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General Insurance News 

Maharashtra asks insurance firms to take cognizance of farmers’ claims

January 13, 2023 admin 48 Views 0 Comments Claims, cognizance, firms, Insurance, Maharashtra
The Maharashtra government has asked crop insurance companies to take cognizance of complaints by farmers and warned that the State Read more
IRDA in India 

IRDAI proposes allowing insurers to invest in unlisted firms

December 17, 2022 admin 68 Views 0 Comments firms, INSURERS, INVEST, IRDAI, unlisted
India’s insurance regulator has proposed to the government that insurers be allowed to buy over 10% of unlisted firms without Read more
IRDA in India 

IRDAI wants life firms to eye 50% premium growth in 5 yrs

September 1, 2022 admin 143 Views 0 Comments firms, IRDAI, Life, premium
In a first-of-its-kind advisory, the IRDAI has proposed premium growth targets over a five-year period for life insurance companies, in Read more
Private life insurance 

Life insurance firms settled 2.2 lakh Covid death claims: IRDAI data

June 25, 2022 admin 130 Views 0 Comments Covid death, firms, IRDAI data, life insurance
Life insurance companies have so far received 2,18,084 COVID claims amounting to Rs 16921.70 crores, according to data provided to Read more
Private life insurance 

Insurance firms step up stock purchases amid market swings

April 12, 2022 admin 157 Views 0 Comments firms, Insurance, market, swings
Domestic insurers, led by the Life Insurance Corporation of India (LIC), have stepped up their equity purchases amid relentless selling Read more
Private life insurance 

New biz premium of life firms sees tepid growth

March 14, 2022 admin 164 Views 0 Comments biz, firms, premium
Life insurers reported muted growth in new business premiums (NBP) in January after a tepid showing in December, owing to Read more
Crop Insurance Schemes
General Insurance News 

Maharashtra warns of action against crop insurance firms

January 7, 2022 admin 160 Views 0 Comments crop insurance, firms, Maharashtra
Crop insurance companies and the Maharashtra government are once again at loggerheads as the State Agriculture Minister Dada Bhuse has Read more
International Insurance News 

COVID-19 is far from the only risk facing insurers and financial sector firms: Allianz

May 7, 2021 admin 295 Views 0 Comments facing, financial, firms, INSURERS
COVID-19 may drive market corrections and insolvencies that could impact financial institutions’ balance sheets, increase exposures for directors and result Read more
International Insurance News 

China continues crackdown on fintech firms

April 30, 2021 admin 249 Views 0 Comments continues, crackdown, fintech, firms
Chinese financial watchdogs has recently summoned 13 internet platforms engaged in finance business, including heavyweights Tencent and ByteDance, to order Read more
Legal News 

Insurance firms employee union move court against 47.75% medical premium hike

April 1, 2021 admin 215 Views 0 Comments employee, firms, Insurance
A union of 4 insurance companies was recently challenged a circular issued by the General Insurance Public Sector Association (GIPSA), Read more

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