In order to ensure that all health insurance claims are responded to quickly, IRDAI directed insurers to "comply" with certain timelines
20 Apr 2020 12:57 PM
PNB is a promoter of PNB Metlife Insurance with the highest stake of 30 per cent since 2012
12 Apr 2020 3:53 PM
IRDAI (Health Insurance) Regulations 2016 allows Life Insurance Companies to offer benefit-based health insurance products only.
26 Feb 2020 6:56 AM
Khuntia also said Irdai has not yet received any official proposal from LIC to list on the bourses.
19 Feb 2020 6:56 AM
A bank can continue to buy group insurance covers with any number of insurance companies for the insurance needs of its customers.
29 Jan 2020 1:40 AM
Private insurers appointed 3.82 lakh agents and terminated 3 lakh in FY19.
08 Jan 2020 1:28 AM
As of September, DHFL Pramerica Life's solvency ratio stood at 388 per cent and that of DHFL General Insurance at 230 per cent.
07 Dec 2019 11:57 AM
An entity holding over 10 per cent in an insurance company is categorised as a promoter while one holding below that limit is termed as an investor.
07 Dec 2019 1:32 AM
UBI has to cut stake in one of the 2 JVs—Star Union Daiichi and IndiaFirst.
03 Dec 2019 1:41 AM
Premium may be linked to driving, social behaviour.
28 Nov 2019 1:42 AM
In case normal commercial claims below a certain claim amount, we do not do an assessment.
20 Nov 2019 3:23 AM
Solvency ratio dips to 63% against norm of 150%.
08 Nov 2019 6:26 AM
The move aims at checking mis-selling of travel insurance through online ticket booking portals and apps.
02 Oct 2019 1:38 AM
Premium table can be extended, list of day care procedures can be expanded and critical Illnesses covered can be added.
25 Sep 2019 1:32 AM
The 34 insurers' gross premium collection stood at Rs 13,657.51 crore in the same month a year ago.
22 Sep 2019 4:50 PM
Panel to suggest how to link offences with premiums.
07 Sep 2019 1:30 AM
Irdai issued advisory to general insurance and health insurance companies to expedite settlement of claims for the two states.
12 Aug 2019 4:51 PM
Policies sold rose 8.4 per cent YoY in June 2019, while the retail APE ticket size fell by 7.7 per cent YoY.
17 Jul 2019 7:05 AM
During 2018-19, Max Life recorded gross written premium of Rs 14,575 crore.
09 Jul 2019 3:38 PM
In an order last year the Supreme Court had instructed insurers to provide long-term, three-year motor third party covers.
24 Jun 2019 9:07 AM