Insurance News

Insurance Regulatory and Development Authority of India (IRDAI) has set up a committee to make a decision on the order of preference in reinsu

The Andhra Pradesh government plans to introduce a family health insurance scheme in the state from January 1.

IRDAI Insurance products generally cover hospitalization expenses including expenses on medicines and drugs during hospitalization in accordance wi

In a weird, truth is stranger than fictional account, a life insurer in the city refused to compensate a bereaved family stating that the policyhol

The Bombay high court has upheld a warrant for the attachment of the property of New India Assurance Company Limited, which deducted TDS (tax deduc

Bharti AXA General Insurance on Thursday launched a long-term two-wheeler policy to increase convenience to customers.

Indians living outside can buy health or general insurance in foreign currency irrespective of the currency for settlement claims, the Reserve Bank

Life Insurance Corporation of India is not accepting currency in the denomination of Rs. 500 and Rs. 1,000 for payment of premium.

As the name suggests, ‘Instaclaim’ will provide claim approval to Max Life customers in case of eligible policies within one day from t

The general insurance industry is seeking a time-limit of one year for filing claims under motor third party policies from the&

Insurance regulator Irdai today posed reservations on the present form of amalgamation of Max India and HDFC Life into a single entity.

Railways has offered Rs 4 lakh accidental insurance coverage to season ticket holders and suggested all daily commuters to avail the facility and a

Cash-carrying companies are seeking higher insurancecover after  the government scrapped Rs 500 and Rs 1,000 notes.

In the next step towards meeting an April 1, 2017 deadline to implement the Tax reform GST Bill, on September 12 the Union Cabinet approved the set

The sector regulator has specified the condition under which a Point-of- Sales Person (PoSP) is allowed to selllife insurance p

Insurance companies that depend on distributors and agents to sell their policies could see their business slump in the next few months as their ma

Irdai has asked all life insurers to flash public notice prominently on homepage of their websites while TV commercials need to run the message for

you have 50 days time to exchange / deposit your old notes in banks / post office and lower denomination notes and coins will remain legal tender.<

The Employee's State Insurance Corporation (ESIC) today launched 'Kahin Bhi-Kabhi Bhi' medical service for its insured in the Delhi reg

The Cabinet is likely to take a call on the final contours of listing of PSU general insurance companies this month, a finance ministry official sa

GIC Housing Finance today said S Gopakumar, general manager with Oriental Insurance Company, has been appointed as Managing Director of the company

SBI Life Insurance, a socially inclined life insurance company through its CSR outreach has extended its support to Red Cross Blood Bank, by provid

Following the data theft that impacted 32 lakh debit cards recently, insurers see surge in demand for cyber insurance and have warned of

A PIL seeking inclusion of people afflicted by HIV and AIDS in life and health insurance policies with all consequential benefits today led the Del

Insurance might come under the 12% tax slab in the goods and services tax (GST) regime to be implemented from April 1, 2017, sources said. The sect

Insurance regulator Irdai has given preliminary approval to five foreign reinsurance players as part of the elaborate licensing process.

The Ministry of Health has made a plea to the Finance Ministry that the government should not own any stake in tobacco firms, said Health Secretary

US insurer Metlife Inc plans to exit its India insurance venture to concentrate on its home market where challenges are mounting. The Indian ventur

Non-life insurance companies posted an 86.18% jump in their gross direct premium income underwritten (gross premium income) at Rs 14,950 crore

Private life insurer Tata AIA Life Insurance today announced the launch of 'Revive', an initiative to reinstate lapsed insurance policies.<