It is estimated that 30-40 percent of crops are destroyed annually due to attacks by wild animals in India
Companies will make it very tough for policyholders to be admitted into the health insurance framework
Initial estimates suggest that the combined entity formed by merging the three insurers will be the largest non-life insurance company in India, valued at Rs 1.2-1.5 lakh crore
Ageas will acquire 40 percent in Royal Sundaram General Insurance from Sundaram Finance
When it comes to health insurance, it pays to know the nitty-gritties of the policy you have chosen
To minimise the risk of financial loss, your insurance cover should offer protection for not only your possessions, income but also, for the loved ones.
Under RERA Act, developers are mandated to buy insurance for protection against litigation on property titles
The bank said that they have taken this decision after the government announced PSB reforms to conserve capital
This will help them gain early information on crop losses that can be used to alert farmers
At a later stage, the company will look at having tie-ups with virtual assistant to fill out the policy forms
MobiKwik users will be able to choose and purchase from a range of life insurance and general insurance products.
Multi-trip travel insurance is ideal for businessmen, corporates or entrepreneurs who keep travelling for work or individuals travelling more than 3 times a year.
IRDAI has given GIC Re the first preference in reinsurance treaties
Moneycontrol's M Saraswathy gets in conversation with Bhargav Dasgupta, MD and CEO, ICICI Lombard General Insurance to discuss the changing landscape of the insurance industry.
The body has demanded a personal accident cover of Rs 25 lakh from PSU insurers for all agents
Take a look at what you need to keep in mind while claiming health insurance.
Financial literacy at a young age would include learning basics of things like income, expenses and savings, insurance and its purpose and now money works for you
General insurers may be given flexibility to set product duration and introduce tech-based solutions in motor products
The Insurance Leader at EY said that the idea is to move away from a traditional optimisation model to a data-rich environment managed by data scientists.
The insurer must settle health insurance claims within 30 days from the day that you submit all necessary documents.
At present, no reinsurance support has been given under the scheme and discussions are still underway.
It is important to opt for a financial instrument which offers the dual benefit of investment and protection
“For certain ailments such as hypertension, diabetes, and cardiac problems, the waiting period will be reduced to 30 days.”
The reinsurer will start making provisions for this exposure from Q3 onwards
A little over a third (37 percent) respondents believed cyber-attacks are highly prevalent now