If hospitals come under regulatory ambit, the number of aggrieved customers will fizzle out: Mathur, MD & CEO, Universal Sompo General InsuranceHealth regulations are required on a priority to enable higher transparency in hospital pricing and greater convenience for policyholders, ...
25 Aug, 2025, 06.30 AM IST
Like life insurers, general insurers should be allowed to sell long-term products, why can’t we sell health for, let’s say, 10 years? MD and CEO, Bajaj Allianz General InsuranceIf the long-term life business can sell short-term health, general insurers should be able to sell long-term products, argues Tapan Singhel...
21 Jul, 2025, 06.30 AM IST
Leaderless and lagging: India's insurance overhaul stalls without Irdai head since MarchIndia's insurance sector faces stagnation. Major reforms are delayed after the Irdai chairman's departure. Initiatives like Bima Sugam, Vis...
06 Jun, 2025, 02.18 PM IST
Outgoing IRDAI Chief has hits to his credit, perhaps misses, tooChange in EoM Guidelines: Under his stewardship, IRDAI introduced the Expenses of Management (EoM) regulations at a time when the industry ...
11 Mar, 2025, 06.06 AM IST
Irdai, insurers discuss growth trends, risksIrdai emphasised on the need for stress testing, scenario analysis and effective asset-liability management (ALM). The National Bank for Fi...
15 Feb, 2025, 11.42 PM IST
India's non-life Insurance industry may register double-digit growth in 2025Non-life insurers in India expect double-digit growth in 2025. Key drivers include a conducive regulatory environment and innovative produc...
02 Jan, 2025, 01.05 PM IST
Irdai chairman Debasish Panda seeks more conglomerates to enter insurance; regulator nudging more cos to listIrdai chairman Debasish Panda encourages conglomerates to join India's insurance sector, emphasizing growth opportunities. He highlights ef...
22 Oct, 2024, 03.33 PM IST
High premium costs for parametric insurance flagged at NDMA meet amid GST concernsThe National Disaster Management Authority (NDMA) discussed the high cost of parametric insurance premiums and the imposition of 18 percent...
13 Sep, 2024, 07.58 PM IST
Government initiates parametric & hydroelectric insurance pools for enhanced disaster protectionThe government, led by GIC chairman Ramaswamy Narayanan, is developing parametric and hydroelectric insurance pools to enhance disaster pro...
04 Jun, 2024, 12.25 AM IST
Our business from policies above Rs 5 lakh is down by 10%: Kamlesh Rao, Aditya Birla Sun Life Insurance"The business from policies with premiums higher than Rs 5 lakh is down by an absolute 10%. The number of policies has grown by 20% and we ...
08 Apr, 2024, 06.30 AM IST
SAHI jawab for insuranceIndia's insurance industry is experiencing a significant transformation, primarily driven by the growth of health insurance. The Insurance ...
25 Mar, 2024, 11.15 PM IST
Very few people think of life insurance as pure protection: Casparus Kromhout, Shriram Life Insurance"Everybody in India is used to the fact that life insurance is a savings vehicle, or an alternative savings, or an investment vehicle, and ...
26 Feb, 2024, 06.30 AM IST
Budget 2024: Payout should be tax free up to Rs 10 lakh premium on life insurance products, says Sumit Rai of Edelweiss TokioThe annuity double taxation is a big one because India is one of the largest grey countries and a part of the reason annuities are not doin...
01 Feb, 2024, 09.17 AM IST
Navigating the general insurance landscape: A reflective review and forward outlookThe GI industry is entirely focused on achieving the glorious mission of 'Insurance for All' by 2047, set by the insurance regulator.
28 Dec, 2023, 10.37 AM IST
LIC plans to launch assured return product to increase market shareOur market share is down in group business because we could not get some of that. Our individual business is growing, and I am confident of...
23 Nov, 2023, 04.52 PM IST
How AI, Blockchain technology are taking India’s insurance industry to next levelThough the model has been quite robust, the insurance industry is reinventing itself to new heights where it is going through a profound ch...
20 Aug, 2023, 01.36 PM IST
IRDAI panel to look at health insurance servicing via proposed new e-portal: Common claim platform?IRDAI constitutes a 15-member health insurance consultative committee that will help to achieve the goal of universalisation of health insu...
31 Oct, 2022, 04.16 PM IST