Non-life insurers saw healthy growth in gross premium collection
The industry saw growth of 18% by collecting new business premium of Rs.64000 crore in April-June 2023.
by Riddhima Bhatnagar Jul 16, 2023
IRDAI asks insurers to declare NAV of AIF holdings
Insurance companies are allowed to invest in category I and category II AIFs.
by Team Cafemutual Jul 2, 2023
IRDAI finds illegal general insurance company, issues caution
Fraudulent company Bhartiya Cooperative General Insurance sells crop insurance to farmers.
by Team Cafemutual Jun 29, 2023
ABSL Insurance launches a pension plan
The scheme offers assured income every month post retirement. The income flow can be started from 45 years of age.
by Team Cafemutual Jun 27, 2023
LIC and SBI Life lead in premium collection
While the total premium of LIC stands at Rs. 4.75 lakh crore, SBI Life reported Rs. 67,316 crore as on March 2023.
by Karishma Gagwani Jun 26, 2023
The new use and file norms make product approval easy: IRDAI
IRDAI believes that the move will bring innovation in the life insurance industry.
by Team Cafemutual Jun 25, 2023
LIC India launches a close ended single premium plan
The policy comes with maturity of 10, 15 or 18 years.
by Team Cafemutual Jun 25, 2023
How have life insurance companies performed in FY 22-23?
Life Insurance Corporation of India, SBI Life Insurance and HDFC Life Insurance emerge as strong players.
by Karishma Gagwani Jun 23, 2023
Soon life insurers may offer a term plan with health cover
Life insurers can launch a bundled product by tying up with other non-life and health companies without getting prior approval from IRDAI.
by Nishant Patnaik Jun 21, 2023
