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About 25 per cent of the respondents indicated that transactions made through demand draft are more vulnerable from a money laundering perspective.

Financial crimes rise in life insurance

The survey mentioned several instances where claims have been filed on behalf of someone who are still alive or, in some...

23 Feb 2018 7:49 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.

Govt to revamp flagship insurance schemes for poor

Objective is to make policies affordable to poorest of the poor.

31 July 2018 9:05 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.

Slowdown makes its way in life insurance space

ICICI Prudential Life Insurance reported APE growth of 5.2 per cent YoY to Rs 700 crore on a received premium basis in...

16 Oct 2019 12:52 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.

Insurance AUMs can double in 5 yrs with digitisation

Non-life AUM too is expected to grow by 15 to 16 per cent from Rs 1.7 lakh crore to Rs 3.85 4.15 lakh crore in the next...

2 Nov 2019 1:28 AM IST

Normally, the deadline to file your income tax returns is July 31 every year. This year, as it often does, the government extended the deadline to August 31.

Avoid buying life insurance just to save income tax

The life insurance business has grown manifolds in India because of the efforts put up by million agents, lakhs of...

26 Feb 2019 1:34 PM IST

This Diwali, users of Indian mobile wallet major, MobiKwik can win gold worth Rs 1 lakh on QR Code transactions. (File Photo)

MobiKwik offers instant life insurance for Rs 20 on its App

This is the second big announcement by MobiKwik in the digital insurance space,

21 Feb 2019 3:36 PM IST

The survey was conducted on 4,566 people across 15 metropolitan and tier one cities in India. (Photo: File)

Only 21 per cent of life insurance holders have term insurance: survey

As per India Protection Quotient (IPQ) survey conducted by Max Life and Kantar IMRB, urban India stands at the PQ of 35...

20 Feb 2019 4:37 PM 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.

Life insurers register 33 pc growth in new premium income at Rs 18,209...

The life insurers had collected first-time premium worth Rs 13,724.96 crore in same month a year ago.

14 March 2019 3:43 PM IST

Theres a major contradiction here. Women are no longer immune to the aspirational wave that defines our times and hence are taking the lead in investing for their familys welfare.

So why aren't they Insuring?

Women are no longer immune to the aspirational wave and hence are taking the lead in investing for their family's...

11 March 2019 7:09 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.

Life insurance to cost less as mortality rate declines

With a significant fall in the mortality rate in India, the cost of life insurance premiums is set to come down to a...

1 March 2019 3:04 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.

Promoters find it difficult to exit insurance business

The Indian insurers offer a return on equity (RoE) of 10-20 per cent compared to their Asian counterparts that offer RoE...

16 May 2019 1:20 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.

Insurers witness a bumper start

Top private players continued to grow in double digits.

13 Jun 2019 1:11 AM IST