Insurer

Premiums and features sell policies, but claim settlement is what proves whether life insurance will actually protect a family.

Govt asks IRDAI to scale up inspections, penalise health insurers flouting norms

IRDAI has, so far, inspected six to seven insurance companies, covering both public sector and private players, with further checks planned in the coming months

Insurers shun FTX-linked crypto firms as contagion risk mounts

Insurers were already reluctant to underwrite asset and directors and officers (D&O) protection policies for crypto companies because of scant market regulation and the volatile prices of Bitcoin and other cryptocurrencies.

Govt seeks private sector chief to lead state insurer: Sources

A private sector appointee to lead India's largest insurer, which manages 41 trillion rupees ($500.69 billion) in assets, would be a first in its 66-year history.

Ahead of LIC IPO a look at some worrying spots

While the cheap valuation compared to peers is a positive, losing market share to peers, not all decisions taken by the largest life insurer in the country being sync with shareholders’ interests, weak digital presence, and accumulated losses of Rs 6,028 crore are worrying some analysts

Sompo Japan to buy Endurance Specialty for about $6.5 billion

The deal, which could be valued at about USD 6.5 billion, will be announced as soon as Wednesday, the Nikkei said.

Why you should buy life insurance online?

It offers insurance buyers wide options that help them zero on cheaper solutions in a stress free environment.

HDFC Life gets nod to up foreign partner stake, may list in FY17

FIPB today cleared Standard Life's proposal to stake in the insurance joint venture by 9 percent with HDFC for Rs 1,700 crore.

Here is how Insurance Act protects policyholders‘ interests

Various provisions of insurance act ensure that the interests of the policyholders are not compromised in any situation, even if insurance company becomes insolvent.

Reliance Life eyes higher profits in FY14

Reliance Life is the only company among the top 10 private insurers which achieved profits without having a bank partner.

HDFC Standard Life trims losses, eyes breakeven in FY12

HDFC Standard Life is all set to break even its business in FY12. The company has trimmed losses to Rs 77 crores in FY11 versus a Rs 275 crore loss in the previous year.

Nippon Life to invest $724m in Reliance Life: Source

Nippon Life Insurance Co plans to buy a 26% stake in Reliance Life Insurance for about 60 billion yen (USD 724 million), a source with knowledge of the matter said, the latest move by a Japanese insurer to expand overseas.