IRDA in India IRDAI allows insurers to invest in debt instruments of InvITS & REITS April 24, 2021 admin 353 Views 0 Comments allows, INSURERS, REITS IRDAI has recently allowed the insurance companies to invest in debt securities of Infrastructure Investment Trusts (InvITs) and Real Estate Read more
General Insurance News Health business drives up general insurers’ gross premium in FY21 April 23, 2021 admin 311 Views 0 Comments business, General, gross, premium India’s general insurance industry posted an increase of 5% in gross premium to Rs. 1,987 billion ($26.5 billion) in the Read more
Private life insurance Life insurance industry sees 7.5% rise in 1st year premium April 23, 2021 admin 296 Views 0 Comments Insurance, premium According to the data revealed by IRDAI, despite the second wave of COVID-19, the first-year premium (FYP) of life insurance Read more
IRDA in India Finance Ministry asks IRDAI to act against insurers for denying cashless COVID-related claims April 23, 2021 admin 325 Views 0 Comments cashless, Finance, Ministry, related Finance Minister Nirmala Sitharaman has recently asked IRDAI chairman S.C. Kunthia to “act immediately” to address the complaints of denial Read more
Coronavirus (COVID-19) Outbreak Laboratory Research & Quality Control on a high technology equipment. IRDA in India IRDAI directs hospitals to provide cashless treatment for COVID-19 to policyholders April 23, 2021 admin 423 Views 0 Comments cashless, Hospitals, IRDAI, treatment In a big relief to the policyholders, IRDAI has recently directed all the hospitals to provide cashless treatment if mentioned Read more
General Insurance News Digital transformation speeds ahead in insurance market as AI platform spending to grow by almost a quarter each year between 2019 and 2024, says GlobalData April 23, 2021 admin 315 Views 0 Comments Digital, GlobalData, Insurance, transformation The changing customer landscape due to the COVID-19 pandemic has necessitated innovation within the insurance industry. Not only are Read more
Health Insurance News India Inc & many auto companies planning COVID-19 vaccination drive for its employees April 22, 2021April 22, 2021 admin 386 Views 0 Comments COMPANIES, drive, employees, vaccination Indian Inc has been planning a vaccination drive for its employees as COVID-19 cases continue to rise rapidly across India. Read more
Legal News CBI arrests 2 insurance officers for demanding Rs. 4.5 lakh bribe to settle accidental death claim April 22, 2021 admin 319 Views 0 Comments arrests, CBI, demanding, Insurance Central Bureau of Investigation has recently arrested a Senior Divisional Manager and an Administrative Officer of the National Insurance Company Read more
Life Insurance News LIC collects highest-ever premium of Rs. 1.84 trillion in FY21 April 22, 2021 admin 319 Views 0 Comments highest, LIC, premium Life Insurance Corporation of India has recently said that it has collected highest-ever first year premium of Rs. 1.84 trillion Read more
Health Insurance News Government insurance scheme with Rs. 50 lakh cover for COVID-19 healthcare staffers restored April 21, 2021 admin 429 Views 0 Comments COVID, healthcare, staffers The Centre has recently renewed the Pradhan Mantri Garib Kalyan Package (PMGKP) insurance scheme for health workers battling COVID-19 to Read more