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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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Insurers Seek Three-Fold Hike In Premium Under PM Scheme

February 06 2018

Insurance companies are seeking a three-fold hike in insurance premium under PMSBY that has seen a claim-ratio of 200% in first three years of operation

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South India Moves Ahead Of North In Health Insurance Coverage

February 05 2018

The government’s recent National Family Health Survey found that southern states of India had better health insurance penetration than northern parts

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Insurance Penetration In India Rose To 3.49%: Economic Survey 2018

January 30 2018

The economic survey of India, 2018, states that the insurance penetration in India has risen to 3.49% in 2016-17 from 2.71% in 2001

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Insurance Cover for Insolvency Professionals to Cover Kidnapping

January 29 2018

With stressed loans being cleaned up by banks, insurers are designing products that will cover insolvency professionals against kidnapping and ransom

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New Broker Regulations Coming Soon, Says IRDAI

January 25 2018

The growth in insurance industry has called for new broker rules with technology as a focal point, says chairman of IRDAI

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55% Households In India Don’t Seek Healthcare From Public Sector, Says Survey

January 24 2018

The National Family Health Survey says that Indian households are preferring getting themselves treated from private clinics

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Uninsured Two-Wheelers To Incur Premium Dues Of ₹52k Crore By 2025

January 18 2018

The estimated loss from at least a third-party insurance premium for two wheelers is expected to go up to ₹52,000 crores by 2024-25

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Insurance Regulatory Chief Calls For Standardization Of Healthcare Costs In Cities

December 20 2017

IRDAI chief T.S Vijayan bats for standardized rates in healthcare costs in hospitals and health insurance sectors at least within the same city

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Wearable Smart Gears To Lower Insurance Premiums By 15 per cent

December 19 2017

Health data insights from wearable devices will help insurers identify customers leading a healthy lifestyle and reward them by lowering premium up to 15%

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Healthcare Insurance Key For MSME Workforce

December 18 2017

Group health insurance policies are required in the MSME sector, could significantly boost productivity, says study

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