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Life insurance companies clock a 25.28% drop in premiums, shows data
Fri, Dec 08, 2023     Source : Business Standard
Among the private insurance companies, SBI Life Insurance, the largest private insurer, reported a 9.84 per cent decline in premiums to Rs 2,381.73 crore
INSURANCE NEWS
Aditya Birla Insurance Brokers' senior execs quit over Samara Capital deal
Fri, Dec 08, 2023     Source : Economic Times
Samara Capital's proposed takeover of Aditya Birla Insurance Brokers (ABIBL) has stoked a leadership mutiny rather unprecedented in India's corporate history, with the incumbent CEO and his closest aides q...
INSURANCE NEWS
Premiums of non-life insurance companies rise 7.37% in November 2023
Fri, Dec 08, 2023     Source : Business Standard
The near 17 per cent fall in the premium of National Insurance Company dragged the overall premium of public sector units
INSURANCE NEWS
How to surrender a policy? What can be the triggers and how much will you lose?
Thu, Dec 07, 2023     Source : Economic Times
Mahavir Chopra, Founder, Beshak.org, says “typically this is a case where people are unaware of the terms and conditions when they buy the policy and later on they come to know that probably by talking to ...
INSURANCE NEWS
ICICI Prudential Life Insurance set to incorporate Bima Sugam entity
Wed, Dec 06, 2023     Source : Business Standard
The Bima Trinity comprises Bima Vistaar, Bima Vahak, and Bima Sugam
INSURANCE NEWS
LIC fourth largest insurer in the world based on reserves: S&P Global study
Wed, Dec 06, 2023     Source : Business Standard
The state-owned insurer is ranked after Allianz SE, China Life Insurance Company and Nippon Life Insurance Company
INSURANCE NEWS
Aditya Birla Sun Life Insurance unveils Salaried Term Plan
Wed, Dec 06, 2023     Source : Mint
Aditya Birla Sun Life Insurance Company Limited (ABSLI), the life insurance arm of Aditya Birla Capital, has introduced the “ABSLI Salaried Term Plan".
INSURANCE NEWS
Safeguard your home with property or term insurance policy
Mon, Dec 04, 2023     Source : Financial Express
While both term insurance and home loan protection plan are aimed at covering your home loan, they are different in several ways.
INSURANCE NEWS
How does third-party car insurance help?
Mon, Dec 04, 2023     Source : Mint
How does third-party car insurance help? I have motor insurance, but it’s only third-party coverage. Will it cover damages in case of accidents or pile-ups on highways due to smog?
INSURANCE NEWS
New India plans annual hikes for health insurance premiums
Sat, Dec 02, 2023     Source : Economic Times
New India Assurance, having surged 50% in the past five trading sessions, has opted for an annual revision of health insurance premiums, moving away from the previous practice of increasing tariffs every t...
INSURANCE NEWS
Aditya Birla Health launches product 'Activ One' with 100% returns
Sat, Dec 02, 2023     Source : Business Standard
Funds earned on Health Returns can be used for payment of renewal premium and other non-medical expenses, out-patient expenses, etc
INSURANCE NEWS
Irdai ups scrutiny of broking deals, approvals take longer
Thu, Nov 30, 2023     Source : Economic Times
The Insurance Regulatory and Development Authority of India (Irdai) has increased scrutiny on the ultimate beneficiaries in the transfer of shares within the insurance broking sector.
INSURANCE NEWS
LIC launches new 'Jeevan Utsav' plan with lifetime guaranteed returns
Thu, Nov 30, 2023     Source : Business Standard
The plan offers the choice to choose between two payout options - regular income and flexi-income benefits
INSURANCE NEWS
Tata AIG introduces ‘Health Supercharge’ offering enhanced coverage for overall well-being
Wed, Nov 29, 2023     Source : Mint
TATA AIG General Insurance Company introduced “Health Supercharge" with the aim of offering a fivefold enhancement in health insurance coverage,
INSURANCE NEWS
Want guaranteed long-term returns? Consider non-par insurance plans
Wed, Nov 29, 2023     Source : Business Standard
Get an expert to calculate internal rate of return; ensure premium doesn't exceed Rs 5 lakh annually for tax-free return
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