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Govt Mulls Merger of Oriental, National & United India Insurance

Govt Mulls Merger of Oriental, National & United India Insurance

Though it has not been finalised yet, the FM in consultation with insurance regulator Irdai is working on it tirelessly...

23 Nov 2025 7:20 PM IST

M&M Inks Life Insurance JV with Manulife

M&M Inks Life Insurance JV with Manulife

The vision of the joint venture is to become the #1 life insurance company for rural and semi-urban India, while also...

13 Nov 2025 9:36 AM IST

SC: Insurers Can’t Deny Accident Compensation Over Route Permit Violation

SC: Insurers Can’t Deny Accident Compensation Over Route Permit...

Top court says denying victims relief for technical breaches “offensive to justice”

30 Oct 2025 2:21 PM IST

HDFC ERGO, countrys third largest non-life insurance provider in the private sector.

HDFC Ergo, Tata AIG Join Other Insurers In Cutting Distributor...

“With the new guidelines in place, insurance companies are no longer eligible to claim ITC. This will lead to increase...

6 Oct 2025 10:48 PM IST

IRDAI wants insurers to sell to multiple bank customers

IRDAI wants insurers to sell to multiple bank customers

Mumbai: The insurance regulator is considering bringing in regulations to cap the share of a parent bank in the...

12 Dec 2024 9:55 PM IST

The exposure draft, if implemented, will be draconian to the insurance industry for various reasons. Persistency levels will fall, and margins from non-participating products will fall impacting profitability. Policyholders would be incentivised to surrender their policies and buy another policy thereby impacting persistency of the business. (Representational Image Source: picpedia.org)

Simplify terms and conditions in insurance policies to reduce...

New Delhi: Insurance companies need to draft the terms and conditions of the policy in a language that is simple and...

11 Nov 2024 4:21 PM IST

Data leaks: Irdai directs 2 insurers to conduct IT systems audit

Data leaks: Irdai directs 2 insurers to conduct IT systems audit

New Delhi: Insurance regulator Irdai has directed two insurers to carry out audits of their IT systems following...

21 Oct 2024 6:04 PM IST

The exposure draft, if implemented, will be draconian to the insurance industry for various reasons. Persistency levels will fall, and margins from non-participating products will fall impacting profitability. Policyholders would be incentivised to surrender their policies and buy another policy thereby impacting persistency of the business. (Representational Image Source: picpedia.org)

Insurers settle more health claims through cashless mode

Mumbai: More than half of the health insurance claims received by non-life and standalone health insurers are settled...

1 Jan 2024 11:03 PM IST