95% of Indians are under-insured, reveals a BigDecision survey
The report shows that consumers above 45 years of age are a high risk group and are less prepared for health emergencies.
by Team Cafemutual Nov 25, 2015
IRDAI allows 49% FDI in insurance distribution
However, insurance agents and brokers having over 50% revenue from non-insurance products like mutual funds cannot attract inflows from foreign partners.
by Team Cafemutual Nov 23, 2015
Finance Ministry asks IRDAI to ease its stand on SBI Life
The insurance regulator had imposed a fine of Rs.84 crore on SBI Life for flouting IRDAI norms.
by Team Cafemutual Nov 21, 2015
Banks status on multiple tie up model to be clarified by March 2016
IRDAI has asked corporate agents which include banks and NBFC to obtain fresh license to distribute insurance policies.
by Team Cafemutual Nov 20, 2015
