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  • Insurance

    Couple undergoing surrogacy has to buy medical insurance for surrogate mothers: Govt.
    They will have to buy another policy during oocyte donation.
    by Nishant Patnaik May 15, 2023
    2.22 lakh new agents join life insurance industry in FY23
    HDFC. SBI and Bajaj Allianz overtake LIC to add the highest number of individual agents last financial year.
    by Nishant Patnaik May 14, 2023
    Life insurers collect 18% more premium in FY 2023
    LIC’s premium collection grows 17% whereas private insurers register 20% surge in the new business premium.
    Posted on May 12, 2023
    IRDAI asks insurers to set up advertisement committee
    The committee will review all advertisements and give suitable recommendation.
    by Team Cafemutual May 9, 2023
    EMIs of loan against life policies cannot be paid through credit cards: IRDAI
    However, payment of premium through credit card will continue to exist.
    by Team Cafemutual May 8, 2023
    ICICI Lombard records net profit of Rs.1730 crore in FY 2022-23
    Profit after tax (PAT) grows at 36% last year.
    by Team Cafemutual May 8, 2023
    Star Health books net profit of Rs. 619 crore in FY 2022-23
    The insurer has also appointed Anand Roy as the new CEO and MD.
    by Team Cafemutual May 1, 2023
    Insurance intermediaries to set up cyber security system: IRDAI
    Individual agents have been exempted from complying to the new norms on cyber securities.
    by Team Cafemutual May 1, 2023
    Agents will have to use insurers’ approved marketing content on their social media handles
    Many insurance companies have asked their agents not to use content on their social media handles, which are not provided by them.
    by Nishant Patnaik Apr 24, 2023
    This motor policy pays your clients the full value of their vehicle if it is stolen
    So far, insurers pay insured declared value (IDV) in an event of loss or theft. Typically, this amount is much lower than the actual cost of vehicles.
    by Team Cafemutual Apr 20, 2023
    Insurance is now Rs.59 lakh crore industry: IRDAI
    Read on to know what insurance CEOs have to say about increasing insurance penetration.
    by Team Cafemutual Apr 19, 2023
    Agents can play a key role in making ‘Insurance of all by 2047’ a reality
    IRDAI urges insurers to leverage network of Patwaris and Asha workers to distribute insurance
    by Nishant Patnaik Apr 16, 2023
    IRDAI brings uniformity in commission payment to agents and MISPs in motor insurance
    IRDAI brings uniformity in commission payment to agents and MISPs in motor insurance
    by Nishant Patnaik Apr 10, 2023
    80% life insurance clients want to meet their agents once every 6 months: Report
    The research done by Hansa Research reveals that high insurance premium is the prime reason for not buying life insurance policies.
    by Team Cafemutual Apr 7, 2023
    Insurers cannot discriminate between agents based on business size to pay commission: IRDAI
    This means insurance companies will have to pay commission uniformly across insurance intermediaries.
    by Nishant Patnaik Apr 7, 2023
    Cafemutual is an independent media platform and focuses on providing knowledge and information for the benefit of finance professionals. We do not promote any particular brand or asset category.