With cancer treatment costs rising, insurers are offering specialised plans that provide staged payouts, long-term financial protection and support across diagnosis and recovery
The joint venture, awaiting regulatory approvals, will combine Jio's digital reach with Allianz's global expertise to expand insurance access in India
Some 11 Russian insurers that are not members of so-called P&I Clubs are now allowed to provide the services, up from eight last month
Announcing the decision, Ashwini Vaishnaw said the Cabinet has approved the setting up of a domestic insurance pool to support India's maritime sector
Insurance companies have shared the data on distributor commissions with Irdai as the regulator reviews distribution models amid concerns over high costs but are yet to get a response
DFS Secretary M Nagaraju urged LIC to strengthen digital capabilities and design products for younger customers to drive insurance adoption and engagement
Irdai strengthens cyber security framework with tighter board oversight, quarterly risk reviews and enhanced compliance norms for insurers and intermediaries
The plan includes a $1.5 billion sovereign guarantee fund to provide insurers with reinsurance support and liquidity should insurance costs remain high, said one government source
8 in 10 users msled online: IRDAI Cracks Down on Insurance 'Dark Patterns'
Supreme Court directs impleadment of National Insurance CMD in forged policy case, orders SIT probe and flags insurer's failure to act despite alleging fraud
Regulator directs insurers to maintain normal working hours on financial year-end to avoid inconvenience to policyholders
Each additional coaching interaction reduced preventable claim costs by an average of ₹668
In a press release following its 134th board meeting, the regulator said it had granted certificates of registration to one reinsurer and one general insurer
Some risks are covered, others require purchase of add-ons, and yet others are completely excluded
Anup Rau shared his views on FDI, insurance penetration, regulation, bancassurance, and the company's growth plans
War-linked travel disruptions, evacuations and stranding costs remain largely excluded under standard travel insurance policies, experts say
Claims tied to SRCC, strikes, riots and civil commotion, are emerging as a growing headache for insurers as episodes of unrest increasingly lead to the destruction of property in Western democracies
Here is a selected list of the best term insurance rates from various insurers for young male professionals living in a large city