Home » insurance industry

You Searched For "insurance industry"

A top IRDAI source told Financial Chronicle that the meeting was held in Hyderabad on February 19 and it was attended by 26 chairmen of both life and non-life insurance companies.

Insurance industry wants IFRS 17 adoption deferred

IFRS norms like risk-based capital framework is necessary to assess the financial strength of a company.

18 March 2019 4:32 AM IST

Insurance penetration in the country was 3.4 per cent in 2015 against the world average of 6.2 per cent.

Insurers told to clear Karnataka flood claims fast

It also wants every insurer to appoint a nodal officer for the flood-affected areas.

10 Aug 2019 1:28 AM IST

The main Kochi international airport, the seventh busiest in the country, has been rendered non-functional since August 14 due to flooding and torrential rains, and would remain closed till August 26. (Photo: PTI)

Less than 5 per cent of flood losses are insured

The state govt has estimated a loss of Rs 20,000 cr due to crop damage and destruction of property.

22 Aug 2018 10:35 AM IST

Health insurance is not just another tax-saving header. It is a necessity. If you are without a health cover today, you are taking a risk. A sudden hospitalisation can be potentially worth lakhs of rupees.

Insurance industry to touch USD 280 billion by FY 2020: study

Insurance penetration in the country reached 3.7 per cent in 2017 from 2.71 per cent in 2001.

9 Sept 2018 1:41 PM IST