Transfer of liabilities of around two lakh policies along with assets of Sahara Life is unlikely to have a major impact on SBI Life Insurance […]
Tag: Insurance
Future Generali to now let policy buyers customise their health insurance plans
Future Generali India Insurance today launched a new health insurance plan that can be tailor-made to address growing aversion of customers to inclusion of standardised […]
Life insurers see little impact from tax sop removal
Life Insurance Corp. of India (LIC) and other life insurers expect the impact of recent tax changes on high-value, non-participating policies to be minimal. LIC […]
IRDAI working on three-pronged approach to ensure ‘insurance for all by 2047’
IRDAI Chairman Debasish Panda on Thursday said the regulator is working on three-pronged approach — availability, accessibility and affordability — to ensure ‘Insurance for All […]
Irdai forms task force to facilitate ease of doing KYC using Aadhaar
Regulator Irdai has constituted a task force to facilitate ease of doing Know Your Customer (KYC) by insurers using Aadhaar, the 12-digit individual identification number. […]
Give banks capital leeway for insurance-backed trade finance products: IBA to RBI
Mumbai: To boost trade credit insurance penetration in the trade finance line of business, the Indian Banks’ Association has sought assistance from the Reserve Bank […]
GST violations case: Finance ministry refuses to act on insurers’ plea, refers matter to Irdai
The finance ministry has declined to intervene in a plea for relief made by the insurance industry, which is facing penal action from tax authorities […]
Insurance penetration cannot be done by merely crowding market with large number of players: AIIEA General Secretary Mishra
The government and insurance industry regulator IRDAI have been pitching for a greater insurance penetration but it cannot be done by merely crowding the market […]
Irdai proposes to tighten norms for media campaigns by insurers
Regulator Irdai is proposing to tighten norms for insurance advertisements by assigning higher responsibility on senior management of insurers in designing and approving media campaigns […]
Irdai asks insurance companies to lay down social media guidelines for employees
Regulator Irdai has asked insurance companies to lay down social media guidelines for their employees to ensure that no unverified or confidential information relating to […]