by AIP Online Bureau | Jan 14, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy
On Budget expectations, Anup Rau, Managing Director and Chief Executive Officer of Future Generali India Insurance Company, said India’s insurance sector is poised for its most significant reforms to date New Delhi: Insurers are seeking tax benefits for buyers...
by AIP Online Bureau | Dec 23, 2024 | Indian News, Life, Non-Life
The incurred claims ratio for private sector general insurers, standalone health insurers and specialised insurers were at 76.49 per cent, 63.63 per cent, and 66.58 per cent, respectively, for 2023-24 as compared to the previous year’s ratio of 75.13 per cent,...
by AIP Online Bureau | Dec 12, 2024 | Banking & Bancassurance, Indian News, Intermediaries, Regulation
In some cases, parent banks of insurers are selling over three-fourths of the policy, the official, who did not wish to be identified, told reporters in Mumbai Mumbai: Insurance industry watchdog Irdai wants insurers to diversify their distribution channels and may...
by AIP Online Bureau | Dec 3, 2024 | Health, Indian News, Non-Life, Technology
PB Fintech had clarified that it’s planned foray into healthcare business is meant for aligning interests between insurers and hospitals that could enhance customer claims experiences and it has no plans to enter the hospital business or owning physical assets...
by AIP Online Bureau | Dec 3, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Regulation
Zero-coupon bonds could help insurance companies better manage their long-term liabilities, as they step up offerings of guaranteed savings products Mumbai: Indian insurers have asked the government to issue new sovereign debt instruments, including zero-coupon bonds,...
