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AGENT REFORMS IN INSURANCE
Life advice of the day by Shiv Khera: 'If we are not a part of the solution, then we are the...' - inspiring quote on personal responsibility and lessons on leadership, accountability and positive change by motivational speaker and You Can Win authorLife advice of the day by Shiv Khera: Shiv Khera emphasizes personal responsibility, stating that inaction makes one part of the problem. H...- Acko's $250 million IPO; Infosys' market cap plungeNew-age insurer Acko will soon confidentially file draft papers for its stock market debut. This and more in today's ETtech Top 5.
- Insurance reforms set India on path to universal coverage by 2047: R DoraiswamyIndia's Insurance Act Amendment Bill, 'Sabka Bima Sabki Raksha,' aims for a structural overhaul of the insurance sector, including amendmen...
- PB Fintech shares decline 6% amid reports of regulatory push to cap insurance agent commissionsPB Fintech shares fell amid concerns that the proposed Insurance Bill 2025 could allow IRDAI to cap insurance agent commissions, raising re...
- Health insurance complaints doubled in 6 years, 80% of all grievances: Ombudsman reveals top claim rejection reasonsHealth insurance complaints have doubled in six years, now accounting for 80% of all grievances. Ombudsman calls for healthcare industry re...
- No more insurance traps? Govt plans changes in free-look and other rulesThe government is introducing measures to reform the insurance sector. These include extending the free-look period to one year and introdu...
- Budget boost for insurance sector: Sitharaman allows 100% FDI but T&C applyThe government has increased the FDI limit for the insurance sector from 74% to 100% in the Budget for 2025-26. This move aims to attract m...
- Insurers may get to diversify operations beyond core businessThe finance ministry proposes allowing insurers to expand beyond insurance. The draft suggests new services like guarantee and indemnity se...
- India plans major insurance shake-up this winter as it may open doors to 100% FDI100% FDI in Insurance: The Indian government is poised to permit 100% foreign direct investment in the insurance sector, aiming to attract ...
- How to actually reform the insurance sectorWhen you buy an insurance policy, you pay a certain amount and you get some combination of life cover and future investment value out of it...
- Irdai changes key rules for insurersThe regulator has also decided to allow insurance companies to tap fund raising options, like through the debt market, without prior approv...
- Penalty of up to Rs 25 crore for mis-selling insurance policiesThe amended insurance law provides for a penalty of up to Rs 25 crore for mis-selling or misrepresentation of policies by agents or insuran...
- Insurance Bill: IRDA to get more powers; can impose higher penalties for violations nowThe regulator will have more powers to levy higher penalty, impose a ceiling on expense management, and fix remuneration for agents.
- FDI in insurance: Health insurance business to get a fillip, new players boon for consumersConsumers can look forward to a series of changes if the reforms in insurance approved by the Cabinet on Thursday gets a green signal from ...
- House Panel virtually dumps FDI proposal in insurance sector, other changes to Insurance LawsThe committee rejected allowing 49% FDI on grounds that the alternate route for meeting the capital needs of the sector has not been seriou...
- Parliamentary Committee rejects all key changes proposed in Insurance Laws (Amendment) Bill 2008A parliamentary committee has rejected almost all the key changes proposed in the Insurance Laws (Amendment) Bill 2008
- Life insurance premium collection up 13% in 2010: CouncilTotal premium collected by the life insurance industry increased 13 per cent to Rs 1,86,285 crore in the calender year 2010 from from Rs 1,...
- Pranab pitches for further reforms in UlipsFinance minister hints at a quick resolution of row between Sebi & Irda over Ulips.
- Policy curbs may be hindering insurance sector growth
- Detariffing does not mean free-for-allMotor and health are two areas which insurance regulator CS Rao wants to accord top priority. Rao’s team has already put in place a number ...
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