Hike in agents' commission cannot be passed on to policy holders

Higher commissions should be paid from shareholder's money, not premia, says Irda chief


Insurers make unclaimed money info easier to access

27 Aug 2014

Insurers turn to social media, credit bureaus to contact customers who cannot be tracked; push NEFT- based transactions to reduce ...


Two-wheeler insurance policies to get cheaper, easier to buy

25 Aug 2014

Irda has introduced long-term motor third-party insurance policy for two-wheelers, with a three-year term


LIC launches Jeevan Rakshak Plan

19 Aug 2014

Life Insurance Corporation of India (LIC) has introduced its Jeevan Rakshak Plan, which is a participating non-linked plan. This ...


Max Bupa to reduce exposure in group health portfolio

19 Aug 2014

The insurer has introduced a new edition of its flagship product Heartbeat Health Insurance Plan, offering a comprehensive health ...


Micro-insurance products may see sea-change

07 Aug 2014

Micro-insurance products may see a significant change in their structure and product feature once the insurance regulator brings ...


Common service centres begin sale of insurance products

06 Aug 2014

Insurance products have been exclusively designed to sell on CSC platform


Indian insurers likely to collect Rs 427-cr online premium in FY15: R K Nair

26 Jul 2014

Says there is a huge opportunity for insurers as many people are still excluded from insurance bracket


Insurers may see hike in stakes post budgetary proposal

13 Jul 2014

With the budgetary proposal to hike foreign direct investment cap to 49 per cent from the existing 26 per cent in the private ...


Ministry drops health rider for 49% FDI in insurance

08 Jul 2014

Proposal caps voting rights at 26% and insists on local CEO and majority Indian directors


High life cover alone is not enough

05 Jul 2014

Prioritise how to utilise insurance money to pay off liabilities and invest for future use


Liberty Videocon launches two new corporate insurance products

30 Jun 2014

Liberty Videocon General Insurance launched two new products for commercial businesses; Commercial General Liability Insurance ...


Draft rules ban replacement of life insurance policies

19 Jun 2014

Replacement may not be permitted, unless if it is in interest of policyholder


Non-life premium income rises 6.7% to Rs 8,421 cr in April

01 Jun 2014

Premium income of non-life insurers grew by 6.73 per cent to Rs 8,421.45 crore in April this year, according to data of insurance ...


Mumbai has highest number of critical illness insurance policies

29 May 2014

The ICICI Lombard survey also shows that overall, less than half of the respondents own a health insurance policy


A supplementary cover at best

06 May 2014

Bajaj Allianz's Surgical Protection Plan allows only 50% of sum insured to be claimed


All insurers may offer digitised policies from July

11 Apr 2014

All life insurance companies may be required to offer insurance policies in a digitised format from July onwards.


Electronic insurance policy still to take off in big numbers

08 Apr 2014

Digitisation of insurance policies may take some more time to take off a large scale, with customers not being too eager to ...

Edelweiss Tokio Life Insurance launches new traditional plan

20 Mar 2014

Edelweiss Tokio Life Insurancehas launched a non-participating, non-linked life insurance planwhich offers a combination of ...

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