Page 26 - Insurance

Piramal, Zurich Insurance may bid separately for Reliance General Insurance

Piramal, Zurich Insurance may bid separately for Reliance General Insurance

Singapore's gig workers to get work injury and pension coverage

The new rules will affect about 73,000 workers who deliver food or drive passengers for companies such as Grab , Gojek, Deliveroo and Delivery Hero's Foodpanda

Social safety net product Bima Vistaar being developed for Bima Sugam

The regulator last month had formed a 24-member committee, headed by Devasia, to develop an affordable, accessible and comprehensive cover - Bima Vistaar -- for rural population

Irdai draft norms do away with specific caps on commissions to agents

Proposes that commissions to agents can't exceed management expense limit

Port and combine your base health policy with a top-up to prune cost

Features like recharge and guaranteed no-claim bonus enhance the cost-effectiveness of health insurance policies

Belt-tightening measures key to surviving pink slip, say experts

Cautious spending, reduced debt burden, and opting for gig work can help

After poor show in Sept, non-life insurers' premiums up 15.5% YoY in Oct

Demand for health and motor insurance to continue though growth may dip, say experts

Finance, tech transfer, capacity building on India's agenda for COP27

India will also seek clarity on loan availability, credit mechanisms and insurance requirements for adaptation finance

Borrowing costs bite: Interest-rate surge hurts corporate profits

Interest expenses of listed firms (ex-BFSI) were up 18.5% YoY in Q2FY23

Ultra-rich Indians seek residency in Portugal for better healthcare

Apart from investing in housing, Indians are also applying for 'jumbo life and term' insurance covers worth $20 million

ICAI CA November 2022 PQC-IRM exam postponed; check revised schedule

ICAI CA November 2022 PQC-IRM exam postponed. Candidates can check the revised schedule on the official website of ICAI- icai.org

India-dedicated funds stanch FPI sell-off in September, shows data

If not for inflows from India-dedicated funds, the FPI outflow tally in September would have crossed $2 billion.

Motor insurance picked up pace, grew neck and neck with health in H1FY23

Motor insurance, which saw muted growth in the last two years, has finally seen some momentum, although the base is low

ICICI Lombard Q2 net up 32% to Rs 591 cr on reversal of tax provision

Gross direct premium income up 17% to Rs 5,185 cr; combined ratio, which indicates underwriting discipline, stable at 105.1%

Centre to infuse Rs 5,000 crore in state-run general insurers: Report

On October 14, the finance ministry notified the wage revision plan for officers and employees of state-run insurers which is expected to cost Rs 8,000 crore to these companies

Indian insurance industry can be sixth largest globally: Irdai chairman

He also said that the regulator is working on Bima Sugam- a one stop shop, for all insurance products

Buy an adequate OPD cover to take care of mental health treatment

Most of these ailments are treated on outpatient basis, so just a hospitalisation cover won't suffice

Axis Bank looks to buy near 10% stake in Go Digit Life Insurance

The development underscores private lenders' growing interest in India's lucrative and largely untapped insurance sector

Solapur-based Laxmi Co-op Bank loses licence after failing RBI norms

Depositors to get insurance claim, amount of Rs 193.68 cr already paid out

Digital engineering taking lead in engineering R&D in India: Report

NASSCOM and Deloitte study calls for improving the ease of doing business and addressing concerns about patents