Insurance

ICICI Lombard launches 14 new products across health, motor and corporate segments.

The insurance regulatory will soon overhaul commission structure of insurance agents and intermediaries to bring uniformity in payment of commission across life, general and health policies.

The calculator takes all aspects of current lifestyle like health habits, exercise frequency, smoking and so on to evaluate the right coverage for policyholders.

If no claim is made, customer can avail another 5% discount on annual premium.

Encouraging the open architecture framework, IRDAI has proposed that corporate agents like banks can have tie up with 9 insurance companies whereas insurance marketing firms (IMFs) can increase their tie ups to 6 insurers.

IRDAI has clarified that it will take decision only after consulting with all stakeholders.

Currently, Asit is the CEO of Prudential Myanmar Life Insurance.

Currently, Asit is the CEO of Prudential Myanmar Life Insurance.

National Consumer Disputes Redressal Commission has asked the insurance regulator to issue new guidelines on the conduct and responsibilities of insurance agents.

IRDAI allows life insurers to follow ‘use and file’ norms.

LIC India believes that traditional distribution channel of individual agents and banks work better in insurance distribution industry.

The insurance sales person can simply visit www.envoy.iib.gov.in to deactivate their license.

IRDAI has added over 13 new diseases under critical illness policies.

IRDAI allows health insurers and general insurance companies to follow ‘use and file’ norms.

Insurance behemoth reports a profit of Rs. 4,000 crore, revenue rises 6% to Rs. 7.20 lakh crore.