Ensuring the safety of insurance sector
The RBI recently proposed to reduce the ownership by banks over insurance companies at a maximum of 20 per cent Read more
insurance sector
Insurance sector sponsorship worth $895 million to sports industry rights holders in 2021, says GlobalData
424 insurers currently partnering with rights holders, with active contracts worth $5.17 billion over their duration. Majority of insurance Read more
New Product Development Needs in Motor Insurance
Introduction Change is the only thing that is almost always constant. Organisations have to keep revamping their business strategies from Read more
Pandemic may change insurance sector’s landscape in India : IndiaFirst Life Deputy CEO
The current pandemic will change the landscape of the insurance sector in the country in a big way as Read more
Growth in Insurance sector to double by FY21-end: LIC MD Raj Kumar
The life insurance industry, has witnessed huge degrowth in business in the first quarter of the current financial year due Read more
CASE STUDIES ON MOTOR INSURANCE POLICIES
Preface: With new liberalization policies encouraging FII (Foreign Institutional Investment), Automobile giants all over the world started establishing their base Read more
Bangladesh holds insurance fair in Khulna, Green Delta Insurance wins prize for best stall
Bangladesh has recently held an insurance fair in Khulna, where Green Delta Insurance has won the first prize for the Read more
Change in customer preferences will boost innovation in insurance sector: NIC CMD
According to Tajinder Mukherjee, CMD, National Insurance increasing customer expectations has been changing the landscape of general insurance products in Read more
MFs seek KYC easing, in line with insurance sector
The mutual fund (MF) sector has again indicated that compared to the insurance sector, it is being treated in a step-motherly manner. This time, it is a Budget proposal that has irked officials in the sector. The proposal said a customer could buy an insurance policy if he/she had a bank KYC (know-your-customer). It didn’t include MFs. Read more
IRDA suggests strict norms to prevent insurance sector frauds
To prevent fraudulent activities in the insurance business, sectoral regulator IRDA has asked insurers to follow stringent due diligence process for staff and agents besides identification of vulnerable areas within an organisation. Read more
