General Insurance premium collection growth continues to dip
New business premium collection in non-life business dips to 14 percent in April-Sept 2013, when compared with April-Sept 2012.
by Team Cafemutual Nov 25, 2013
Cigna TTK gets IRDA’s approval to carry out health insurance business
With this, the total number of general insurance companies goes up to 28.
by Team Cafemutual Nov 19, 2013
Life insurance registers 7 percent growth on the back of ‘aggressive’ sales pitch
Experts say many insurance companies and agents had sold policies by misguiding people about new product guidelines till September.
by Nishant Patnaik Nov 15, 2013
IRDA allows insurers to accept UIDAI’s e-KYC for KYC Verification
UIDAI information valid for proof of identity and address
by Team Cafemutual Oct 22, 2013
PolicyBachat gets web aggregator license
8th player to get such license
by Team Cafemutual Oct 22, 2013
IRDA proposes life insurance cover for HIV/AIDS infected persons
Insurance companies cannot reject claims of HIV positive policyholders who were HIV-negative on the date commencement of contract, proposes IRDA.
by Team Cafemutual Oct 15, 2013
Deadline for new products norms extended to Jan 1
IRDA extends the deadline from October 1 in response to the insurers’ representations.
by Team Cafemutual Oct 1, 2013
No free look on health insurance policies of tenure of less than a year
Now, all health insurance policies with tenure of less than a year would not have a free look facility.
by Nishant Patnaik Sep 30, 2013
Growth in general insurance business on declining path since start of FY 2013-14
Slowdown in automobile, infrastructure and steep discounts hurt the industry.
by Nishant Patnaik Sep 30, 2013
Here’s how insurance policies will look in their new avatar from October 1: Part II
ULIPs will have portability facility, traditional policies come with increased death benefits and health insurance schemes will provide bonuses on unclaimed policies from October 1.
by Nishant Patnaik Sep 26, 2013
IRDA slaps a fine of Rs 5 lakh on Punjab & Sind Bank for receiving excess commission
The PSU bank has received an additional commission of 5.19 crore in the form of infrastructure support, advertisement and publicity expenses during the FY 2011-12.
by Team Cafemutual Sep 25, 2013
Here’s how insurance schemes will look in their new avatar from October 1
New products will reduce commission payouts and increase the surrender value.
by Nishant Patnaik Sep 25, 2013
Only single KYC will be required to buy multiple insurance policies
e-Insurance accountholders need not submit KYC after the first insurance policy.
by Team Cafemutual Sep 22, 2013
Max Bupa to flag off ‘Walk for Health 2013’ in Delhi and Mumbai
The health awareness drive will be carried out on October 20, 2013.
by Team Cafemutual Sep 17, 2013
ICICI Prudential Life launches ICICI Pru Easy Retirement
The product can be purchased online.
by Team Cafemutual Sep 17, 2013
