Page 11 - Insurance

Yes Bank impact on key insurance players explained in numbers, chart

The investment exposures of key insurance players have been hit by ratings downgrades

Oriental Insurance pegs capital need of around Rs 3000 crore in FY21

The actual growth plan would be finalized on the basis of capital support the insurer gets from the government

Rewiring insurance with tech to speed up underwriting and claims process

Most of the insurance providers have mobile apps, meant to provide customers easier access to the insurer

When concession is a penalty

The new optional tax regime is likely to become the only one available in a few years. This will affect real estate

Can insurance and vehicle ownership be in different names? Expert answers

Can you claim refund on a curtailed trip?

Non-life insurers' Jan premium collection up 7.2% at Rs 17,226 cr

The rest of the specialised PSU insurers -- Agricultural Insurance Company of India and ECGC Ltd -- reported 92 per cent spurt in total premium at Rs 1,051.73 crore during the month.

From auto to insurance, brands track the men on the FM radio trail

The growing band of male radio listeners is drawing in auto, insurance brands; changing the nature of the medium and traditional advertising patterns

Budget 2020: Bank's deposit insurance premia to rise by over Rs 28,000 cr

Bankers say move will not dent their balance sheets significantly, but will take up the matter with RBI, which they say can share some of the burden

LIC may become biggest firm by m-cap; valuation can hit Rs 10 trn: Experts

Finance Minister Nirmala Sitharaman on Saturday said LIC will be listed as part of the government disinvestment initiative

Irdai pitches for daily premium payment policies to promote micro-insurance

Micro-insurance is specifically intended for the protection of low-income people

Only a few proposals get Irdai nod under regulatory sandbox structure

Among the proposals approved, the health insurance segment has got 19 approved proposals.

Two recent Irdai orders show why the regulator needs to be given more teeth

Between January 7 and 8 Irdai rapped an insurance firm and a broker for violating norms - one for parking money with related firms, and another for out-and-out reinsurance fraud

Climate stress-tests, robo-cars and more in 2020

Changing weather patterns and urgent need to cut down emissions drastically will dominate discussions

Insurance to futures, China's $45 trn finance industry is set to open up

President Xi Jinping is seeking to cushion the world's No. 2 economy against the steepest slowdown since the early 1990s

Preference to GIC likely to continue in reinsurance business in India

As a rule, GIC Re is given preferential treatment in taking reinsurance risk.

MetLife agrees to pay $10 mn fine over how it decided clients were dead

The settlement follows a probe by the SEC into the company's failure to pay some workers' pensions, which MetLife disclosed in December 2017

IRDA gets close to 170 applications under sandbox, approvals by end of FY20

In May this year, the insurance regulator had come out with draft regulations for the creation of a regulatory sandbox in the insurance sector

Japan Post probe uncovers 9,000 cases of improperly sold insurance: Report

A Japan Post Insurance spokesman said the company was not the source of the report, and that the date to release the final report was not yet decided

Standalone products can offer more comprehensive coverage than bundled ones

Sometimes, the free personal accident cover makes a payout only in case of death due to accident and not in case of a permanent disability. This significantly reduces its usefulness

New India Assurance vs ICICI Lombard: Size fails to beat profitability

With segments such as motor, health, fire and crop insurance being the stronghold of both players, they have nearly the same product profile