Insurance

Recent ruling by the Chennai Bench of the Income Tax Appellate Tribunal will have a major impact on insurers’ tax liability.
Oct. 24, 2018, 3:20 p.m.
Publisher: thehindubusinessline.com

India’s non-life insurance penetration has risen marginally to 0.9 per cent of the GDP on the back of government schemes, but the country continues to have one of the highest underinsurance levels globally, according to a new report by Lloyd’s.
Oct. 22, 2018, 2:41 p.m.
Publisher: thehindubusinessline.com

A committee set up by the Insurance Regulatory and Development Authority of India (IRDAI), the insurance regulator, to standardise exclusions in health insurance policies, is likely to submit its report in the next two months, recommending that health policies should also be available to people with long-standing, non-curable but manageable diseases.
Oct. 17, 2018, 2:47 p.m.
Publisher: thehindubusinessline.com

The Insurance Regulatory and Development Authority of India (IRDAI) has formed a panel to examine the feasibility of payment of general and health insurance claims in instalments.
Oct. 15, 2018, 3:10 p.m.
Publisher: thehindubusinessline.com

Thought life insurance only gives financial support in case something goes wrong? No. It can grow your money too.
Oct. 12, 2018, 10:54 a.m.
Publisher: tomorrowmakers.com

Private players’ new business WRP growth remained steady at 16.8% YoY in Sep-18 (v/s +15.4% YoY in Aug-18), even as industry growth slowed down to 5.3% (+13.3% YoY in Aug18).
Oct. 11, 2018, 11:23 a.m.
Publisher: motilaloswal.com

Insurance regulator IRDAI’s chairman on Thursday urged insurers to focus on customer satisfaction and value addition to products to ensure sustainable growth of the industry.
Oct. 11, 2018, 10:11 a.m.
Publisher: thehindubusinessline.com

The steep rise in the cost of treatment and growing awareness have led to an increase in the average sum insured under retail health insurance policies.
Oct. 10, 2018, 2:37 p.m.
Publisher: thehindubusinessline.com

With festivals such as Durga Puja, Ganesh Puja and Dahi Handi during Janmashtami becoming bigger and grander, the demand for insurance to cover possible risks such as loss of life and property is on the rise.
Oct. 3, 2018, 3:47 p.m.
Publisher: thehindubusinessline.com

Propose an annual tax deduction of ₹50,000 other than Section 80C cap.
Sept. 19, 2018, 5:04 p.m.
Publisher: thehindubusinessline.com

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