from the highest level, people aware of the dev...
INSURANCE NEWS
Govt collects Rs 16,398 crore GST on health, life insurance in FY24: FinMin
Tue, Nov 26, 2024     Source : Business Standard
This comes amid demands from stakeholders, including states, to reduce GST rates on health and life insurance premiums
INSURANCE NEWS
Beating insurance mis-selling by banks: Use e-banking, reduce branch visits
Tue, Nov 26, 2024     Source : Business Standard
Echoing her views, Debasish Panda, chairman of the Insurance Regulatory and Development Authority of India (IRDAI), also underscored growing concerns regarding banks mis-selling insurance products
INSURANCE NEWS
HDFC Life hit by data breach incident, launches probe
Tue, Nov 26, 2024     Source : Financial Express
In response, HDFC Life has initiated an information security assessment and data log analysis as immediate measures.
INSURANCE NEWS
India’s insurance reforms: A bold transformation, but not without challenges
Mon, Nov 25, 2024     Source : Mint
India's insurance industry stands on the brink of revolution as the govt proposes allowing 100% foreign direct investment, wthi coul tranfrom the sector.
INSURANCE NEWS
Demand for super top-up health insurance plans rises after Covid pandemic
Mon, Nov 25, 2024     Source : Business Standard
A super top-up health insurance plan pays the policyholder for medical expenses that exceed the coverage limit of their base health insurance policy
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