Insurance Claim disbursements under PMJJBY shots up 438% in financial year 2022
Disbursal of claims under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), which offers death coverage due to any reason, Read more
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Why is telematic insurance not gaining popularity among car owners?
Telematics insurance is a type of auto insurance that uses technology to track and analyse driver behaviour, such as speed, Read more
IRDAI Removes the Cap on Commission Payment to Insurance Agents: Is It a Good Move?
The Insurance Regulatory & Development Board of India (IRDAI) has removed the limit on commission payments to be made to Read more
Tax probes against insurers may go on despite IRDAI’s new commission norms
Investigations by the income tax and goods and services tax authorities against 30-odd insurance companies over transactions worth more than Read more
SC sets aside SAT’s order against IRDAI
The Supreme Court has set aside the order of a Securities Appellate Tribunal (SAT) where the tribunal had made strong Read more
Govt works on assistance for crash victims on all highways
India—home to the world’s deadliest roads—plans to extend its marquee Incident Management Services (IMS) to all national highways to reduce Read more
General Insurance Council working on a common empanelment platform for hospitals soon
The General Insurance Council, the industry body of non-life insurers, is working towards creation of a common empanelment platform for Read more
PSU general insurers’ market share decreases
The four public sector general insurance companies have lost 800 basis points (bps) in market share in last five years Read more
Centre mulls ‘free insurance’ for cows, 100% subsidy on premium likely
Ahead of the 2024 general election, the government plans free insurance for cows as currently, farmers pay 20-50 per cent Read more
Air India to get $10-billion cover from Tata AIG, others
Tata AIG General Insurance and others have received the contract to provide $10bn cover to Air India and its low-cost Read more
