The insurance sector, which mobilised a whopping Rs 7 lakh crore as premium income in FY25, is a key player in the country’s ...

To address these concerns, regulatory bodies such as the Insurance Regulatory and Development Authority (IRDAI) and the ...

Insurers assess life cover eligibility using the Human Life Value formula. Failing to disclose existing policies can lead to ...

Under the current system, for an insurance policy with an annual premium of ₹1,000, a bank earns an 18% commission, or ₹180, ...

In a landmark verdict, the Jharkhand High Court ruled that insurers cannot reject claims solely for incorrect policy details, ...

The AIF industry has urged Sebi to coordinate with RBI, IRDAI, and PFRDA to resolve policy friction and support domestic ...

The Insurance Regulatory and Development Authority of India (IRDAI) has proposed changes in the bancassurance model.

With commissions that non-life and health insurance companies earn on ceding a mandatory portion of their business to state owned reinsurer GIC RE (referred to as obligatory cession), insurers ...

IRDAI's 2023-24 handbook on Indian insurance statistics reveals the claim settlement performance of all Indian insurers. Navi ...

Star Health and Allied Insurance Company has announced the appointment of Rajeev Kher, Independent Director, as the ...

MDs and CEOs from public and private sector banks, as well as insurance firms, and key officials from the Department of ...

Promoter Bupa increasing its stake in Niva Bupa would depend on liquidity conditions, he said. "We’ll continue to look for ...