General insurers cannot reject claims in absence of documents: IRDAI
In motor insurance, all insurers will have to give ‘pay as you drive’ as default option.
by Nishant Patnaik Jun 11, 2024
HDFC Life crosses AUM of Rs.3 lakh crore
The company has 33% exposure to equity.
by Team Cafemutual Jun 8, 2024
Sameer Bansal is the new MD & CEO of PNB MetLife
He was the Chief Distribution Officer of the company.
by Team Cafemutual Jun 7, 2024
IRDAI makes health policies more customer friendly
Now, policyholders will have a choice to utilize no claim bonus in the form of reduced premium or increased sum insured.
by Nishant Patnaik May 30, 2024
IRDAI appoints Satyajit Tripathy as Member - Distribution
Tripathy will be the Member of IRDAI till 2026.
by Team Cafemutual May 26, 2024
IRDAI likely to do away with the upfront commission of life insurance agents
IRDAI is reportedly looking at levelling commission structure throughout the policy term to improve persistency.
by Nishant Patnaik May 20, 2024
No discrimination between agents based on their size for payment of commission: IRDAI
IRDAI said that insurers cannot discriminate between agents based on their size or bargaining power to pay commission.
by Nishant Patnaik May 19, 2024
IRDAI issues guidelines for rural, social sector and motor third party obligations
All life and general insurers are required to have a minimum specified number of policies in rural, social sector and motor third party segments.
by Kushan Shah May 19, 2024
Tata AIA Life crosses AUM of Rs. 1 Lakh Crore
AUM doubles in less than 3 years.
by Team Cafemutual Apr 27, 2024
Life insurers add 2.76 lakh Individual agents in FY24
LIC added the highest number of individual agents in the last one year.
by Riddhima Bhatnagar Apr 24, 2024
