Searched for
EOM GUIDELINES
IRDAI may tighten CEO KPIs on claims, expenses and customer serviceThe IRDAI is developing a more detailed framework for performance-linked key performance indicators (KPIs) for insurance company executives...- Full GST benefit to these insurance customers as the insurers pass ITC burden to distribution partnersFollowing the GST Council's decision to exempt individual health and life insurance policies, insurers are adjusting to the loss of Input T...
- 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 ...
- Insurers in breach of guidelines on management expenses face curbsThe regulatory crackdown follows a sharp rise in commission expenses after the removal of product-specific commission caps in April 2023. L...
- Insurers report rise in commission expensesIn FY24, commission expenses for life insurers increased by 22% and doubled for general insurers after IRDAI removed caps on commission pay...
- IRDAI relaxes procedural norms on expense of management, share transferIRDAI introduces new Master Circular, streamlining application procedures, ESOPs compliance, share transfers, and specifying timelines for ...
- Stocks to buy now: 9 companies that are likely to double their earnings in next three yearsThe market capitalisation of NSE-listed companies surpassed $4 trillion on 1 December 2023. The benchmark Nifty 50 and MSCI India indices d...
- How to buy the right insurance from an agent or a broker? How to avoid mis-selling? Sharad Bajaj answers“If somebody's annualized income is Rs 10 lakh. Now from a term insurance perspective, you can typically buy up to 20 times your annual inc...
- ET Explainer: An act of commission?New regulations permit insurance companies to determine commissions based on board-approved policies, but they must not exceed overall expe...
- ET Explains: Why banks & agents prefer selling traditional savings insurance products over term insuranceBanks and insurance agents often favour endowment policies over term policies because endowment plans offer them higher commissions. These ...
- India poised to become global knowledge superpower under leadership of PM Narendra Modi: Subhas Sarkar“India will become the global knowledge super power in the coming days under the leadership of Prime Minister Narendra Modi. Our Indian kno...
- General insurers face tough choice on pushing growth and sustaining marginsIn the fiscal year 2023, the combined ratio - an indicator of profitability, which is calculated by measuring the sum of incurred losses an...
- ICICI Lombard on track to meet 102% combined ratio: CEOICICI Lombard General Insurance aims to achieve a target combined ratio of 102%. CEO Bhargav Dasgupta stated that this was achievable given...
- Buy Star Health and Allied Insurance Company, target price Rs 800: ICICI SecuritiesAdditionally, as per the company, impact of price hike on NOP retention post the recent hike of ~25% in Family Health Optima (FHO) premium,...
- Irdai to insurers: Cut costs, pass on gains to customersThe Insurance Regulatory and Development Authority of India (Irdai), in its latest published guidelines, has directed insurance companies t...
- Hot Stocks: Global brokerages on SBI Life, Power Grid, Sunteck Realty, and PolicyBazaarBofA Securities maintained a buy rating on Power Grid with a target price of Rs 244. According to the investment bank, there could be some ...
- To expedite piped water scheme, centre asks states to submit detailed plans in a monthThe Jal Shakti ministry has, in a bid to expedite the government's ambitious effort to ensure access to clean, drinking water to every hous...
- Washing or microwaving currency over coronavirus fears can result in a considerable lossA South Korean put notes in a washing machine to remove possible traces of the virus.
- Namrup Replacement Thermal Power Plant with production capacity of 100 MW will be commissioned by end of next monthAssam Power Generation Corporation Limited (APGCL) informed this to Chief Minister Sarbananda Sonowal during his visit to the project site ...
- Insurers breach expense limit, seek tweak in normsAs of now, the expense caps are described according to product categories and the number of years a company has been in operations.
Load More
