Life Insurance News Life insurance policy: Grace period for premium payment extended further July 17, 2020April 15, 2021 admin 575 Views 0 Comments COVID-19, IRDAI, life insurance policy, premium payment Irdai, the insurance regulatory body, on Sunday said it has decided to further extended the grace period for renewal of Read more
Life Insurance News LIC launches modified PMVVY for senior citizens July 16, 2020April 15, 2021 admin 1022 Views 0 Comments Financial planners, Life Insurance Corporation of India, PMVVY, SCSS Life Insurance Corporation of India (LIC) has launched the revamped Pradhan Mantri Vaya Vandana Yojana (PMVVY) for senior citizen with Read more
IRDA in India Prudent management of financial resources of insurers in the context of Covid-19 pandemic July 16, 2020April 15, 2021 admin 568 Views 0 Comments COVID-19 pandemic, financial resources of insurers, IRDAI, Prudent management As part of measures to prudently manage their financial resources, all insurers have been directed to align dividend pay-out for Read more
IRDA in India Clarification in respect of premium income figures of life insurance companies for FY 2019-20 July 15, 2020April 15, 2021 admin 498 Views 0 Comments FY 2019-20, growth rate of new business, life insurance companies, premium income figures Some newspapers carried a news item that “Life Insurance Companies have registered 11.4% growth in premium income in FY20”. This Read more
IRDA in India Advisory to policyholders and insurers related to Covid 19 July 15, 2020April 15, 2021 admin 508 Views 0 Comments COVID-19, General Insurance Council, Indian General Insurance industry, policyholders and insurers The Authority welcomes the stand of the Indian General Insurance industry regarding continuity of policies in the context of the Read more
General Insurance News Edelweiss General Insurance launches driver-based Motor Insurance July 14, 2020April 15, 2021 admin 657 Views 0 Comments driver-based Motor Insurance, Edelweiss General Insurance, Edelweiss SWITCH, motor insurance premium Under the IRDAI’s Regulatory Sandbox, Edelweiss General Insurance, has launched an innovative app-based Motor OD floater policy named as Edelweiss Read more
General Insurance News Merger of PSU general insurers on back burner due to Covid-19 July 14, 2020April 15, 2021 admin 635 Views 0 Comments Ashvin Parekh Advisory Services, COVID-19, IPO, PSU general insurers The Centre’s plan to merge the three PSU general insurers has been put on hold.According to sources, preparations for the Read more
General Insurance News SN Rajeswari appointed as new CMD of Oriental Insurance July 12, 2020April 15, 2021 admin 1131 Views 0 Comments BBB, gic re, new CMD of Oriental Insurance, NIA, SN Rajeswari SN Rajeswari, General Manager, New India Assurance (NIA), has been selected by the Banks Board Bureau (BBB) as the Chairman Read more
General Insurance News General insurance industry will witness slow growth in Q1: Care Ratings July 12, 2020April 15, 2021 admin 531 Views 0 Comments CARE Ratings, General Insurance industry, IRDAI, Q1, slow growth General insurance industry in India is set to witness slow growth during the first quarter of the current fiscal due Read more