Insurance - Cafemutual.com

Insurance industry eyes massive IPO collections

Medi Assist Healthcare Service (Third party administrator), PB Fintech (Online distributor) and Star Health & Allied Insurance (Insurer) have applied with SEBI to issue IPOs.

by Karishma Gagwani Sep 4, 2021

New India Assurance, Star Health and United India are top 3 health insurers

by Team Cafemutual Sep 3, 2021

Agents hold 75% share in retail health insurance business

There is a strong co-relation between retail business growth of health insurance companies and increase in number of agents, says Star Health’s draft IPO prospectus.

by Abhishek Kumar Aug 17, 2021

Aditya Birla Sun Life Insurance launches Guaranteed Annuity Plus

The annuity plan offers pre-defined cash flow to beneficiaries.

by Team Cafemutual Aug 14, 2021

‘Insurance premium collection to grow five fold in 10 years’

Policybazaar’s IPO filing projects premium collection to touch Rs.39 lakh crore by FY 2030.

by Abhishek Kumar Aug 6, 2021

Online insurance platform fined Rs.1 crore for unethical sales practices

IRDAI found that renewbuy.com solicited business through unauthorized agents.

by Team Cafemutual Jul 6, 2021

67% of investors want to invest in ULIPs: Bajaj Allianz Life

A study by Bajaj Allianz Life shows that life insurance is the most preferred financial product amongst investors to plan long-term life goals.

by Team Cafemutual Jul 6, 2021

Insurance intermediaries will have to buy professional indemnity policy

Individual agents have been exempted from buying professional indemnity cover.

by Team Cafemutual Jul 5, 2021

Tata AIA life extends covid insurance coverage to its agents

Over 41,000 insurance intermediaries will benefit from this move.

by Team Cafemutual Jun 25, 2021

‘General insurance industry to grow by 7-9% in FY22’

Health and motor will drive this growth.

by Team Cafemutual Jun 21, 2021

Despite pandemic, life insurance industry adds 1.77 lakh agents in FY 2021

Currently, there are close to 25 lakh insurance agents in India.

by Team Cafemutual Jun 15, 2021

PFRDA allows transaction in NPS through NACH mandate

With this, transaction in NPS will get easier.

by Team Cafemutual Jun 11, 2021

Agents urge FM to reduce GST on health policies

Close to 11 lakh health insurance agents have submitted a memorandum through their association requesting reduction of GST rate from individual health policies.

by Bhakti Makwana May 27, 2021

Policybazaar.com fined for misleading policyholders

IRDAI has penalised the insurance web aggregator for violating advertisement rules.

by Team Cafemutual May 22, 2021

Three trends that will drive insurance industry’s growth

Indian insurance sector is presently at the cusp of a transformation, said Subhash C Khuntia, Chairman, IRDAI

by Team Cafemutual May 15, 2021