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12 Jun 2019

Emerging Trends in General Insurance – India 2019

2018 proved to be an interesting year for the insurance industry with various developments.

15 May 2019

Indian insurance industry is going digital; are you following?

Insurance as an industry is currently at the helm of a disruptive technological revolution.

Health insurance

06 Dec 2015

Irdai to launch portal for health insurance plans information

The portal will be having all the information like treatment facility, cost of treatment and cost of claims among others.

07 Aug 2015

Sun Life eyes bigger stake in India insurance venture: CEO

Birla Sun Life is a joint venture with Indian conglomerate Aditya Birla Group and is one of India’s biggest insurance companies.

India financial services sector

16 Jun 2015

'India, US must increase cooperation in financial services sector'

India's financial services sector offers huge opportunities to US companies and both the nations must increase cooperation in areas, including, infrastructure financing, insurance, pension and corporate bond market, a Ficci report said on Tuesday.

Religare Enterprises

12 May 2015

Religare to exit life insurance; Aegon to hike stake to 49%

Financial Services firm Religare Enterprises on Tuesday said will exit Aegon Religare Life Insurance Company by selling its stake to existing partner Bennett, Coleman and Company Ltd of the Netherlands.

09 May 2015

India Inc hails PM's social security initiatives

The schemes are expected to address the issue of very low coverage of life or accident insurance and old age income in the country.

08 May 2015

PM to launch 3 mega social security schemes tomorrow

After Jan Dhan, Prime Minister Narendra Modi will launch tomorrow three mega social security initiatives -- one pension and two insurance schemes.

Online purchase

07 May 2015

'Online buying of non-life insurance schemes rising in India'

Online purchase of non-life insurance policies in the country is on a rise, while motor insurance attracts the maximum number of customers, a study said on Thursday.

27 Apr 2015

IRDA imposes Rs 60 lakh penalty on United India Insurance

Insurance regulator IRDA Monday imposed a penalty of Rs 60 lakh on state-owned United India Insurance Company Ltd for violation of various regulatory provisions.

10 Mar 2015

Insurance penetration in India at 3.9%, below world average

Insurance penetration in India at 3.9 percent was below the world average of 6.3 percent in 2013, Parliament was informed Tuesday.

20 Oct 2014

Insurance Bill to be taken up in Winter Session: FinMin

The long pending Insurance Bill, which seeks to raise FDI cap in the sector to 49 percent, is expected to be taken up in the forthcoming Winter Session of Parliament.

26 Sep 2014

IRDA to make suggestions on insurance bill

IRDA would make suggestions vis--vis the proposed insurance bill to cover different areas like health insurance and e-commerce.

12 Sep 2014

LIC, other insurers made presentations before Par select panel

Moving expeditiously on the controversial Insurance Bill, Parliament select committee today heard views of LIC and other public sector insurers, and decided to meet every Friday to fastrack the scrutiny report.

14 Aug 2014

Govt launches insurance + pension scheme for senior citizens

Finance Minister Arun Jaitley on Thursday relaunched an insurance scheme for senior citizens that will provide monthly pension ranging from Rs 500 to Rs 5,000.

05 Aug 2014

PM faces early resistance in insurance reform push

Jaitley needs the support of the opposition in the 250-member upper house of parliament where his Bharatiya Janata Party (BJP) and its allies have about 60 members.

18 Jul 2014

Insurance cos to get much-needed capital from higher FDI: Singh

Welcoming the government's proposal to hike FDI ceiling in insurance sector to 49 percent, Fortis Healthcare Executive Chairman Malvinder Mohan Singh on Friday said the move would help insurance firms attract much-needed capital from overseas partners.

18 Jul 2014

Raising FDI cap in insurance will spur growth: Irda

Raising FDI cap in the insurance sector will spur growth in this industry, ensuring entry of more players, Insurance Regulatory and Development Authority said on Friday.

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