IRDA defers implementation of standard proposal form by five months
The regulatory body has stated that the form will be introduced from April 1, 2014.
by Nishant Patnaik Aug 6, 2013
Life insurance premium rises with service tax implementation looming large
The new premium collection has increased on the back of the announcement by IRDA that separate service tax should be charged from new policy holders from October onwards.
by Nishant Patnaik Aug 2, 2013
General Insurers record 18 percent growth in new premium collection segment in Q1 FY13-14
Experts believe that the government’s social security programme and the increasing number of health insurance agents have driven the growth.
by Nishant Patnaik Jul 28, 2013
IRDA proposes major changes for web aggregator business
As per the draft report, the aggregator can be paid a fee not exceeding Rs 50,000 per year for displaying a product in the comparison charts on its website.
by Team Cafemutual Jul 26, 2013
IRDA slaps Rs 10 lakh fine on Max Life Insurance
The insurance company paid excess commission to Barclays Investment and Loans (India) for FY08 and FY09.
by Team Cafemutual Jul 24, 2013
IRDA accredits 3075 off-line agents training institutes
Over 95 percent of training institutes with accreditations are non-metropolitan cities.
by Nishant Patnaik Jul 18, 2013
New life insurance premium dips by 6 percent
Experts attribute this to falling saving rates and underperformance of ULIP products.
by Nishant Patnaik Jul 12, 2013
IRDA relaxes health insurance norms
Amendments in new health insurance norms draw mixed reactions from advisors.
by Nishant Patnaik Jul 4, 2013
IRDA penalizes Aviva Life Insurance Rs 20 lakh, IndusInd Bank Rs 5 lakh
Both companies have been asked to pay fines within 15 days from the date of order.
by Team Cafemutual Jul 3, 2013
Non-life insurers witness a healthy growth of 20 percent in premium collection
SBI General Insurance has registered a robust growth of 106.5 percent in new premium collection.
by Team Cafemutual Jul 2, 2013
IRDA defers health insurance product (group) re-filing deadline by 3 months
IRDA agrees to the request from insurance companies to extend the date.
by Team Cafemutual Jul 2, 2013
All about annuity products
Investment in annuity provides tax benefit up to Rs 1 lakh.
by Nishant Patnaik Jun 21, 2013
Need analysis in life insurance
Read on to find out how to calculate insurance needs of an individual.
by Nishant Patnaik Jun 19, 2013
Importance of life stage in insurance
Experts say that the need for life and health insurance evolves over the life span of an individual.
by Nishant Patnaik Jun 14, 2013
