General Insurance News Indian millionaires are expected to grow at a strong pace- WealthInsight May 27, 2014 Bimabazaar- Adminstrator 826 Views 0 Comments According to a new report from WealthInsight, Indian millionaires are expected to grow at a strong pace, forecasting a growth Read more
Health Insurance News Insurers to offer products exclusively through specific distribution channel May 27, 2014 Bimabazaar- Adminstrator 840 Views 0 Comments Instead of selling the same insurance products across various distribution channels, insurance companies are mulling offering their Read more
Health Insurance News Family floaters gain as healthcare costs rise May 27, 2014 Bimabazaar- Adminstrator 722 Views 0 Comments In a bid to cut down their health insurance bill, buyers are increasingly turning to family floater policies – covers Read more
Health Insurance News Private health insurers cover 65% policy holders May 27, 2014 Bimabazaar- Adminstrator 666 Views 0 Comments Around 65 per cent of health insurance policy holders in the country are covered by private insurers while public sector Read more
Life Insurance News LIC buys Rs. 4,300 cr loans from 7 states May 27, 2014 Bimabazaar- Adminstrator 775 Views 0 Comments Life Insurance Corporation of India (LIC) has bought debt worth about Rs 4,300 crore in state bond auctions conducted by Read more
IRDA in India IRDA initiates study for group insurance policies May 27, 2014August 19, 2017 Bimabazaar- Adminstrator 580 Views 0 Comments Insurance Regulatory and Development Authority of India has initiated a study regarding the subsidization of premium for group insurance policies. Read more
IRDA in India Finance Ministry cancels IRDA order withdrawing third-party pool May 27, 2014 Bimabazaar- Adminstrator 575 Views 0 Comments The finance ministry has rescinded the insurance regulator’s decision to withdraw third party insurance pool. The move will give a Read more
IRDA in India IRDA forms working group for simple products in general insurance May 27, 2014 Bimabazaar- Adminstrator 651 Views 0 Comments IRDA has formed a working group to review ‘File & Use’ (F&U) guidelines to ensure availability of simple products in Read more
IRDA in India IRDA may ask life insurers to tie up with repositories May 27, 2014 Bimabazaar- Adminstrator 687 Views 0 Comments The Insurance Regulatory and Development Authority is likely to make it mandatory for life insurance companies to tie up with Read more
General Insurance News Indian online insurance market size more than Rs. 700 cr : BCG Report May 27, 2014 Bimabazaar- Adminstrator 796 Views 0 Comments The online insurance market in India is already in excess of Rs.700 crore. While life insurance sales contribute around Rs.300 Read more