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In order to enhance the scope of services offered under wellness and preventive features/benefits of health insurance products, the insurance regulator-The Insurance Regulatory and Development Authority of India (Irdai) on Thursday released an exposure draft on guidelines on wellness and preventive features.

Health insurers may offer you fitness goodies

Insurers will not be allowed to promote products or services of any particular third party service provider.

9 Nov 2019 3:42 AM IST

Following the November 8-9 demonetisation, the government over the weekend asked public sector insurers to provide discounts of up to 10 per cent on the premium amount for general insurance policies and 8 per cent in new life policies of Life Insurance Corporation sold online.

Non-life insurers witness 13 per cent rise in premium in FY19

Non-life insurers registered 13 per cent increases in their collective premium income to Rs 1.70 lakh crore in FY19

19 April 2019 1:14 PM IST

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

Soon, you may have the option to settle insurance claims in...

Insurance Regulatory and Development Authority of India had set up a working group to study a proposal in this regard.

7 April 2019 3:00 PM IST

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.

Third party premium for cars raised by 12 per cent

The new premiums will take effect from June 16.

6 Jun 2019 12:54 AM IST

NDRF personnel provide food in a flood-affected area following heavy rain, in Sangli on Sunday. (Photo: PTI)

Expedite claims settlement in flood-affected Kar, MH: Irdai to...

Irdai issued advisory to general insurance and health insurance companies to expedite settlement of claims for the two...

12 Aug 2019 4:51 PM IST

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

Non-life insurers register 17 pc rise in Aug new premium income at Rs...

The 34 insurers' gross premium collection stood at Rs 13,657.51 crore in the same month a year ago.

22 Sept 2019 4:50 PM IST

Customer complaints against public insurers have been rising in the past two years, while those against private insurers have been on a downward slide.

Consumer complaints up for PSU insurers

In contrast, the complaints against private life insurers have been steadily coming down for the past few years.

13 Jan 2020 2:17 AM IST

Dilip Cherian | More secys quit: Is lateral entry losing its sheen?

There is resistance from the existing bureaucracy, often due to a lack of trust and acceptance of lateral entrants

6 April 2023 12:05 AM IST