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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.

Irdai gets 5 applications for non-life, reinsurance business

Irdai has not received application from any new life insurance company so far.

13 Oct 2017 8:15 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