IRDAI asks insurers to share status of claims with policyholders
Apr 11, 2019

In order to ensure fair and transparent claim settlement procedures, the Insurance Regulatory and Development Authority of India (I

IRDAI mulls offering installment mode of insurance claim settlement for certain policies
Apr 08, 2019

The Insurance Regulatory and Development Authority of India (IRDAI) is mulling giving policy holders an option to receive payment o

IRDAI asks insurers to provide crop insurance claim details in vernacular languages
Mar 26, 2019

Insurance regulator, IRDAI has said the general insurers will have to provide details about crop insurance claims to farmers in ver

Life insurance industry witnesses rise of 33% in new premium income in February
Mar 15, 2019

India’s life insurance industry witnessed a rise of 32.7 percent in its collective new premium income at Rs 18,209.50 crore in Febr

IRDAI’s committee suggests host of steps for speedy settlement of insurance claims
Mar 11, 2019

The committee, set up by insurance regulator IRDAI, has suggested modifications in the norms for surveyors and loss assessors in or

IRDAI, NHA form working group to strengthen health insurance ecosystem in country
Mar 08, 2019

In a bid to strengthen the health insurance ecosystem in the country, the Insurance Regulatory and Development Authority of India (

IRDAI to allow testing of insurance products, services for six months
Mar 06, 2019

The Insurance Regulatory and Development Authority of India (IRDAI) will allow testing of relevant products and services under the

New premium collection for private life insurers grows 23% in April-January
Feb 14, 2019

The new business premium collection of private life insurance companies grew 22.92% year-on-year (Y-o-Y) to Rs 53,645.06 crore in t

Postal department to spin off life insurance into SBU
Jan 31, 2019

Communications Minister Manoj Sinha has said that the postal department is planning to spin off the operations of postal life insur

IRDAI set up panel to identify SII
Jan 24, 2019

The Insurance Regulatory and Development Authority of India (IRDAI) has set up a panel to identity domestically systemically import

Life insurers’ first-year premium collection rises 2.41% in April-December of FY19
Jan 17, 2019

Life insurers witnessed a marginal growth of 2.41 percent in the first-year business premium collection during the period of April-

New business premium collection by life insurance industry grows 2.41% to Rs 1,41,584 crore in December
Jan 14, 2019

The Life Insurance Council in its latest report said that New business premium collection by the life insurance industry has grown

LIC’s market share comes down to 69.36% in FY18: IRDAI
Jan 14, 2019

The market share of state-owned Life Insurance Corporation (LIC) has come down to below 70% in the financial year 2017-18 (FY18). T

IRCTC offers free travel insurance for air passengers
Jan 10, 2019

The Indian Railway Catering and Tourism Corporation (IRCTC), the catering and tourism arm of the railways, will offer free-of-cost

Gross premium of non-life insurance firms increases 26.5% in November
Dec 27, 2018

Non-life insurance companies’ total premium collection rose by 26.5% to Rs 12,551.26 crore in November 2018 from Rs 9,921.21 crore

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