IRDAI asks insurers to speed up settlement of flood claims
IRDAI has asked all general insurers and standalone health insurance firms to deploy resources and shrink response-time gaps after the Read more
General insurers
General Insurers face tough choice on pushing growth and sustaining margins
The country’s general insurance companies are currently grappling with a crucial dilemma between pursuing growth and maintaining profitability at a Read more
Insurers may get to sell related services
General insurers may soon be allowed to sell services such as gym memberships, vehicle repairs, and other diagnostic services in Read more
Insurers eye bigger Marine pool for Russia shipments
India’s general insurers are looking to set up a larger marine insurance pool to cover the risks of transporting crude Read more
IRDAI mandates general insurers to cover mental illness, HIV
IRDAI has made it mandatory for general insurers or stand-alone health insurers to launch health insurance policies that can provide Read more
General insurers bet on health, insurtech to drive growth in 2023
For the general insurance industry, 2022 was a year of regulatory changes, innovation and the rise of insurtech and health-based Read more
Govt may infuse Rs. 5000 crore in PSU General Insurers
The central government will reportedly infuse Rs 5,000 crore as equity support into PSU general insurers. “A fresh assessment may Read more
Private sector General Insurers lead market share growth in April 2022
Private sector general insurance companies continued to grow faster than the industry in April 2022, driving the 24% industry growth, Read more
3 PSU general insurers to get capital infusion of Rs. 5,000 crore
The Centre has raised the authorised capital of three public sector insurance companies – Oriental Insurance Company Limited (OICL), National Read more
IRDAI seeks business plans from 3 PSU general insurers
IRDAI has sought revised business plans from the three public sector general insurers – National Insurance Company, Oriental Insurance Company Read more
