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INSURANCE NEWS
New India Assurance settles insider trading norms violation case with Sebi
Sat, Jan 25, 2020     Source : Business Standard
The move comes after the insurer filed an application proposing to settle
INSURANCE NEWS
Reliance General launches a comprehensive health insurance plan with additional benefits
Sat, Jan 25, 2020     Source : Financial Express
With this policy, policyholders will be able to more focus on their critical treatment, rather than worry about which room to choose against their insurance coverage
INSURANCE NEWS
SBI Life flexes its market leader muscle in growth but not profitability
Fri, Jan 24, 2020     Source : Mint
In an under-penetrated market such as India, the mettle of a life insurer is known by how fast it can push its products.
INSURANCE NEWS
LIC's exposure to default debt instruments tops Rs 20,000 crore
Thu, Jan 23, 2020     Source : Business Standard
The exposure, which is for the period ended September 2019, is across various platforms such as life funds, pension funds, and unit-linked funds.
INSURANCE NEWS
Does your health insurance cover a coronavirus-like condition?
Thu, Jan 23, 2020     Source : Mint
Over 440 cases of Wuhan coronavirus have been confirmed in mainland China and according to news reports, the death toll has now risen to at least nine in the country.
INSURANCE NEWS
Insurance covers that protect cos from cyber attacks, data thefts & frauds
Thu, Jan 23, 2020     Source : Business Standard
Post the ransomware attacks of 2017, the demand for cyber insurance from the manufacturing sector has been on the rise," said Sanjay Kedia, CEO Marsh India Insurance Brokers
INSURANCE NEWS
Slowing Indian economy weighs on insurance and reinsurance sectors: Moody’s
Wed, Jan 22, 2020     Source : Mint
Slowing Indian economy will weight on insurance premium growth over the next two-three years, Moody’s Investor Service said on Tuesday.
INSURANCE NEWS
Fairfax-backed Digit Insurance gets IRDAI nod to raise $84 mn
Wed, Jan 22, 2020     Source : Economic Times
Fairfax Group-backed general insurance start-up Digit Insurance on Tuesday said it has received approval from the Insurance Regulatory and Development Authority of India (Irdai) to raise USD 84 million (ab...
INSURANCE NEWS
Irdai decides to defer implementation of IndAS in insurance sector
Wed, Jan 22, 2020     Source : Business Standard
The regulator had planned to implement IndAS 117, which is an equivalent of IFRS 17, and IndAS 109 from April 1 onwards, but the IASB decided to amend IFRS 1
INSURANCE NEWS
Govt looking at separate investment window for life insurance policies
Wed, Jan 22, 2020     Source : Business Line
Budget 2020-21 may also review the ?1.5-lakh limit under Section 80C
INSURANCE NEWS
How to decide life insurance policy term
Tue, Jan 21, 2020     Source : Economic Times
You must ensure that you maximise the amount that you contribute towards building your retirement corpus.
INSURANCE NEWS
Edelweiss Tokio Life Wealth Secure+: A new ULIP with greater flexibility
Tue, Jan 21, 2020     Source : Business Line
From type of cover to death and maturity benefits, and investment strategy, the product offers a gamut of choices
INSURANCE NEWS
General Insurance: Motor third party premium growth falls
Mon, Jan 20, 2020     Source : Financial Express
Premium collections growth of general insurers down to 6% in December.
INSURANCE NEWS
With this policy, damage to your own vehicle will not be covered; Be aware!
Sat, Jan 18, 2020     Source : Financial Express
Similar to damage of the policyholder's car, any injuries sustained by the policyholder during an accident are excluded under this motor insurance policy.
INSURANCE NEWS
Insurance brokers must expand business into smaller cities and rural areas: IRDAI Chairman
Sat, Jan 18, 2020     Source : Business Line
The insurance broking industry must deepen its business presence in smaller cities and rural areas and not confine themselves to larger metros and cities, said IRDAI Chairman Subhash Chandra Khuntia.
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