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INSURANCE NEWS
Regulator seen nudging insurance cos to list
Mon, Oct 07, 2024     Source : Economic Times
The Insurance Regulatory and Development Authority of India (Irdai) is nudging insurers to go public.
INSURANCE NEWS
Star Health Special Care Gold Policy: From eligibility to benefits
Fri, Oct 04, 2024     Source : Mint
Star Health Insurance introduces the Special Care Gold Policy for individuals with disabilities and HIV/AIDS, aligning with the 2016 Rights of Persons with Disabilities Act.
INSURANCE NEWS
LIC eyes less than 50% stake in standalone health insurance company
Fri, Oct 04, 2024     Source : Business Standard
State-owned insurer doesn't want operational control but wants to have a say in the management
INSURANCE NEWS
Govt’s free healthcare scheme welcomes the elderly. But can they rely on it?
Thu, Oct 03, 2024     Source : Mint
The goverment recently expanded the scope of its free public health insurance scheme
INSURANCE NEWS
Surrender value norms: Life insurers begin rolling out revised bestsellers
Tue, Oct 01, 2024     Source : Business Standard
Most major life insurance companies have products in excess of 30. It was becoming difficult for the companies to revise all their products, in accordance with regulations by the deadline
INSURANCE NEWS
Premium may rise, agent commission could decline as revised surrender value kicks in from Tuesday
Tue, Oct 01, 2024     Source : Economic Times
Insurance premiums may increase or the commission of agents could see a reduction as the revised surrender value proposed by the sector regulator IRDAI comes into force from Tuesday.
INSURANCE NEWS
Government to launch revamped Vatsalya Mission portal for integrated child protection services: Official
Mon, Sep 30, 2024     Source : Economic Times
The Ministry of Women and Child Development is set to launch a revamped portal under the Vatsalya Mission that will integrate various child protection services currently spread across multiple platforms.
INSURANCE NEWS
Insurance companies enhance tech spending to meet evolving customer needs
Mon, Sep 30, 2024     Source : Business Standard
Companies' tech spending sees marked rise to meet evolving consumer demands
INSURANCE NEWS
Buying health plan in India can help NRIs during visits here
Sat, Sep 28, 2024     Source : Financial Express
If payments are made through an NRE account, NRIs can avail of GST exemptions by submitting an exemption form to their insurance provider.
INSURANCE NEWS
Health, life insurance premiums need a tax cut? GoM to meet on October 19
Fri, Sep 27, 2024     Source : Economic Times
The ministerial panel to decide on lowering goods and services tax (GST) on health and life insurance premiums will have its first meeting on October 19, officials said. Currently, 18 per cent GST is levie...
INSURANCE NEWS
Bandhan Life starts business, rolls out new insurance plans
Fri, Sep 27, 2024     Source : Economic Times
Kolkata: Bandhan Life, formerly Aegon Life Insurance, has commenced business in its new avatar with two offerings - a guaranteed savings plan and a unit-linked plan, managing director Satishwar B announced...
INSURANCE NEWS
Life insurance firms to discuss norms on surrender value on Sept 27 meeting
Thu, Sep 26, 2024     Source : Business Standard
The life insurance companies, through the council, had sought a three-month extension from Irdai on implementing the new norms
INSURANCE NEWS
Average health insurance claims size rises 11.35% YoY in FY24: ACKO Report
Thu, Sep 26, 2024     Source : Business Standard
According to the report, men on an average claimed Rs 77,543 while women claimed Rs 69,553 (without maternity)
INSURANCE NEWS
Retain costly health policy or use PMJAY coverage? Seniors have a tough choice
Thu, Sep 26, 2024     Source : Economic Times
Mumbai: When SK Shah, a 70-year-old retiree, got an alert that his health insurance policy was due for renewal this month, he grappled with a common dilemma
INSURANCE NEWS
Tata AIA Life Insurance launches Nifty Alpha 50 Index Fund
Wed, Sep 25, 2024     Source : Economic Times
Tata AIA Life Insurance has launched Tata AIA NIFTY Alpha 50 Index Fund, an open-ended New Fund Offering (NFO) with an alpha investing strategy to benefit from potential growth while securing their loved o...
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