A Home Guard would be considered on duty from the time he set out from his home and until he returned
The pandemic seems to be following the trajectory of the Great Depression for Indian insurance sector, which will be among the few that could do well coming out of the impact of coronavirus
All policies expiring during the lockdown should be deemed extended for this period and one week thereafter
Despite the presence of 24 life insurance companies and 34 non-life companies, the needle of insurance penetration in the country has hardly moved over the years
With customers caught in a swirl of panic and fear, life insurance companies are looking at confidence building measures for a post Covid-19 world
As India manages life under a 21-day lockdown, the government and the RBI have moved to help the economy and the poorest. A look at who gains from these moves and who loses out
Trade credit insurance covers a supplier of goods and services against the risk of non-payment by its customers because of wilful default or insolvency
The investment exposures of key insurance players have been hit by ratings downgrades
There is headroom for foreign partners in both the life and non-life sectors within the current limits
In September 2019, he had bought SBI Life Insurance and HDFC Life Insurance, which now account for 5 per cent and 4 per cent weight in the above-mentioned portfolio
Life Insurance Council has sought a separate deduction in personal taxes or an increase in the present limit for the premium paid for individual life policies
The regulator had planned to implement IndAS 117, which is an equivalent of IFRS 17, and IndAS 109 from April 1 onwards, but the IASB decided to amend IFRS 17
That apart, 37.2 per cent year-on-year (YoY) growth in new premiums between April-November further boosted buying sentiment.
The challenge for everyone is how to fend off competition from insurance companies and the sweep of technology, making their business models irrelevant
The govt is also looking to allow FDI in information utilities at 100% through govt approval route
Finance Minister Nirmala Sitharaman unveiled the proposals while presenting the budget for the fiscal year ending March 31, 2020 to parliament
Moody's said it expects India's real GDP to expand by 7.4% and 7.3% in fiscal 2019 and 2020
A large swathe of the population doesn't buy insurance products because it finds them difficult to understand
UK-based reinsurance company Lloyd is expected to set up its branch in Mumbai in 2017
Max Life was busy scouting for insurers it could buy. Then, HDFC Life happened