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Insurance

IRDAI bars Sahara India Life Insurance from doing fresh business
The insurance regulator had recently taken over the management of the life insurer by appointing a run-off administrator to manage company affairs.
by Team Cafemutual Jun 24, 2017
‘Insurtech is the biggest concern for general insurers globally’
A recent PwC report found that digital disruption in the insurance industry is a big concern for non-life insurers globally.
by Team Cafemutual Jun 16, 2017
IRDAI takes charge of Sahara India Life Insurance
The insurance regulator has appointed an official to manage affairs of the life insurer with immediate effect.
by Team Cafemutual Jun 13, 2017
Help your clients receive unclaimed insurance amounts
Insurance firms (both life and non-life) are holding close to Rs.12,000 crore of unclaimed funds as on March 31, 2016.
by Team Cafemutual Jun 12, 2017
What threatens life insurers?
A recent PwC report found that low interest rates is the top concern for life insurers globally.
by Team Cafemutual Jun 9, 2017
HDFC Life-Max merger fails to get IRDAI approval
The insurance regulator says the merger deal violates the law that bars the merger of a life insurance firm with a non-life insurance business
by Team Cafemutual Jun 9, 2017
IRDAI reconstitutes its insurance advisory committee (IAC)
The committee looks into matters relating to investor protection, industry development and simplification of the regulations.
by Team Cafemutual Jun 7, 2017
Birla Sun Life Insurance’s new health policy covers heart and kidney
It is a traditional health insurance plan covering both cardiac and renal illness.
by Rosevina Gonsalves Jun 6, 2017
‘Robo is the biggest threat for insurance intermediaries globally’
A recent PwC report found that digital disruption in insurance distribution is the key concern for insurance brokers.
by Rosevina Gonsalves Jun 5, 2017
Intermediaries have to report resignation of sales representative to LIC or GIC
IRDAI issues guidelines for resignation of insurance sales persons (ISPs) registered with Insurance Marketing Firms (IMFs).
by Team Cafemutual Jun 1, 2017
DHFL to foray into general insurance business
It will be the 31st non-life insurer in the general insurance industry.
by Rosevina Gonsalves May 30, 2017
All you need to know about cyber insurance
Here is the answer to the many queries you have on cyber insurance coverage and premium.
by Rosevina Gonsalves May 29, 2017
New motor vehicle bill to expedite claim settlement process
The new motor vehicle amendment bill seeks to reduce the turnaround time in settling motor insurance claims and help the insurance industry limit their losses.
by Rosevina Gonsalves May 24, 2017
Insurance Ombudsman can now deal with claims up to Rs.30 lakh
An insurance Ombudsman deals with the disputes related to claim settlement, mis-selling, premium payment and legal construction of policy wordings.
by Rosevina Gonsalves May 23, 2017
Insurance premium set to increase from July 1
The government has kept GST rate at 18% for the insurance industry.
by Nishant Patnaik May 22, 2017