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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.

Rs 15,167 crore policies lie unclaimed: Irdai

Insurance regulator Irdai has already asked insurers to take steps to identify the policyholders or beneficiaries and...

30 July 2018 12:46 AM IST

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

Rs 15,167 crore unclaimed money of policyholders lying with insurers

The insurers have to update information regarding unclaimed amounts on their websites on half-yearly basis.

29 July 2018 12:21 PM IST

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

Irdai asks insurers to share status of claims with policyholders from...

Insurers need to adopt a clear and transparent communication policy to protect the interest of policyholders.

10 April 2019 3:16 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