General Insurance News Motor third-party premiums to be revised after 2 years April 16, 2022 admin 292 Views 0 Comments Motor, premiums, third party The ministry of road transport and highways in consultation with the insurance regulator released a draft notification for revising the Read more
Private life insurance Term insurance premiums to rise up to 40% as re-insurers push up rates November 26, 2021 admin 328 Views 0 Comments premiums, re-insurers, term insurance Term insurance premium rates are set to rise by up to 40 per cent after re-insurers tightened underwriting norms in Read more
General Insurance News Cargo Insurance premiums jump 33% this year November 16, 2021 admin 320 Views 0 Comments Cargo Insurance, premiums The sudden jump in the volume of oil, gas and coal being transported across the seas is pushing up Read more
General Insurance News General insurance industry in Japan to reach US$133.1bn in 2025, forecasts GlobalData August 21, 2021 admin 358 Views 0 Comments Analyst, GlobalData, premiums, Restrictions, slower The general insurance industry in Japan is projected to grow from JPY11.1 trillion (US$104.1bn) in 2020 to JPY12.6 trillion (US$133.1bn) Read more
Insurance News Plum crosses 100,000 members on its platform August 12, 2021August 16, 2021 admin 1041 Views 0 Comments awareness, benefits, corporate, premiums Employee insurance startup’s member base grows 20x YoY Plum, the Indian employee health insurance startup that provides health benefits Read more
General Insurance News Premiums hiked for non-life insurance companies May 11, 2021 admin 394 Views 0 Comments COMPANIES, Insurance, premiums As per the regulatory data, the gross direct premium written by non-life insurance companies rose by over 22% in April, Read more
Private life insurance New business premiums of life insurers rose to 7.5% in FY21 May 5, 2021 admin 338 Views 0 Comments business, INSURERS, premiums Indian life insurance industry capped FY21 with a 7.5% increase in new business premiums (NBP) to Rs. 2,78,277.98 crore compared Read more
Health Insurance News Term insurance prices hiked, health premiums stay unchanged in Q4: PolicyX April 3, 2021 admin 315 Views 0 Comments health, Insurance, premiums As per PolicyX.com’s Insurance Price Index, there is a significant jump in term insurance premiums, while prices of health insurance Read more
General Insurance News Non-life insurers see 10% rise in August premiums November 6, 2020March 25, 2021 admin 291 Views 0 Comments august, Non-life insurers, premiums, Standalone Health Insurers, which include general insurers Non-life insurers, which include general insurers, standalone health insurers and specialised PSU insurers, have seen a 10.38 per cent growth Read more
Life Insurance article What Is Solvency Ratio in Life Insurance? July 15, 2016 Bimabazaar- Adminstrator 6354 Views 0 Comments IRDAI, life insurance, policyholder, premiums, solvency ratio Solvency Ratio is a key metric used to determine the ability of a life insurance company to meet its debt and Read more