Health Insurance News Claimants prefer cashless claim settlement: Survey February 18, 2021March 15, 2021 admin 391 Views 0 Comments claim settlement, policyholders, reimbursement, Survey, TPA Most policyholders still have to file reimbursement request as cashless continues to be a small proportion of the overall claims. Read more
Health Insurance News Covid survivors buying new insurance cover face exclusions February 17, 2021March 14, 2021 admin 303 Views 0 Comments COVID-19 survivors, face exclusions, new health insurance Covid-19 survivors who are planning to buy new health insurance could face hurdles in future claims if their ailments can Read more
Life Insurance News LIC’s equity strategy pays off with record profit of Rs. 33,000 cr February 17, 2021March 14, 2021 admin 321 Views 0 Comments LIC's profits, proved beneficial, sale of equities LIC has already booked net profit of Rs 33,085 crore on sale of equities so far this year as compared Read more
Life Insurance News LIC IPO: Govt selects actuary February 17, 2021March 14, 2021 admin 323 Views 0 Comments actuary, government plans, initial public offer, Life Insurance Corporation The government has selected actuarial firm Milliman Advisors for ascertaining embedded value of LIC, ahead of its initial public offer Read more
IRDA in India IRDAI panel proposes norms for rising ‘silent cyber risks’ February 15, 2021March 14, 2021 admin 323 Views 0 Comments Cyber exposure, Cyber security, IRDAI PANEL Working Group on Cyber Security formed by IRDAI, has proposed detailed recommendations. “Insurers may place this matter (silent cyber issue) Read more
IRDA in India IRDAI mandates standard annuity plan February 15, 2021March 14, 2021 admin 310 Views 0 Comments annuity plan, individual immediate annuity product, IRDAI IRDAI has advised all life insurers to mandatorily offer from April 1 a standard, individual immediate annuity product it has Read more
IRDA in India Inflation index linked pension schemes in the pipeline: IRDAI February 15, 2021March 14, 2021 admin 323 Views 0 Comments annuity product, floating rate, Inflation index, IRDAI IRDAI chairman said that a group has been formed to come up with guidelines for a floating rate annuity product. Read more
Insurance Articles IRDA in India IRDAI to introduce standard products for fire, allied peril February 13, 2021March 14, 2021 admin 715 Views 0 Comments allied peril, home insurance policy, IRDAI, offering coverage IRDAI has decided to introduce a standard home insurance policy that will cover the risks associated with natural calamities like Read more
IRDA in India IRDAI advises Insurers to fix Covid-19 treatment rates February 13, 2021March 14, 2021 admin 332 Views 0 Comments COVID-19, general and health insurers, INSURERS, IRDAI, treatment rates IRDAI has advised general and health insurers to have agreements with health providers on rates for treatment of Covid-19 on Read more
IRDA in India IRDAI proposes extension in sandbox norms February 13, 2021March 14, 2021 admin 335 Views 0 Comments IRDAI, sandbox guidelines, to extend the validity IRDAI has proposed to extend the validity of regulatory sandbox guidelines by two years as the proposals received under it Read more