Outpatient expenses will be much higher than hospitalisation costs
ICICI Lombard General Insurance will be the first one to announce its results for the quarter ended June. It is scheduled to declare its numbers on July 17
Reinsurers are open to knocking on the doors of the finance ministry to seek reprieve from the current structure.
The product has been developed because of a requirement under the Real Estate Regulation and Development Act 2016 (RERA)
Respondents don't seek medical help due to high costs
IDBI Federal Life stake sale hit as shortlisted bidder Max Life withdraws bid.
Insurance premium's share in India's GDP has been stagnant for almost four years
The report said that India was still reeling under the impact of demonetisation and the GST tax reform
A vehicle owner needs a valid Pollution Under Control (PUC) certificate, without which they will not be sold a motor insurance
The standalone health insurer is up for sale and has evinced interest from a slew of PE investors.
The new deal comes at a time when the life insurance giant is slowly reducing its exposure to the stock market.
A PoSP caters to a customer looking for simple and basic insurance policies
The Securities Appellate Tribunal has been given additional powers to hear cases in the insurance sector as well.
In a March order, SAT had questioned a decision taken by IRDAI in a case
The merger of the three PSU general insurers, National Insurance, Oriental Insurance and United India Insurance will lead to rationalisation of staff
If you buy an incremental term insurance plan vs a normal term insurance, in that case, you pay a higher premium every year.
Actual verifications are never done of how physically fit a customer is
IRDAI has given its nod to LIC to hold upto 51 percent stake in IDBI Bank
IRDAI's rule, which limits investment by insurers in any company to 15 percent, will not be changed or scrapped, but a special consideration will be given to this deal
If approved by the regulator, this will mean that a fixed amount will be deducted from the bank account as premium for a health insurance policy
Insurers can also benefit from shared contributory databases which offer external data linkages for a more comprehensive customer view
LIC is in the race to acquire a substantial stake in state-run IDBI Bank
A health coach is primarily your wellness/fitness advisor who prods you to take that extra step to lead a healthier and fitter life.
LIC is looking to acquire real estate assets of IDBI Bank as part of the majority stake acquisition process.
The new MD has more than 22 years of experience in financial services and insurance