Page 8 - General Insurance

Irdai asks insurers to bring standard accident cover from Apr

The insurance regulator has asked general and health insurance providers to provide standard personal accident cover products

ICICI Lombard revamps health offerings in view of evolving customer needs

The insurer has launched four new plans ---- health shield, health shield plus, health elite, and health elite plus ---- that are part of its 'complete health insurance' offering

Contingency funds are more effective against sudden decline in income

Job loss covers have conditions attached

Covid-19: Irdai permits life, general insurers to conduct video-based KYC

The objective of the VIBP, Irdai said, is to leverage various electronic platforms to simplify KYC process and make it customer-friendly

Rising Covid, non-Covid claims a double whammy for general, health insurers

Insurers said while the situation had been manageable so far, going ahead, it would be a cause for concern

Unlock BFSI 2.0: Insured and safe — Insurance in the time of pandemic

In this special Business Standard webinar, the biggest names in India's insurance industry discuss the way forward for general and life insurance segments, especially in the wake of a pandemic >

Importance of Investing in Health Insurance for Senior Citizens

Life is unpredictable. Adequate health insurance is essential when rising cost of healthcare services in India

In share swap deal, ICICI Lombard to acquire Bharti AXA General Insurance

In a share swap deal, non-life insurer ICICI Lombard General Insurance Company will acquire the business of Bharti AXA General Insurance Company Ltd

Health has become biggest business in general insurance: Irdai member

The pandemic has promoted people to buy health covers, as the uncertainty around the virus and its effects are rising with the number of infections going up daily

Paytm, CEO Sharma to acquire general insurer Raheja QBE for Rs 568 crore

Raheja QBE will be acquired through QorQl Pvt. Ltd, a technology company in which Vijay Shekhar Sharma has majority shareholding.

Bharti Axa General Insurance premium income up 38% to Rs 3,157 cr in FY20

Commercial lines segment focused on SME and MSME to grow by 49% at Rs 430 crore in the year ended March 31 against Rs 289 crore in the corresponding fiscal a year earlier

Covid-19 crisis: Centre seeks Irdai, GI Council view on retrenchment cover

In a recent letter to the Prime Minister, Union Minister for Road, Transport, and Highways Nitin Gadkari had suggested the need for an insurance product that gives subsistence salary

General insurers brace for a rise in non-Coronavirus claims after lockdown

This, in turn, will impact the loss ratio of insurers in the health segment

Pay as you go: Irdai initiave aims to attract low-mileage car user

The idea behind such policies seems to be - lower the mileage, lower is the probability of an accident

General Insurance sector's PAT drops 90% in FY19, finds Irdai report

The underwriting losses of the general insurance industry increased to Rs 22,320 crore in FY19 from Rs 15,341 crore, a jump of 45%

Postmen, grameen dak sevaks may soon start selling insurance policies

Irdai said IPPB will also have to put in place a system to identify the postman and grameen dak sevak who has sold an insurance policy

Need to renew your bike insurance? Read this expert advice before deciding

You should approach an insurance company of your choice and get an insurance cover for your vehicle immediately. The insurance company may want to inspect your vehicle

Does travel insurance cover reimburse flight cancellation charge?

To know the conditions acceptable for refund of flight expenses, read the specific section of the policy wording

General insurers premium income rises 23% to Rs 14, 378 cr in July: Irdai

The 34 non-life insurance firms had collected a premium income of Rs 11,715.05 crore in the corresponding month a year ago

Reader's corner: General Insurance

One can purchase a fresh policy with comprehensive coverage wherein own damage risk of the vehicle will also be covered along with third-party (TP) liability cover