August 10 2017
The insurance industry will be moving to RBC norms by 2021. IRDAI has formed a 10-member steering committee to oversee its implementation
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July 01 2017
The insurance penetration rate in India is just 3.42%. To improve this, the regulatory framework needs to be transformed, according to the report.
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June 30 2017
Although GST has increased the cost of insurance premiums by 3%, it is still important to insure your life & properties, as they bring peace of mind. Read about the impact of GST here!
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June 29 2017
Many farmers in Trichy, due to their lack of knowledge about crop insurance, are suffering after losing their crops to drought. Know more about crop insurance here!
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June 28 2017
Data Analytics could transform the insurance sector, making it more profitable and increasing customer satisfaction, if applied properly. Read more about it here.
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June 26 2017
As losses were high in the motor insurance segment, the maximum available accident claim has been fixed at ₹10 lakh in the financial year of 2018. Read more about it here.
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June 25 2017
The Haryana state government is making a lot of effort to improve access to health care in the state & provide free health insurance to the poor. Read more about it here.
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May 23 2017
Huge economic losses in natural disasters and poor penetration of fire and allied policies have prompted IRDAI to review the coverage of such policies.
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May 22 2017
Under GST, the tax rate for insurance is likely to increase, which will result in an increased premium outgo for the insured Indian middle class.
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May 18 2017
Liability clause, which is likely to cut down insurance losses have been removed in the new Motor Vehicles Act passed by Lok Sabha.
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