Insurance

Global insurance broker Howden said it has received insurance regulator Irdai's approval to raise its stake from 49% to 100% in its Indian arm

The first-ever standalone product in this space will provide Rs 25,000 for virtual consultations with therapists, psychologists and life coaches, and up to Rs 1 lakh for hospitalisation

Changes introduced by the government in the claim settlement process have led to quicker and easier settlement of claims during the pandemic, Finance Minister Nirmala Sitharaman

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While LIC policyholders are entitled to Rs 60 discount over the issue price, the retail investors will be offered the issue at a discount of Rs 45 per equity share

The committee has suggested that the insurers should be allowed to adopt a modular approach using various permutations and combinations for Combi MI (Micro Insurance) products.

The latest funding round has valued Turtlemint at more than $900 million.

Accordingly, the limit of 25% of investment assets stands revised to a limit of 30% of investment assets

Under new policy, Air India can't fly in Russia, Ukrainian airspace due to war

Online channels have demonstrated exponential growth over the last few years, especially after the pandemic

In FY22, life insurers post 13% growth in new biz premium, compared with 7.5% growth in FY21

Pinbox works to address friction and accessibility challenges in delivering micro pension and insurance solutions to underserved informal sector workers, ADB Ventures said in a statement

For more than two decades, TCS has partnered with states across the US to transform unemployment insurance systems

Public sector insurers lodged Covid-19 related health insurance claims worth Rs 17,537 crore till December 2021 and more than 93 per cent of the cases were settled, Parliament was informed on Monday.

Mainland China-based insurtechs raised $673.7 million in 2021 and $1.42 billion in 2020.

The demand for term products is always there. The problem is the supply: Policybazaar.com CEO

The position of Irdai chairman was vacant for a period of over nine months, ever since Subhash Chandra Khuntia demitted office in May 2021

The efficiencies resulting from making insurance products and processes digital can be passed on to customers through more affordable premiums

NBP is the premium acquired from new policies for a particular year

The finance minister in her Budget speech this year had said that surety bonds can be used as a substitute for bank guarantees for government procurement