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  • Insurance

    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
    Tata AIA Life launches a goal-oriented policy focussed on children wedding
    This is a hybrid product, which will offer capital protection and wealth creation.
    by Team Cafemutual Jan 31, 2025
    Insurance intermediaries must maintain records of their brokerage and complaints: IRDAI
    IRDAI has also asked insurers to maintain a business record of empanelled intermediaries like details of their employees, legal information and clients details.
    by Suhail ChaglaJan 27, 2025
    Despite decline in the number of policies sold, new business premium increase for life insurers
    LIC, SBI and HDFC record the highest new business premiums and sold the highest number of policies in April-December 2024.
    by Suhail ChaglaJan 25, 2025
    Tata AIA Life launches a goal-oriented policy focussed on children wedding
    This is a hybrid product, which will offer capital protection and wealth creation.
    by Team Cafemutual Jan 23, 2025
    Insurance penetration declines in FY 2024: IRDAI
    India stands at 25th rank in terms of global insurance penetration.
    by Suhail ChaglaJan 17, 2025
    Substantial growth in non-life, health commission in FY 2024
    Private insurers and standalone health insurers have hiked their commission expenses substantiallylast financial year.
    by Nishant PatnaikJan 13, 2025
    Life insurance becomes Rs.62 lakh crore industry
    In terms of AUM ranking, LIC, SBI and HDFC Life are the top three players.
    by Nishant Patnaik & Shweta ShuklaJan 3, 2025
    How much health insurers paid as claims in FY 2024?
    Health insurers paid Rs.7 out of the claim request of Rs.10 to policyholders in FY 2024.
    by Nishant PatnaikDec 30, 2024
    Life insurance agents make gross commission of 6% on insurance premium
    IRDAI data shows the life insurance industry paid Rs.51,524 crore to agents/intermediaries in FY 2024.
    by Nishant PatnaikDec 27, 2024
    Which life insurer is good in settling claims?
    Axis Max Life, HDFC Life and Aegon Life have healthy claim settlement ratio in FY 2023.
    by Suhail ChaglaDec 25, 2024
    Tata AIA launches a smart beta ULIP index fund
    The NFO opens on Dec 24 and closes on Dec 31.
    by Team Cafemutual Dec 24, 2024
    No GST on third party motor insurance premium soon
    Also, the GST council defers the reduction of GST on life and health policies.
    by Nishant Patnaik & Suhail ChaglaDec 23, 2024
    Which general insurers are brokers favorites?
    ICICI Lombard leads in four categories in a survey by IBAI.
    by Suhail ChaglaDec 20, 2024
    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.