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Latest Articles in insurance sector
Max Life AUM Crosses Rs 1 Lakh Crore, Grows 6 Times In Over A Decade
The renewal premium income (including group) grew 15 per cent, taking a gross written premium to Rs 19,018 crore, up 18 per cent over the previous financial year.
Read MoreInsurance Business Rests On Conversations, Relationships & Trust
In a quick confab with the MD & CEO of Bajaj Allianz General Insurance, Tapan Singhel takes us through the insurance sector, how digital data and technologies are at their core, upcoming trends and more
Read MoreIrdai Slaps Rs 24 Lakh Penalty On Policybazaar For Violating Advertisement Norm
The web aggregator had sent SMS to about 10 lakh customers telling them that life insurance prices are set to increase from April 1 and that they could save up to Rs 1.65 lakh by buying a term plan.
Read MoreUS Lawmakers Welcome India's Move To Increase FDI In Insurance Sector To 74 Per Cent
India's Parliament last month passed the Insurance Amendment Bill 2021 to increase the foreign direct investment (FDI) limit in the insurance sector.
Read More‘Insurance Ombudsman’ Rule Amendment: Can It ‘Ensure’ Policyholders’ Trust ?
The Ombudsman mechanism is administered by the Executive Council of Insurers, which has now been renamed as the “Council for Insurance Ombudsmen”.
Read MoreBudget 2021: How Does It Augur For Insurance Sector ?
From the life insurance perspective there has been no positive proposal as such. The decision to keep high-value ULIPs or more with annual premium of Rs 2.5 lakhs or more out of income tax exemption has given a small set back only.
Read MoreADROSONIC partners with Riversand to devise and offer cloud-native MDM and PIM Solutions for Insurance Sector
ADROSONIC partners with Riversand to devise and offer cloud-native MDM and PIM Solutions for Insurance Sector
Read MoreDemand For Multi-Tasking Employees Growing In This Sector: Kristyl Pais Bhesania, Senior VP HR, TATA AIA Life Insurance Co. Ltd
Kristyl Pais Bhesania, Senior Vice President Human Resources, TATA AIA Life Insurance Co. Ltd talks to BW Businessworld and shares her views in detail on the job trends in the life insurance sector and the kind of talent that is sought out in this sector. Edited Excerpts
Read MoreBudget Expectations Of General Insurance Industry
Introducing Income Tax (IT) exemption for premium paid for home insurance and introduction of compulsory home insurance for a minimum basic sum insured
Read MoreWhy Digital Insurance Is Growing Rapidly In India
In spite of challenges which exist in the market, the online insurance market is growing by the day. Many projects are under way that will bring enhanced connectivity to rural areas of the country.
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