The regulatory crackdown follows a sharp rise in commission expenses after the removal of product-specific commission caps in April 2023. L...

In FY24, commission expenses for life insurers increased by 22% and doubled for general insurers after IRDAI removed caps on commission pay...

IRDAI introduces new Master Circular, streamlining application procedures, ESOPs compliance, share transfers, and specifying timelines for ...

The market capitalisation of NSE-listed companies surpassed $4 trillion on 1 December 2023. The benchmark Nifty 50 and MSCI India indices d...

“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...

New regulations permit insurance companies to determine commissions based on board-approved policies, but they must not exceed overall expe...

Banks and insurance agents often favour endowment policies over term policies because endowment plans offer them higher commissions. These ...

“India will become the global knowledge super power in the coming days under the leadership of Prime Minister Narendra Modi. Our Indian kno...

In the fiscal year 2023, the combined ratio - an indicator of profitability, which is calculated by measuring the sum of incurred losses an...

ICICI Lombard General Insurance aims to achieve a target combined ratio of 102%. CEO Bhargav Dasgupta stated that this was achievable given...

Additionally, as per the company, impact of price hike on NOP retention post the recent hike of ~25% in Family Health Optima (FHO) premium,...

The Insurance Regulatory and Development Authority of India (Irdai), in its latest published guidelines, has directed insurance companies t...

BofA Securities maintained a buy rating on Power Grid with a target price of Rs 244. According to the investment bank, there could be some ...

The Jal Shakti ministry has, in a bid to expedite the government's ambitious effort to ensure access to clean, drinking water to every hous...

A South Korean put notes in a washing machine to remove possible traces of the virus.

Assam Power Generation Corporation Limited (APGCL) informed this to Chief Minister Sarbananda Sonowal during his visit to the project site ...

As of now, the expense caps are described according to product categories and the number of years a company has been in operations.