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INSURANCE NEWS
Health insurance industry exposed! Here’s what policyholders get from insurers against lofty promises
Mon, May 06, 2024     Source : Financial Express
The survey said that rejection of health insurance claims and cancellation of policies by insurance companies were among the top issues faced by consumers.
INSURANCE NEWS
Health Insurance Claim: 43% policyholders faced difficulties
Fri, May 03, 2024     Source : Economic Times
Many health insurance claims in India have either been rejected or approved partially in the last three years, according to a recent survey by Local Circles.
INSURANCE NEWS
New York Life Insurance to buy 49 per cent stake in two commercial projects of Max Estates
Thu, May 02, 2024     Source : Economic Times
New York Life Insurance Co. will invest a total ?388 crore to acquire 49% stake in two commercial projects of Max Estates-one each in Delhi and Noida.
INSURANCE NEWS
IRDAI nod likely soon for IIHL's buyout of Reliance Capital's three insurance arms
Thu, May 02, 2024     Source : Economic Times
The Insurance Regulatory and Development Authority of India (IRDAI) is most likely to give the go-ahead to IndusInd International Holdings Limited's acquisition of Reliance Capital's three insurance compan...
INSURANCE NEWS
Will senior citizens easily get health insurance now?
Mon, Apr 29, 2024     Source : Financial Express
The Insurance Regulatory and Development Authority of India (Irdai), has lifted the age ceiling of 65 years on buying a new health insurance policy.
INSURANCE NEWS
IRDAI move doesn’t mean age cap of 65 for buying health insurance removed
Fri, Apr 26, 2024     Source : Financial Express
Previously, health insurance regulations set a maximum-entry-age limit of 65 years, meaning insurers were required to design all health insurance plans to be accessible for individuals up to 65 years of ag...
INSURANCE NEWS
Russia reinsurer backs firms to get India marine insurance permit: Sources
Fri, Apr 26, 2024     Source : Economic Times
Russia's state-owned reinsurer has given financial backing to three Russian insurance firms, allowing them to get Indian approval to provide marine insurance cover to tankers, two sources said, as Moscow s...
INSURANCE NEWS
First-year premium of life insurers up 2 pc at Rs.3,77,960 cr in FY24: IRDAI
Wed, Apr 24, 2024     Source : Business Line
Life Insurance Corporation’s first year premium declined 4 per cent to Rs.2,22,522 crore against Rs.2,31,899 crore in the previous financial year
INSURANCE NEWS
Tata AIA Life Insurance crosses Rs 1 lakh crore in asset under management
Wed, Apr 24, 2024     Source : Economic Times
Tata AIA Life Insurance Company Ltd. has crossed Rs 1 Lakh crore in assets under management (AUM).
INSURANCE NEWS
As tensions mount in Red Sea, freight charges, insurance premiums may surge further
Tue, Apr 23, 2024     Source : Economic Times
Freight charges and insurance premia for shipping vessels plying on global routes are expected to firm up with heightened tensions between Iran and Israel.
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