IndusInd General Insurance Gets a New Captain: Sharad Mathur Named MD & CEO
NEW DELHI - IndusInd General Insurance Company Limited has a new chief executive. The insurer, formerly Reliance General Insurance and...
Insurance News
Latest insurance news from the US, Europe and India covering life, health, motor, general insurance, regulations, insurers, brokers, claims and the insurance industry.
Bandhan Group Eyeing Health Insurance Entry: Chairman Ghosh
NEW DELHI - Bandhan Group plans to look at the health insurance market, but not until the businesses it has...
Insurance Agents Ask IRDAI for Up to 35% Commission Ahead of Reform Deadline
NEW DELHI - The Life Insurance Agents’ Federation of India-1964 (LIAFI) has written to the Insurance Regulatory and Development Authority...
Wipro to Acquire 20% Stake in Insurance AI Platform FLARRE.AI for $2,000
NEW DELHI: Wipro Limited has signed a definitive agreement to acquire a 20% shareholding in FLARRE.AI, Inc., an agentic AI...
Ather Energy’s insurance arm gets IRDAI licence to sell life, general and health policies
NEW DELHI, Ather Energy: Ather Energy on October 15 said the Insurance Regulatory and Development Authority of India (IRDAI) has...
HDFC Life Q2 Profit Up 13.6% at Rs 508 Crore as Net Premium Income Grows Nearly 16%
NEW DELHI - HDFC Life Insurance Company closed the July-September quarter with a net profit of Rs 508 crore, about...
IRDAI to Examine Hospital Bills and Claim Payouts in New Consultation Paper
NEW DELHI - The Insurance Regulatory and Development Authority of India (Irdai) will issue a fresh consultation paper on healthcare...
Insurance Cover Can Double to 30% in 5 Years, Says IRDAI Chairman; Account Aggregators Seen as Key Partner
NEW DELHI - IRDAI Chairman Ajay Seth has said India can double effective insurance cover from about 15% to 30%...
India Rolls Out Two Credit Risk Insurance Policies for Shipbuilders
NEW DELHI: The Ministry of Ports, Shipping and Waterways on Tuesday announced two specialised credit risk insurance products for Indian...
LIC Launches Three New Plans: Lifetime Income, Family Hospital Cover and Cancer Protection
NEW DELHI: Life Insurance Corporation of India (LIC) on Tuesday launched three new individual plans: LIC’s New Jeevan Dhara-II (Plan...
IRDAI Ready to Allow Transition Period for Commission Caps, but Not an Indefinite Delay, Says Ajay Seth
NEW DELHI – India's insurance regulator is willing to give insurers and distributors time to adjust to proposed limits on...
IRDAI Chief Draws Parallel With 2009 Mutual Fund Reforms, Says Insurance Needs a Comprehensive Overhaul
NEW DELHI: In 2009, India's mutual fund industry went through a reset that no single rule produced. Distribution norms, market...
Canara HSBC Life Sees Limited Hit From IRDAI Commission Cuts
NEW DELHI - Canara HSBC Life Insurance expects the Insurance Regulatory and Development Authority of India's (IRDAI) proposed commission reforms...
IRDAI Chief Ajay Seth: Cut Costs, Correct Commissions, Tell Policyholders More
NEW DELHI: IRDAI Chairman Ajay Seth has said the insurance sector has to become far more cost-efficient, with commission rates...
IRDAI chief: 10% health co-pay ‘yet to reach’ regulator, ‘nobody is milking anything’
New Delhi: IRDAI Chairman Seth has said that the 10% co-pay on health insurance that insurers are considering has not...
