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M. Nagaraja Sarma has been appointed the chairman-cum- managing director (CMD) of the United India Insurance Company Ltd.Sarma is at present the ge
India's general insurers clocked over 32% jump in premium collection at Rs 11,931.01 crore in August this fiscal, Irdai data showed.
Standalone health insurance company Apollo Munich Health Insurance is looking to raise funds through the Tier II capital route.
In a bid to offer more choices to customers, regulator Irdai (Insurance Regulatory and Development Authority) has allowed all general insurers to s
Regulator Irdai has permitted usage of OTP or one time password for opening e-insurance account (eIA) as an alternative to electronic signature.
Bajaj Allianz General Insurance has launched a top-up health insurance plan Extra Care Plus. The product offers cover for pre-existing diseases and
One97 Communications, the parent of Paytm Payments Bank has entered the corporate agency business to sell policies of multiple insurance companies.
LIC has formally launched a new single premium plan, Jeevan Utkarsh, which offers a combination of protection and savings wherein the risk cover is
Private sector non-life insurer, Raheja QBE, has launched its first health insurance product to provide a solution to high medical inflation and fi
Life Insurance Corporation of India (LIC) is likely to get additional time to pare down its stake in companies where it has more than 15% stake.
Anil Ambani-controlled Reliance Capital has got an in-principle approval from the Insurance Regulatory and Development Authority of India (Irdai) t
the Manipal Group bought out TTK's stakes in CignaTTK Health Insurance. On the occasion Business Today's Mahesh Nayak spoke to Sa
Insurance Regulatory and Development Authority of India (IRDAI) has clarified that authentication of policyholders or clients by insurance companie
Automobile dealers would need to licence themselves as Motor Insurance Service Providers (MISP) with the insurance regulator, a new guideline by In
The Insurance Regulatory Development Authority of India is looking at capital commitment from professionals applying for general insurance licence
Thirteen Indian insurance companies have come together to use a blockchain-like technology to create a central repository of policyholder
Over 90 lakh farmers have benefited from the crop insurance scheme during the Kharif season last year and the Rabi season in 2016-17,
In the wake of recent massive malware attacks and breach of debit and credit cards, SBI General Insurance, a joint venture between SBI (74%) and In
In less than three weeks, three insurance firms, including HDFC Life, have filed draft papers for IPOs that together are estimated to be worth
Life Insurance Corporation (LIC) of India will seek guidance from the finance ministry's department of financial services on the position it sh
ICICI Lombard General Insurance has launched a live video inspection facility for quicker settlement of motor insurance claims.
Mumbai-based Cigna TTK Health Insurance Company Ltd has filed an application with the Insurance Regulatory and Development Authority to increase Ci
Eyeing full-fledged insurance business, Centrum Group plans to set up a standalone insurance company over the next three-five years through both or
State-owned general insurance company New India Assurance Co. Ltd (NIA) on Wednesday filed the prospectus for its initial public offering (IPO).
The standalone health insurance market in India is likely to grow at a compounded annual growth rate of 30 percent in an accelerated growth scenari
Bajaj Allianz General Insurance, the private general insurer, has launched DriveSmart Lite a free value-added service for all private car policy ho
In a bid to curb pollution, the Supreme Court today issued a slew of directions including that insurance companies will not renew insurance of a ve
The last date for filing IT returns for AY 2017-18 is over. But the system generated mails that have been flooding many a taxpayer’s in-box,
The Insurance Regulatory and Development Authority of India (IRDA) said its order directing the shotgun marriage of Sahara India Life Insurance Co.
Startups aspiring to be in the insurance space with private equity (PE) backing will need a `fit and proper promoter' -who has the ability to i
