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Industry News

General insurers reliant on investment gains to offset technical losses

May 31, 2019

India’s non-life insurance market is marked by continued reliance on realised and unrealised investments gains to offset technical losses, potential…

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IRDAI proposes substantial hikes in motor 3rd party insurance premiums

May 23, 2019

While proposing the revision in the third-party insurance premium rates, the regulator has also introduced some welcome features in the…

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Insurers prepare for claims from cyclone Fani

May 7, 2019

Insurers are preparing to manage claims arising from an extremely powerful cyclone which battered the eastern Indian state of Odisha…

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Government Owned General Insurers Lose More Market Share In FY2019

April 24, 2019

Public sector general insurance companies are losing market share, in terms of premium income, to their counterparts in the privately…

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IRDAI directs insurers to create standard health insurance product

February 22, 2019

IRDAI, the insurance regulator in India, has asked all non-life insurers to offer a standard health insurance product so that…

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Bill Gates congratulates Indian government for Ayushman Bharat Health Insurance scheme

February 2, 2019

Microsoft co-founder Bill Gates has congratulated the Indian government for the successful completion of the first 100 days of the…

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Trends in Insurance in India for 2019

January 15, 2019

Insurance is rapidly evolving and hence there is constant endeavour from IRDAI and insurance companies to upgrade the products, processes…

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Indian Insurance Regulator could liberalise Motor TPL pricing in 2020.

December 7, 2018

The insurance regulator has indicated that it would stop setting tariffs for compulsory motor third party liability (MTPL) insurance with…

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Ayushman Bharat – 3 Lakh People Benefit in 45 days

November 29, 2018

Finance Minister Arun Jaitley said on Tuesday, as many as 3 lakh poor people have benefited from Ayushman Bharat health…

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PM Narendra Modi Launches World’s Largest Health Insurance Scheme

September 24, 2018

Prime Minister Narendra Modi formally launched the world’s largest public health insurance scheme, Ayushman Bharat – Pradhan Mantri Jan Arogya…

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