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Villagers carry the mortal remains of a 72-year-old Covid-19 victim for burial in his ancestral graveyard in Baramulla district of North Kashmir on April 25, 2020. (PTI)

So you thought corona was good for insurance companies?

It's great that everyone's taking health insurance but for insurance companies the claims are mounting

18 Sept 2020 1:06 PM IST

Buying Covid insurance cover is an ideal way to ensure that your loved ones are being taken care of even in your absence.

Covid-specific insurance plans can be sold till March 31

Corona Kavach is an indemnity plan that will cover hospitalisation expenses

14 Sept 2021 8:57 AM IST

Life insurance serves several purposes in addition to simply providing your family with basic monetary relief once you are gone.

Irdai delinks personal accident cover from 3rd party motor insurance

The insurers have been asked to file the standalone CPA as a product under the file and use guidelines along with its...

13 Dec 2018 10:02 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.

Bombay Stock Exchange, Ebix plan to launch insurance platform

It will allow distribution outlets, brokers, advisors and financial institutions to sell insurance products.

12 Jun 2018 3:08 PM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

Sriram takes charge as MD and CEO of IDBI Bank

Sriram was appointed MD and CEO in place of Mahesh Kumar Jain who recently took charge as deputy governor of RBI.

30 Jun 2018 6:54 PM IST

YMFHA training session in progesss

See the signs

The YMFHA program was first conceptualised in Australia.

21 Aug 2018 5:19 AM IST

The National Health Agency (NHA) is the apex body for implementation of the insurance scheme.

Irdai asks insurers to cover mental illnesses

The Mental Health Care Act was passed by the Parliament of India in 2017.

17 Aug 2018 1:04 PM IST

Life Insurance Corporation may be roped in to participate in the Rs 2.11 lakh crore recapitalisation initiative for public sector banks (PSBs). (File Photo)

LIC Board to meet on Sept 4 to decide on raising stake to 51 pc in...

The board will consider the proposal on August 31.

30 Aug 2018 1:01 PM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

IRDAI to set timeline for LIC to cut stake in IDBI Bank to 15 per cent

LIC currently holds 7.98 per cent in debt-ridden IDBI Bank, and is in the process of increasing its stake to 51 per...

7 Sept 2018 3:59 PM IST

Representative Image. (AFP Photo)

Insurance regulator IRDAI asks health insurers to settle claims within...

In order to ensure that all health insurance claims are responded to quickly, IRDAI directed insurers to "comply" with...

20 April 2020 12:57 PM IST

PNB seeks IRDAI forbearance for paring stake in Canara HSBC OBC Life. (DC Photo)

IRDAI gives nod to PNB for stake in two life insurance ventures

PNB is a promoter of PNB Metlife Insurance with the highest stake of 30 per cent since 2012

12 April 2020 3:53 PM IST

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

Life insurers' new biz premium up 47 pc to Rs 20,428 cr in July

Cumulative premium collection by all insurers during April-July of 2017-18 rose 18 per cent to Rs 53,659.66 crore.

15 Aug 2017 1:31 PM IST