August 25, 2015
Insurers see payments banks (PBs), a new form of banks to be established in the country, as a boon as…
August 22, 2015
The Insurance Regulatory and Development Authority of India (IRDAI) has decided to allow banks to tie up with a maximum…
August 4, 2015
India has been ranked second only to Mexico on a list of the world’s kidnapping hotspots-ahead of Pakistan, Iraq and…
July 31, 2015
The Indian Home Ministry has written to various ministries asking them to look at insuring critical assets. The insurance cover…
July 24, 2015
More than 80% of Indians lack medical insurance cover, though there is expected to be increasing reliance on more expensive…
July 21, 2015
The Competition Commission of India (CCI) has imposed a total penalty of INR6,710.5 million on the four state-owned general insurance…
July 14, 2015
The government is considering allowing 100% ownership by foreign entities in insurance intermediaries, including brokers, despite opposition from the Insurance…
June 25, 2015
General insurance players in India believe that companies in the sector are likely to take a segmented or specialist approach…
June 19, 2015
Non-life insurance companies in India lose approximately 6% of their revenue annually due to fraud, according to Mr Sanjiv Kumar…
June 18, 2015
Around 30% of people polled in a survey bought home insurance even though 75% of them were aware that home…