Falling growth in new business premium and increasing competition from top bank-promoted life insurance companies would force several insurers to rework their business models or look at mergers to survive.
Whenever protection of gold jewellery and other valuable items comes to mind people think of hiring a bank locker. That’s the safest way to keep your valuables
Claim settlement is the ultimate test for any life insurance company. The credibility of an insurance company lies in offering what it promised without any hassle or delay.
The proposed-two stage merger of private life insurer HDFC Life with Max Life and Max Financial Services will result in automatic listing of HDFC Life and create a merged entity with assets under management of over Rs one lakh crore.
The persistent volatility in the stock market during 2015-16 has put a stop on surrender of unit-linked insurance plans (Ulips), a problem that had been rampant in the past several years.
Insurance regulator Insurance Regulatory and Development Authority of India (IRDAI) board is likely to meet on June 30 to accord final approval (R2) to some foreign reinsurers to set up
You would soon be able to buy insurance policies through e-commerce companies. The Insurance Regulatory and Development Authority of India (Irdai) in its draft e-commerce regulations has
Insurance regulator Irdai has recognised web aggregators as insurance intermediary and amended the regulations governing them.
Limit of premium per risk/ per life of products sold on the web
With the entry of several fast-growing start-ups and hospital chains in the home healthcare space, insurance companies are keen on introducing specific products for the segment. However, lack of
HDFC ERGO General insurance is buying 100 per cent stake in L&T General Insurance Company for an all-cash deal of Rs 551 crore. The board of HDFC ERGO has
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