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  • Insurance

    Which states have the most life insurance agents?
    Uttar Pradesh has the highest number of life insurance agents.
    by Suhail ChaglaFeb 26, 2025
    NPS distributors can charge up to Rs.400 for bringing in new subscriber: PFRDA
    The pension fund regulator has updated the fee structure of Point of Presence for NPS.
    by Suhail ChaglaFeb 20, 2025
    LIC launches digital sales and support app for agents
    Agents can sell LIC policies completely online.
    by Nishant PatnaikFeb 20, 2025
    Brokers and agents drive non-life business
    While insurance brokers account for 37% of the total business premium, agents bring in 20% of the total non-life premium in FY 2024.
    by Nishant PatnaikFeb 20, 2025
    IRDAI allows funds to be blocked specifically for insurance premium payments through UPI
    The one-time mandate will be called the Bima – ASBA and will have to be implemented by March 1, 2025
    by Team Cafemutual Feb 19, 2025
    IRDAI’s online platform for agents will be live by April 2025
    First portal of Bima Trinity to be launched soon.
    by Suhail ChaglaFeb 18, 2025
    Which life insurer has the most loyal customers?
    Read on to know the persistency ratio of life insurers.
    by Suhail ChaglaFeb 18, 2025
    Which life insurers has settled the most claims?
    ICICI Prudential, Ageas Federal and Edelweiss Life are the top life insurers for claim settlement
    by Suhail ChaglaFeb 14, 2025
    55% of health insurance complaints are resolved in favour of policyholders
    Star Health, Care Health, and Niva Bupa receive the highest complaints among health insurance providers.
    by Nishant PatnaikFeb 11, 2025
    Which distribution channel drives life insurance business?
    While individual agents bring in 51% of the total individual new business premium, banks’ share is 33% in the individual new business premium.
    by Nishant PatnaikFeb 6, 2025
    Insurance agents can work with multiple insurers: Finance Secretary
    “With our proposal, agents can sell any product he wants,” said M Nagaraju, Secretary, Department of Finance.
    by Team Cafemutual Feb 5, 2025
    Finance Minister: FDI in Insurance to increase to 100%
    What does the industry have to say?
    by Team Cafemutual Feb 4, 2025
    Union Budget clears up ambiguity regarding ULIP taxation
    Investors investing more than Rs.2.50 lakh in ULIPs will have to pay capital gains tax on redemption proceeds.
    by Suhail ChaglaFeb 3, 2025
    Govt. reduces TDS on insurance commission to 2%
    The move will provide more funds at the disposal of over 30 lakh insurance agents.
    by Nishant PatnaikFeb 3, 2025
    IRDAI puts a cap of 10% hike per year in health insurance premium of senior citizens
    Non life and health insurers cannot discontinue senior citizen health policies without taking the regulator’s approval.
    by Suhail ChaglaJan 31, 2025
    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.