Category: Insurance Data/News

Reinsurance companies have approached the Insurance Regulatory and Development Authority of India (IRDAI) for a separate set of accounting and reporting norms for the industry.
Feb. 6, 2019, 4:23 p.m.

Title insurance and inherent defects policy, which were touted to provide much-needed relief to homebuyers, have no takers.
Jan. 31, 2019, 3:46 p.m.

Insurance companies will have to make provisions for their exposure to the crippled infra lender IL&FS, industry regulator IRDAI said on Thursday.
Jan. 31, 2019, 9:35 a.m.

The Insurance Regulatory and Development Authority of India (IRDAI) has asked insurers to refrain from seeking Aadhaar from the proposer or policy holders.
Jan. 30, 2019, 1:42 p.m.

Expressing confidence about the country’s insurance sector, global ratings agency Moody’s on Tuesday said it will grow strongly on the back of robust GDP growth and evolving regulations.
Jan. 22, 2019, 4:49 a.m.

Private Life insurers saw sharp recovery in retail APE, growing by 14.3% YoY v/s 1.0% de-growth seen in Nov’18, keeping overall growth at 11% YTD.
Jan. 14, 2019, 11:52 a.m.

IRDA Claim Settlement Ratio 2017-18 and shortlisting of 10 Best Life Insurance Company in 2019 based on the claim settlement ratio.
Jan. 12, 2019, 5:08 p.m.

Private players reported a sharp pick-up of 14% YoY in individual WRP in Dec’18 (1% YoY in Nov’18), while industry growth came in at 15% YoY (6% YoY in Nov-18).
Jan. 11, 2019, 11:45 a.m.

The health insurance segment has reported a growth of more than 20 per cent in premium collection for the third year in a row.
Jan. 10, 2019, 3:42 p.m.

The net profit of life insurers increased 10.14 per cent at ₹8,512 crore in the year ended March 2018, compared to ₹7,728 crore in the previous year.
Jan. 10, 2019, 3:31 p.m.