Health Insurance News IRDAI proposes ‘life-long renewability’ for Arogya Sanjeevani Policy February 12, 2020 admin 683 Views 0 Comments A unique provision of ‘life-long renewability’ has been stipulated by IRDAI with no exit age for its new health insurance Read more
Life Insurance News LIC expects to grow by 20% in FY20: Chairman MR Kumar February 12, 2020 admin 493 Views 0 Comments LIC chairman M R Kumar said that the insurance company is growing at 18% and is expected to grow at Read more
IRDA in India IRDAI penalizes Maruti Insurance Brokers for violating norms February 12, 2020 admin 555 Views 0 Comments A penalty of Rs 3 crore has been levied on Maruti lnsurance Brokers Pvt Limited (MIBL) by IRDAI in the Read more
General Insurance News Deposit Insurance Corp receives claims of about Rs 14,100 crore February 11, 2020 admin 474 Views 0 Comments As per RBI, a total claim of about Rs 14,100 crore has been received by the Deposit Insurance and Credit Read more
International Insurance News DARAG partners with Lioyd’s syndicate for reinsurance agreement February 10, 2020 admin 533 Views 0 Comments DARAG Group Limited has announced agreement with Lloyd’s syndicate in order to offer reinsurance for a US liability book. The Read more
Life Insurance News Max Life Insurance appoints Charandeep David as new Corporate Vice President of HR February 10, 2020 admin 789 Views 0 Comments Max Life Insurance has appointed Charandeep David as the Corporate Vice President of HR. Charandeep has previously led the Learning Read more
Health Insurance News IRDAI plans to standardize health services through rating of hospitals February 7, 2020 admin 452 Views 0 Comments For insurance claims, the IRDAI is now planning the standardisation of health services through rating of hospitals. According to official Read more
Life Insurance News LIC clocks 17% retail APE during Apr-Dec February 7, 2020 admin 541 Views 0 Comments LIC has reported an increase by 17% retail annualised premium equivalent (APE) during April-December to Rs 43,943 crore. APE is Read more
IRDA in India IRDAI gives nod to Motor Floater Under Regulatory Sandbox February 6, 2020 admin 568 Views 0 Comments Between September and October 2019, IRDAI has invited applications for the regulatory Sandbox. The regulator received 173 proposals of which Read more
General Insurance News United India and Oriental Insurance to receive approval for merger February 6, 2020 admin 517 Views 0 Comments The Board of Directors of Oriental Insurance Company Ltd. and United India Insurance Company Limited are likely to provide their Read more