Debt assets exceeded equity assets since insurance is a long term investment.
The insurer wants to improve penetration of term insurance in the country
Policyholders can compare products based on the features offered by the insurer and no contact details will be required.
Statistically, it is observed that most claims occurring within the first year of policy issuance have a higher tendency of being a fraud claim
LIC MD Sunita Sharma will retire in March, B Venugopal in May while Hemant Bhargava will retire in July 2019.
Foreign Exchange Management Act allows NRIs to buy any insurance plan that meets their requirements.
Sakshi Batra does a 3 point analysis on what's working for the sector and which insurer is the best bet for investors.
A cheaper health insurance policy may not always be the best policy for you
Sources told Moneycontrol that the new rates will be notified in the next few days.
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.
LIC has been losing market to private insurers, and now also has to turn around IDBI Bank
Purchasing adequate insurance coverage for businesses is important for risk management
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.
FDI rules allow foreign partners to hold upto 49 percent stake in an insurance venture
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.
The premium is paid by employer and a master policy is issued to the employer.
A series of major and minor incidents have contributed to the rise in insured losses
"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.
A series of air crashes have led to hardening of aviation insurance rates globally
Savings bank accounts specifically targeted at women come with extra features. But check if you really need them as they come with additional cost.
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?
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
The interns at IRDAI will be paid Rs 10,000 and last date to apply is March 31
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