Insurers can respond to covid-19 by relaxing norms on claims and processes
Mon, Mar 30, 2020     Source : Mint
Many insurers have responded to the Covid-19 pandemic by introducing specific coronavirus products.
Covid-19 outbreak: Insurers facilitate telemedical check-ups for policy buyers
Sat, Mar 28, 2020     Source : Economic Times
With the country under lockdown to slow the spread of Covid-19 outbreak, insurers such as HDFC Ergo, Religare, Max Bupa, Tata AIA along with intermediaries such as Policybazaar have ramped up these remote ...
Good news! Motor third-party insurance premium to remain same till further notice
Sat, Mar 28, 2020     Source : Financial Express
All insurers will continue to charge the premium rates currently being charged for Motor Third Party Cover from 1st April 2020 onwards until further orders.
Standard Life Aberdeen offloads 2.5% stake in HDFC Life Insurance
Sat, Mar 28, 2020     Source : Business Standard
The UK-based firm sold shares offloaded 50 million shares at Rs 441.2 apiece to raise Rs 2,200 crore.
Future Generali will offer coronavirus group insurance cover
Fri, Mar 27, 2020     Source : Economic Times
"The policy will provide a lump-sum benefit in case the insured is diagnosed or quarantined for a suspected sign, symptoms or infection of COVID-19 and covers everyone from an infant who is 1-day old to a ...
COVID-19 effect: Insurers roll out Coronavirus covers
Fri, Mar 27, 2020     Source : Financial Express
If the policyholder is diagnosed with COVID-19 infection and is confirmed by a medical practitioner along with government/ a WHO-approved lab then a lump sum benefit of 100% of sum insured would be paid.
Top insurance cover with protective gear for health workers: Experts
Fri, Mar 27, 2020     Source : Business Line
The Centre should not only be providing insurance cover of ?50 lakh each to health workers fighting Covid-19 in government hospitals and healthcare centres, but also top it with the provision of adequate p...
Star Health's coronavirus insurance policy: No travel history exclusions but low sum assured
Fri, Mar 27, 2020     Source : Economic Times
The policy, Star Novel Coronavirus, will even cover those with international travel history. However, the sum assured of Rs 42, 000, that the insurance cover offers appears low, especially for someone who ...
Non-life insurers register 14% premium collection growth in Apr-Feb FY20
Thu, Mar 26, 2020     Source : Business Standard
The crop insurance segment has seen negative growth for the private insurers as many have stopped underwriting crop insurance policies
LIC in the time of coronavirus: A question mark now on the mega IPO
Wed, Mar 25, 2020     Source : Business Standard
The listing of LIC is being thought when it is still a pre-dominant player in the sector.
Medical insurance covers see 42% growth in Feb
Wed, Mar 25, 2020     Source : Economic Times
Future Generali India Insurance, COO, Shreeraj Deshpande said, “On retail heath premium underwritten, we have seen about 24% growth in February, which has gone up to 29% in March.
IRDAI directs insurers to conduct board meetings only via video-conferencing till end June
Tue, Mar 24, 2020     Source : Economic Times
While life insurers who as it is could provide customers with a ‘grace period’ for premium payments can now provide 30 additional days for relaxation in dues, whereas for health policy holders a delay in p...
Policyholders get an extension on insurance premiums due in March
Tue, Mar 24, 2020     Source : Mint
The regulator has asked life insurance companies to allow a one month extension on premiums due in the month of March 2020
Edelweiss General Insurance to cover quarantined patients under policy cover of coronavirus
Tue, Mar 24, 2020     Source : Economic Times
"We have decided to cover hospitalization for not only those who have a confirmed diagnosis but also those who have been quarantined in specific facilities identified by the government," the insurer said.
LIC declares relaxation for premium payments
Mon, Mar 23, 2020     Source : Economic Times
"In view of prevailing extraordinary circumstances in the country on account of Covid-19, LIC will give relaxation to its policyholders in payment of premiums due on inforce policies up to April 15, 2020, ...
Will Midcaps outperform Large caps in 2020?
Feb 17 , 2020
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