Page 41 - Insurance

UK's Standard Life divests 2% stake in HDFC Life for Rs 1,985 crore

Prior to this, Standard Life had sold 4.95 per cent stake in HDFC Life for Rs 5,750 crore in October 2019, and had offloaded 3.3 per cent stake in the insurance firm in August last year

Banks, financial cos must be allowed to avail credit insurance: Irdai group

Trade credit insurance covers a seller against the risk of non-payment by its customers arising due to willful default or insolvency

Year of survival for insurance industry; don't expect growth: Bajaj Allianz

Recognising that customers have their own concerns, he said the company is equally taking care of its own employees during this lockdown

Opt for monthly payment of term premiums as insurers get set to hike rates

Some insurers have already started increasing premiums, and others are expected to do so in the next six months

ICICI Lombard Q4 results: There's no insurance cover against slowdown

Premium income (excluding crop biz) lagged industry growth in Q4

Insurance brokers call for securing coverage of properties in lockdown

Insured property should not remain unoccupied for a period exceeding 15 days or 30 days, policy coverage rule say

Street cheers for ICICI Pru Life as protection products drive Q4 margin

The results, which were announced on Saturday, saw protection business grow 35 per cent year-on-year growth in Q4

GI Council warns against experts deceiving policyholders on Covid-19 claims

Normally, business interruption losses are covered under property damage policy

Covid-19: Irdai directs health insurers to settle claims within two hours

All the insurers shall decide health insurance claims expeditiously, it said in a circular

Lockdown 2.0: Govt extends renewal of health, motor policies till May 15

If the renewal of motor third party and health policy falls due between March 25 and May 3, the lockdown period, then policyholders can make the renewal payment on or before May 15

Senior citizens may see spike in premiums in wake of Covid-19 crisis

Since they are more vulnerable, medical insurers may become more wary

Covid-19 impact: Non-life insurers' premium collection falls 10.7% in March

In absolute terms, premium collected by general insurers was close to Rs 1.89 trillion in FY20, against Rs 1.69 trillion in FY19

Here's what expert says about cyber insurance and why you need it

Cyber cover for individuals is indeed the need of the hour, especially in these times when most people are working from home

BS insurance roundtable: 'Government doesn't determine LIC's investments'

Tax incentive was actually a motivation for individuals to be careful and more risk aware, as well as to protect their families

Provide Covid-19 cover in policies: Irdai tells health insurance companies

The costs of medical expenses will be settled in line with the terms and conditions of the policy contract

Yes Bank impact on key insurance players explained in numbers, chart

The investment exposures of key insurance players have been hit by ratings downgrades

Oriental Insurance pegs capital need of around Rs 3000 crore in FY21

The actual growth plan would be finalized on the basis of capital support the insurer gets from the government

Rewiring insurance with tech to speed up underwriting and claims process

Most of the insurance providers have mobile apps, meant to provide customers easier access to the insurer

When concession is a penalty

The new optional tax regime is likely to become the only one available in a few years. This will affect real estate

Can insurance and vehicle ownership be in different names? Expert answers

Can you claim refund on a curtailed trip?