Insurance

How have life insurance companies performed in FY 22-23?

Life Insurance Corporation of India, SBI Life Insurance and HDFC Life Insurance emerge as strong players.

by Karishma Gagwani Jun 23, 2023

Soon life insurers may offer a term plan with health cover

Life insurers can launch a bundled product by tying up with other non-life and health companies without getting prior approval from IRDAI.

by Nishant Patnaik Jun 21, 2023

IRDAI asks insurers and intermediaries to report cyber incidence within 24 hours

Agents have been exempted from following cyber security guidelines.

by Team Cafemutual Jun 18, 2023

IRDAI introduces a single point of communication for insurance intermediaries

Intermediaries like brokers, insurance marketing firms and web aggregators can seek new registration, NOC and make renewal request through the dedicated email.id.

by Team Cafemutual Jun 16, 2023

SAT stays IRDAI’s order to transfer business of Sahara Life to SBI Life

The tribunal said that it does not find any reason for urgency in transferring business after five years.

by Team Cafemutual Jun 14, 2023

Go Digit gets IRDAI’s go ahead to launch life insurance business

With this, the number of life insurers will go to 26.

by Team Cafemutual Jun 13, 2023

IRDAI transfers Sahara Life’s business to SBI Life

The transfer has to be completed within one year.

by Team Cafemutual Jun 5, 2023

Future Generali offers customization in health insurance

The company offers 17 features and 20 optional covers along with a standard base policy

by Team Cafemutual Jun 2, 2023

IRDAI to facilitate lifetime distribution license for intermediaries

With this, intermediaries can opt for perpetual distribution license to sell insurance policies.

by Nishant Patnaik May 28, 2023

LIC India retains close to 50% of the total policies sold even after 5 years

The company has persistency ratio of 50% in the 61st month in terms of policies sold.

Posted on May 25, 2023

Raheja QBE General Insurance appoints Rajeev Dogra as the new MD & CEO

Rajeev is working with the company since 2011.

by Team Cafemutual May 22, 2023

HDFC Pension’s AUM cross Rs. 50,000 crore

The company has over 15 lakh NPS subscribers.

by Team Cafemutual May 20, 2023

Agents and brokers to facilitate eKYC/KYC to onboard new clients: IRDAI

IRDAI will simplify KYC norms to ease the onboarding process.

by Nishant Patnaik May 18, 2023

IRDAI constitutes an expert committee on mental health and insurance

The committee will study matters related to mental health insurance.

by Team Cafemutual May 17, 2023

ICICI Pru Life introduces debt fund like features in ULIP

Investors will continue to get tax benefits available to ULIPs.

by Team Cafemutual May 15, 2023

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