insurance

Life insurers’ equity, fixed income assets jump 35% in 5 years

Debt assets exceeded equity assets since insurance is a long term investment.

HDFC Life Insurance looks to expand coverage via pre-approved sum assured

The insurer wants to improve penetration of term insurance in the country

Now, buy insurance online comparing product features, not price

Policyholders can compare products based on the features offered by the insurer and no contact details will be required.

Fraudulent insurance claims: How bonafide policyholders pay for them

Statistically, it is observed that most claims occurring within the first year of policy issuance have a higher tendency of being a fraud claim

Another round of vacancies to open up for senior leadership at LIC

LIC MD Sunita Sharma will retire in March, B Venugopal in May while Hemant Bhargava will retire in July 2019.

Can NRIs purchase life insurance in India?

Foreign Exchange Management Act allows NRIs to buy any insurance plan that meets their requirements.

3 Point Analysis | Non–life insurers post robust premium growth in February

Sakshi Batra does a 3 point analysis on what's working for the sector and which insurer is the best bet for investors.

Five things to keep in mind while buying a health insurance plan

A cheaper health insurance policy may not always be the best policy for you

Motor insurance pinch: Rates may go up by 20% in FY20

Sources told Moneycontrol that the new rates will be notified in the next few days.

Ensure minimal disruptions in insurance JVs: IRDAI tells PE firms

Unlike other sectors, insurance requires a longer gestation period. Further, the business is highly cyclical, leading to long periods of losses followed by one quarter of profit.

New LIC Chairman MR Kumar faces twin challenges

LIC has been losing market to private insurers, and now also has to turn around IDBI Bank

Insurers are risk management experts for companies

Purchasing adequate insurance coverage for businesses is important for risk management

InsureTech makes insurance purchase simple and customisable: COCO by DHFL General Insurance

Claim from insurance firm and employer not double compensation: Madras HC

Justice MV Muralidharan made the observation while dismissing two appeals from the National Insurance Company Limited, Tiruchengode, against the award of compensation by Commissioner for Employees Compensation at Coonoor, in two accident cases.

Marsh increases stake in India insurance broking entity to 49%

FDI rules allow foreign partners to hold upto 49 percent stake in an insurance venture

Reporter's Take | Aviation insurance losses at 5-year high

Jerome Anthony gets in conversation with Moneycontrol's M Saraswathy to find out more about aviation insurance and the recent loss incurred by the companies that provide insurance.

Explainer | Know your employee group term life insurance cover

The premium is paid by employer and a master policy is issued to the employer.

Aviation insurance losses in India at a 5-year high, touches Rs 2,500 crore

A series of major and minor incidents have contributed to the rise in insured losses

Health premiums on EMIs? Insurers broach idea to IRDAI

"We have sent a request to the regulator. Now, we will have to wait and see if this will be permitted and for which segment," said the chief executive of a large insurance company.

Aviation insurance premiums may rise by 15% due to Ethiopian Airlines crash

A series of air crashes have led to hardening of aviation insurance rates globally

Don't be fooled by Women's Day offers on savings bank accounts, look before you leap

Savings bank accounts specifically targeted at women come with extra features. But check if you really need them as they come with additional cost.

Should you opt for bank locker insurance by IFFCO Tokio GIC?

This policy aims to offer cover the loss caused to your valuables in the bank locker, such as jewellery and other such valuables. Is it really worth it?

Rakesh Jhunjhunwala may have pulled out of Star Health deal: Report

In August 2018, Jhunjhunwala was known to be in talks to hold 35 percent equity shareholding in Star Health with investment in the range of Rs 2,250-2,500 crore

IRDAI to offer maiden 3-month internship; here's how you can apply

The interns at IRDAI will be paid Rs 10,000 and last date to apply is March 31

Hedge your wealth against physical damage risks with insurance

A large proportion of people who have own damage motor insurance are not aware of a few critical add-ons. For instance, zero depreciation is a highly recommended cover