March 28, 2023
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INSURERS

Life Insurance article 

LIC’s April-December profit surges to Rs 22,970 crore

March 25, 2023 admin 19 Views 0 Comments INSURERS, LIC OF INDIA, Solvency Margin, THE FINACIAL SERVICES
LIC has reported a net profit of Rs 22,970 crore for the nine months ended December 2023 — a multifold Read more
Health Insurance article 

Spread Covid awareness: IRDAI to insurers

March 24, 2023 admin 20 Views 0 Comments Corona Kavach, COVID, INSURERS, IRDAI, RESURGENCE
Spread Covid awareness: IRDAI to insurers IRDAI  has asked insurance companies to reach out to people to increase awareness, given Read more
General Insurance : Downloads 

Composite licence may boost M&As of life, non-life insurers

February 23, 2023 admin 41 Views 0 Comments boost, Composite, INSURERS, licence, M&A
Allowing insurance companies to have a composite licence could trigger a round of consolidation, according to a senior analyst at Read more
IRDA in India 

Insurance sector needs Rs. 50000crore each year; Insurers need to plough back profit: Panda

February 17, 2023 admin 47 Views 0 Comments Insurance, INSURERS, PANDA, PLOUGH, sector
India’s insurance industry will need to infuse Rs 50,000 crore of capital every year in order to double penetration in Read more
IRDA in India 

Insurers get IRDAI nod for FRN auto-renewal of cross-border reinsurers

February 16, 2023 admin 81 Views 0 Comments FRN, INSURERS, irda, reinsurers, renewal
In order to conduct reinsurance arrangements with Global reinsurers, which do not have an office in India (called “Cross border Read more
Health Insurance News 

Insurers want GST cut to 5% on health cover

February 15, 2023 admin 48 Views 0 Comments GST, health, INSURERS
Reduction of GST on health cover to 5 percent, hike in 80D limit and tweaking of norms on pension/annuity products Read more
Health Insurance News 

Health Insurers hopes for better health infrastructure to support growth

February 14, 2023 admin 76 Views 0 Comments growth, health, health Insurers, infrastructure, INSURERS
The Covid pandemic brought with it greater awareness regarding the need for health insurance boosting business for such insurers in Read more
Life Insurance News 

Insurers seek hike in tax deduction limit

February 13, 2023 admin 58 Views 0 Comments deduction, hike, INSURERS, limit
Ahead of the Union Budget 2023, insurers are hoping that the Centre will act on their recommendations, which includes increasing Read more
Life Insurance News 

Life insurers’ premium growth eases to 10%

February 10, 2023 admin 57 Views 0 Comments growth, INSURERS, Life, premium
The life insurance companies reported moderation in new business premium (NBP) growth in December. From a 30 per cent uptick Read more
IRDA in India 

Insurers to get flexibility in allocating commissions

January 10, 2023 admin 84 Views 0 Comments allocating, commissions, Flexibility, INSURERS
IRDAI said that removal of cap on commission of insurance intermediaries like agents and brokers will make insurance policies more Read more
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