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Life insurance AUM reaches Rs.33 lakh crore as on December 2017
Increase in new business premium and increased persistency ratio have helped the life insurance industry record 18% growth in its AUM.
by Team Cafemutual May 22, 2018
Life insurers pays out gross commission of Rs.16,000 crore in nine months
Commission payouts register a growth of 23%.
by Team Cafemutual May 16, 2018
Recommending a health plan to your client? Read this first
A suitable and transparent health policy can help your clients in their moments of distress
by Shreeta Rege May 15, 2018
Your clients can now invest up to Rs.15 lakh in Pradhan Mantri Vyay Vandana Yojana
Agents can earn up to 10 bps by distributing this scheme to their senior citizen clients.
by Team Cafemutual May 7, 2018
Subhash Chandra Khuntia is the new IRDAI chairman
Khuntia has succeeded TS Vijayan.
by Team Cafemutual May 2, 2018
Higher commission in life insurance help check agent attrition
LIC India adds 17,630 new agents while private insurers lose 23,500 distributors.
by Nishant Patnaik Apr 26, 2018
Here is how you can help clients link their Aadhaar with insurance policies
Since insurance companies do not have a centralised database, you have to ensure that you help your clients link their Aadhaar with insurance policies across different insurers.
by Team Cafemutual Apr 13, 2018
General insurers see 18% growth in new business premium last fiscal
But the overall industry growth has declined.
by Team Cafemutual Apr 11, 2018
‘The newer generation of ULIPs are directly comparable with MFs’
In an email interview Bismillah Chowdhary, Chief Investment Officer, Edelweiss Tokio Life Insurance shares his views on ULIPs as a long-term investment solution and his investment philosophy.
by Padmaja Choudhury Apr 10, 2018
Marginal or no hike in the third party motor insurance premium
IRDAI has kept the third party motor insurance premium rates either unchanged or hiked it marginally this year.
by Team Cafemutual Mar 29, 2018
Max Bupa Health takes robo route to market policies
Max Bupa Health Insurance introduces predictive artificial intelligence algorithm to personalized customer experience.
by Team Cafemutual Mar 22, 2018
Some more time to link Aadhaar with insurance policy
For fresh policies, insurers and agents have to ensure that clients link their Aadhaar with insurance policies within six months from the commencement of the policy.
by Team Cafemutual Mar 20, 2018
Insurers cannot reject claim on genetic disorder anymore
IRDAI has directed insurers offering health insurance policies not to reject claims arising out of genetic disorder.
by Team Cafemutual Mar 20, 2018
After two years of steep hike, marginal hike on third party premium this year
The insurance regulator has proposed a flat or marginal hike in third party motor insurance premium rates.
by Team Cafemutual Mar 7, 2018
Commission payout to agents emerges as a fraud-prone area: EY
Bribery, corruption, commission-related issues and conflict of interest with employees are some of the key concerns in this regard.
by Padmaja Choudhury Feb 28, 2018