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    • Insurance

    Sat Pal Bhanoo is the interim CEO of LIC
    Siddharth Mohanty retired last week.
    Posted on Jun 13, 2025
    Should you recommend term policies offering coverage till 85-100 years?
    With insurers today offering term insurance plans that extend coverage up to 100 years, many clients are left wondering: What’s the ideal duration for a term plan?
    by Suhail ChaglaJun 3, 2025
    Dinesh Pant and Ratnakar Patnaik are the new MDs of LIC India
    Both Pant and Patnaik have been elevated to MD.
    by Team Cafemutual Jun 2, 2025
    FM asks PSU insurers to leverage AI to expedite claim settlement
    The minister has also asked insurers to use AI to develop precise pricing models.
    by Nishant PatnaikMay 30, 2025
    Guinness World Record: LIC sells a whopping 5.88 lakh policies in a single day
    Insurance agents have played a major role in this achievement.
    by Team Cafemutual May 26, 2025
    Rs.1 crore fine on Acko General for allegedly selling insurance through Ola Financial Services
    IRDAI says Acko paid commission to Ola Financial Services to sell insurance, which was not authorized to sell insurance.
    by Team Cafemutual May 24, 2025
    LIC enables premium payment through WhatsApp
    Policyholders can use the number 8976862090 to use this facility.
    by Team Cafemutual May 15, 2025
    Which life insurers record the highest first year premiums in FY25?
    Overall, the life insurance industry has received net premium of Rs.3.97 lakh crore in FY25.
    by Suhail ChaglaMay 11, 2025
    NPS accounts to be closed for those who renounce Indian citizenship without OCI card
    PFRDA issues new circular directing closure of NPS accounts for such individuals and transfer of funds to NRO accounts.
    by Suhail ChaglaMay 2, 2025
    Which insurer receives the highest health insurance premium in FY 2025?
    New India Assurance, Star Health & Allied Insurance and Oriental Insurance are the top three players in terms of health insurance premium collection in FY 25.
    by Suhail ChaglaApr 26, 2025
    40% of non-life policyholders find it difficult to understand life insurance policies
    Millennials are more likely to switch insurance companies for better deals.
    by Team Cafemutual Apr 21, 2025
    Life insurers pay 4% commission on ULIPs
    Tata AIA Life paid the highest commission, in percentage terms, to distributors for ULIPs in 2024.
    by Suhail ChaglaApr 21, 2025
    Narendra Kumar Bharindwal is the new president of Insurance Brokers Association of India
    Insurance Brokers Association of India (IBAI) has appointed Mohan Sriraman as the vice president.
    by Team Cafemutual Apr 15, 2025
    IRDAI imposes Rs.1.06 crore fine on Flipkart
    Flipkart redirected its customers to the website of another insurance agent.
    by Team Cafemutual Apr 9, 2025
    PFRDA appoints two new whole time members
    Randip Singh Jagpal and Sanjay Pandey are the new whole time members of the PFRDA.
    by Suhail ChaglaApr 7, 2025
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