Insurance

FM, IRDAI Chief express concerns over mis-selling of insurance by banks

Both said that banks should focus on core activities and ethical selling.

by Team Cafemutual 16 hours ago

Galaxy Health Insurance launches its first product

The company will not change the premium amount till the policyholder turns 55 or makes a claim.

by Team Cafemutual Nov 16, 2024

Insurance industry needs close to 1 crore agents: IRDAI

IRDAI chairman Debasish Panda said that the insurance industry needs triple the number of agents to service the increasing demand for insurance.

by Nishant Patnaik & Suhail Chagla Nov 11, 2024

Who are the top non-life players across business segments?

Currently, the top ten players account for 68% of the total premium collection.

by Nishant Patnaik and Suhail Chagla Nov 11, 2024

Life insurance AUM reaches Rs.68 lakh crore: IRDAI

The insurance regulator gives highlights of the business performance of the insurance industry.

by Nishant Patnaik Nov 8, 2024

Who are the top players in health insurance?

The New India Assurance, Star Health & Allied Insurance and Oriental Insurance Co are the market leaders in health insurance.

by Nishant Patnaik & Suhail Chagla Nov 7, 2024

Niva Bupa Health Insurance to go public

The health insurer to offer price band of Rs.70 to Rs.74.

by Team Cafemutual Nov 6, 2024

HDFC Life, LIC and Tata AIA Life add highest number of agents in April-Sept 2024

The life insurance industry has added 1.33 lakh agents in the first six months of FY 2025.

by Kushan Shah Nov 5, 2024

Insurers likely to do background checks of agents and intermediaries

IRDAI has also proposed to monitor the performance and business trend of their agents and intermediaries.

by Nishant Patnaik Oct 26, 2024

IRDAI’s online platform for agents is ready for a soft launch

Debashish Panda, Chairman, IRDAI said that the insurance regulator will soon launch the Bima Trinity.

by Nishant Patnaik Oct 24, 2024

Claim experience has to be enhanced: IRDAI

Debasish Panda, Chairman, IRDAI advised insurers to make their claim settlement process swift, transparent and hassle free.

by Nishant Patnaik Oct 23, 2024

IRDAI admits data leak issues with two insurers

The insurance regulator has issued advisory to the insurance industry.

by Nishant Patnaik Oct 21, 2024

Niva Bupa Health to raise Rs.3000 crore through IPO

Health insurer Niva Bupa gets Sebi nod for IPO.

by Team Cafemutual Oct 21, 2024

Rs.1 crore fine on insurance broker for not remitting premium amount to insurers within timelimit

The insurance broker has to remit the premium amount received from clients to the insurance companies within 15 days.

by Nishant Patnaik Oct 17, 2024

Prasun Sikdar is the MD and CEO of Bima Sugam

Bima Sugam is a digital platform that will enable investors to buy, renew, port and make claim requests completely online.

by Team Cafemutual Oct 16, 2024

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