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Latest Insurance News Today

First Indian Company certified with ISO 31000:2018

ICICI Lombard – First Indian Company certified with ISO 31000:2018

May 2018

The British Standard Institution (BSI) has awarded a Certificate of Compliance to ICICI Lombard – the first Indian company to be certified with the ISO 31000:2018

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Featured Articles

Union Budget 2021: Finance Minister proposed hiking FDI limit in insurance to 74%

February 02 2021

The Government of India has proposed a hike in the limit or cap on Foreign Direct Investment (FDI) in the insurance sector to 74% from the existing 49%. The decision was announced by the Finance Minister of India, Mrs Nirmala Sitharaman, during her budget speech in the parliament on 1st February 2021.

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Insurance Regulator Mandates Cancellation of RC In Case of Total Loss Claim Settlement

July 30 2019

IRDAI’s mandate to cancel the registration of completely destroyed vehicles is expected to put a check in the cases of fraudulent car registrations.

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This Is How IRDAI Is Planning to Offer You More Freedom Regarding Health Insurance

July 09 2019

The IRDAI’s proposal of providing the health insurance policyholders with an option to select the TPAs of their choice is expected to result in better service offerings for them.

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Insurance Penetration in India to Exceed 4% in 2017

February 28 2017

The low premium insurance schemes launched by the government have increased the insurance penetration in the country, which is likely to exceed 4% in 2017.

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Health Cover of ₹1 Crore Is the New Norm in the Industry

February 21 2017

With rise in health inflation and out-of-pocket medical expenses, health insurance of ₹ 1 crore is becoming a trend in the insurance industry.

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Insurance Industry to Witness Rapid Growth, Say Experts

February 18 2017

Crop insurance is the primary factor for growth. Too many players in industry with little scope for consolidation in the near future, say experts.

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Lower Loan Rate with Home Insurance to Be a Reality Soon

February 16 2017

Soon home buyers will be able get reduced home loan rates by 0.5% if they opt for a home insurance.

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Demand for Cyber Insurance Rises as Cashless Transactions Increase

February 13 2017

With an increase in cashless transactions and rising incidences of cyber crimes, demand for cyber insurance will increase in the future.

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ICICI Lombard Health Insurance Record 35% Growth in Jammu and Kashmir

February 06 2017

ICICI Lombard has witnessed a growth of 35% in the group medical insurance scheme since the inception of the scheme in 2014.

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Indian Insurance Industry to Go Forward in Coming Years

January 30 2017

A recent survey by Dun and Bradstreet revealed that Indian insurance industry is likely to experience tremendous growth in coming years.

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Insurers Attract Customers with Digital Services and Health Points

January 26 2017

Insurers employ digital services to enhance the holistic customer experience and reduce the turnaround time and cost.

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Insurance Companies Seeking to Tap E-Wallet Potential

January 20 2017

With usage of online payments and mobile wallets on the rise, insurance of digital transactions is the next big thing.

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Road Ministry May Regulate Your Motor Insurance Premium

January 20 2017

If a recent inclusion in the Motor Vehicles Act gets approved then the Road Ministry will get to decide your motor insurance premium.

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