INSURANCE
Life insurers’ first-year premium collection rises 2.41% in April-December of FY19
Jan 17, 2019

Life insurers witnessed a marginal growth of 2.41 percent in the first-year business premium collection during the period of April-

INSURANCE
New business premium collection by life insurance industry grows 2.41% to Rs 1,41,584 crore in December
Jan 14, 2019

The Life Insurance Council in its latest report said that New business premium collection by the life insurance industry has grown

INSURANCE
LIC’s market share comes down to 69.36% in FY18: IRDAI
Jan 14, 2019

The market share of state-owned Life Insurance Corporation (LIC) has come down to below 70% in the financial year 2017-18 (FY18). T

INSURANCE
IRCTC offers free travel insurance for air passengers
Jan 10, 2019

The Indian Railway Catering and Tourism Corporation (IRCTC), the catering and tourism arm of the railways, will offer free-of-cost

INSURANCE
Gross premium of non-life insurance firms increases 26.5% in November
Dec 27, 2018

Non-life insurance companies’ total premium collection rose by 26.5% to Rs 12,551.26 crore in November 2018 from Rs 9,921.21 crore

INSURANCE
IRDAI allows single accident cover for multiple vehicles
Dec 13, 2018

Effective from January 1, 2019 customers will not have to purchase separate compulsory personal accident (CPA) cover for each

INSURANCE
IRDAI proposes to relax registration norms for IMFs
Dec 04, 2018

With an aim to improve penetration of insurance products in the country, Insurance Regulator IRDAI has proposed to relax norms for

INSURANCE
IRDAI panel recommends diseases after health policy purchase should be covered
Nov 06, 2018

As per recommendations of a panel set up by Insurance Regulatory and Development Authority of India (IRDAI), Chronic diseases like

INSURANCE
Life insurers' new premium income down 16% in September
Oct 15, 2018

In September 2018, Life insurers' premium income from new business fell to Rs 17,490.68 crore from Rs 20,892.07 crore in September

INSURANCE
IRDAI in favour of allowing 100% FDI in insurance intermediaries
Oct 11, 2018

The Insurance Regulatory and Development Authority of India (IRDAI) is in the favour of allowing 100% Foreign Direct Investment (FD

INSURANCE
IRDAI allows distribution of all micro-insurance products through PoS
Oct 01, 2018

With an aim to further increase insurance penetration in the country, Insurance regulator IRDAI has allowed distribution of all mic

INSURANCE
IRDAI in process of migrating to RBC regime
Sep 12, 2018

Insurance Regulatory and Development Authority of India (IRDAI) has said it is in the process of moving towards the risk-based capi

INSURANCE
Insurance industry to hit $280 billion by FY20: Assocham
Sep 11, 2018

The Indian insurance industry is expected to grow to $280 billion by FY2019-20 aided by the government's flagship Ayushman Bharat a

INSURANCE
IRDAI ask insurers to grant 60-days grace period for health insurance premium payment
Sep 06, 2018

The Insurance Regulatory and Development Authority of India (IRDAI) has asked insurers to provide 60-days grace period for payment

INSURANCE
Gross premium of non-life insurance firms increases 20% in July
Aug 23, 2018

The gross direct premium of non-life insurance companies rose to Rs 11,714.87 crore in July 2018, from Rs 9,790.07 crore in the sam

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