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  • Insurance

    IRDAI asks insurers to expedite coronavirus claims
    Insurers will have to update IRDAI on status of claims related to coronavirus every fortnight.
    by Vidyut Deshpande Mar 26, 2020
    Your clients gets one more month to renew insurance policies
    IRDAI extends deadline to pay premiums amid coronavirus lockdown.
    by Vidyut Deshpande Mar 25, 2020
    IRDAI defers agents’ exams and training till 31st March
    Move made keeping the coronavirus pandemic in mind.
    by Vidyut Deshpande Mar 24, 2020
    Two general insurers launch health insurance policy to cover coronavirus
    Star Health and ICICI Lombard have launched health policies that offer protection against Covid-19.
    by Team Cafemutual Mar 21, 2020
    Life insurance AUM grows to over Rs.35 lakh crore in FY 2018-19
    AUM growth is largely due to new business, consistent renewals and mark to market gains.
    by Vidyut Deshpande Mar 18, 2020
    Over 1 lakh agents join life insurance industry in one year
    LIC India added 44,294 agents while private insurers added 67,716 agents as on January 2020.
    by Team Cafemutual Mar 15, 2020
    IRDAI to allow a hike in third party motor insurance premiums
    The insurance regulator has proposed hiking third party motor insurance premium rates by 5%.
    by Team Cafemutual Mar 11, 2020
    IRDAI asks insurers to expedite claim settlement procedure related to coronavirus
    Insurance regulator directs insurers to introduce specific policies that covers rapidly spreading diseases like coronavirus.
    by Vidyut Deshpande Mar 9, 2020
    General Insurance Council launches “Faayde Ki Baat” campaign
    Retail non-life policies such as home, health and motor vehicle insurance, both third party liability and own damage are focus areas for this campaign.
    by Vidyut Deshpande Mar 6, 2020
    Rs. 20,823 crore commission paid to insurance agents in Apr-Dec 2019
    The gross commission of agents has increased by 14.6% year on year.
    by Vidyut Deshpande Mar 4, 2020
    Soon, life insurance companies may sell health insurance policies
    IRDAI sets up a committee to review feasibility of allowing life insurance companies to offer indemnity based health insurance policies.
    by Team Cafemutual Feb 28, 2020
    You will need specific certification to sell ULIPs
    As per IRDAI norms, insurance agents have to get mandatory certification and training to sell ULIPs.
    by Team Cafemutual Feb 24, 2020
    ICICI Prudential Life promises to settle death claims in 1 day
    Provided such policies complete three years and claim amount does not exceed Rs.1.50 crore.
    by Team Cafemutual Feb 18, 2020
    IRDAI eases pre-existing ailment norms in health insurance
    The insurance regulator has modified definition of pre-existing diseases.
    by Vidyut Deshpande Feb 14, 2020
    LIC India recruits over 1.14 lakh new agents in just a year
    Also, LIC India has achieved growth rate of 18% in terms of new policies sold.
    by Team Cafemutual Feb 13, 2020
    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.