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News
general insurance
General insurance News
Health insurance
27 Jan 2024
Pick Any Hospital For Treatment With New Game-Changer Health Insurance Rule
This new norm came into effect starting January 25. The Cashless Everywhere offers policyholders the flexibility to select any hospital for their treatment. The initiative is launched by the General Insurance Council.
PhonePe
18 Jul 2023
PhonePe Launches Health Insurance Platform With Monthly Subscriptions
These health insurance plans, which come with coverage up to Rs 1 crore, allow users to choose any hospital room without any cap/limit.
insurance
14 Jul 2023
6 Tips For Avoiding Claim Rejection And Resolving Disputes In Health Insurance
By being proactive and well-informed, consumers can protect their rights as policyholders and ensure smooth healthcare financing through their health insurance coverage.
insurance
11 Jan 2023
Five trends that will shape the life insurance industry in 2023
Casparus J H Kromhout, MD & CEO, Shriram Life Insurance has spoken elaborately with Reema Sharma of Zee Media regarding Five trends that will shape the life insurance industry in 2023
insurance agents
12 Sep 2022
Customers will get agent portability option soon, check details
Policyholders will get an option of agent portability soon. IRDAI is going to change the existing rule. Customers can change agents through the insurance exchange.
Business
31 Aug 2022
THESE 7 changes to impact your finances from Sept 1: See list
ICICI Lombard
28 Aug 2022
ICICI Lombard General Insurance Co launched 14 products; Check details
ICICI Lombard has launched 14 products for customers. They cover across health, motor, and corporate insurance segments. They offers riders, add-ons, and upgrades on existing policies.
Third Party Motor Insurance
06 Mar 2022
Centre proposes hike in third-party motor insurance premiums
Taxi, truck and bus owners will have to loosen their purse strings for buying third-party motor insurance. The government also proposed a discount of 15 per cent on the insurance premium for electric vehicles (EVs). Hybrid electric vehicle owners can also avail of a 7.5 per cent discount on the purchase of third-party motor insurance.
Third Party Motor Insurance
12 Jan 2022
Third-party motor insurance premiums could hike in 2022: Report
Insurance firms have sent a proposal to the Insurance and Regulatory Development Authority of India. Insurance companies were planning to increase the premiums of third party motor insurance before the pandemic. About 25 General Insurance firms are reportedly hoping to receive a nod from IRDAI to hike the premiums.
general insurance
20 Nov 2021
60,000 PSU workers could soon get 15% wage revision, check if you're eligible
The wage revisions for 60,000 PSU employees will take place in the year 2021. This means that the announcement will be made soon in the coming days. Wage revision usually takes place once in five years.
general insurance
30 Jul 2021
Bill to amend general insurance law introduced in Lok Sabha
Introducing the General Insurance Business (Nationalisation) Amendment Bill, 2021, Sitharaman said its passage will help generate required resources from the Indian markets so that public sector general insurers can design innovative products.
Insurance Regulatory and Development Authority of India
06 Apr 2021
New IRDAI rules for designing, pricing of general insurance products
New product filing guidelines. Companies to justify the pricing of the policy. New guidelines to protect the interests of policy holders.
IRDAI
26 Feb 2021
Insurers to offer standard personal accident cover of upto Rs 1 cr from Apr 1
Standard personal accident insurance product. Product name Saral Suraksha Bima. Minimum sum assured of Rs 2.5 lakh.
general insurance
06 Sep 2019
Centre to infuse Rs 12,000 crore in state general insurance firms
The Budget had provisioned Rs 70,000 crore for PSB recapitalisation and last week a Rs 55,250-crore infusion was announced in several PSBs for regulatory and growth requirements.
general insurance
12 Jun 2019
Emerging Trends in General Insurance – India 2019
2018 proved to be an interesting year for the insurance industry with various developments.
Life insurance
16 Mar 2018
What are the key differences between Life and General Insurance?
When it comes to insurance policies, the options are countless due to which it can get confusing to know which ones to opt for.
general insurance
13 Oct 2017
General Insurance IPO oversubscribed 1.37 times on last day
The category reserved for qualified institutional buyers (QIBs) was oversubscribed 2.25 times, non institutional investors 22 percent and retail investors 60 percent, merchant banking sources said.
Tokio Marine
07 Jul 2017
Tokio Marine raises stake in IFFCO-Tokio to 49%
The deal values the company at Rs 11,000 crore and Tokio Marine paid Rs 2,530 crore for 23 percent stake.
general insurance
31 Mar 2017
Car, motorcycle and health insurance will cost more from tomorrow
Car, motorcycle and health insurance will cost more from April 1 with regulator Irdai giving go-ahead.
general insurance
27 Mar 2017
Premium of Cars, Bikes and health insurance to be increased from April
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