India’s asset and wealth management industry is projected to reach US$1.7 trillion in AUM by 2030, driven by rising retail participation, g...

Rising demand for weight-loss drugs, cosmetic procedures and wellness treatments is creating a growing out-of-pocket healthcare expense cat...

Insurance CEOs’ remuneration will now partly depend on how well they treat policyholders, from settling claims to resolving complaints. A t...

Policybazaar faces potential business disruption from IRDAI's proposed commission caps, prompting consideration of an insurance manufacturi...

A Mumbai court has taken cognisance of a money laundering case filed by the Enforcement Directorate. The complaint names former Religare ex...

Many policyholders believe health insurance claims require a 24-hour hospital stay. However, modern policies cover numerous treatments comp...

Prudential plans to acquire a controlling stake in Bharti Life Insurance. This move requires Prudential to reduce its holding in ICICI Prud...

The Pension Fund Regulatory and Development Authority has revised rules for National Pension System annuity surrenders. Subscribers facing ...

"Foreign investment in this sector shall be subject to compliance with the provisions of the Insurance Act, 1938(4 of 1938), and the condit...

Health insurance premiums in India are rising by up to 25% due to escalating healthcare costs, increased claims, and changing risk profiles...

Bandhan Bank has secured prior approval from the Reserve Bank of India for Debasish Panda's appointment as its part-time chairman. Panda's ...

FatakPay introduces FatakSecure, an insurance vertical aimed at India's underserved population, pending IRDAI approval. Targeting Tier 2 ci...

The Insurance sector regulator IRDAI has conditionally approved Hinduja Group's IndusInd International Holdings Ltd (IIHL) for the acquisit...

Lenders of Reliance Capital urge IndusInd International Holdings Ltd (IIHL) to accelerate regulatory approvals for the resolution plan, emp...

In a notification on its website IRDAI said life insurance companies can now launch products in the market and later file updates with the ...

The new rule will cover all health plans and also fire, engineering and motor plans offered by general insurance companies. Panda said only...

As many as six insurers now offer multi-year policies that are cheaper than annual-renewal plans. Insurers give discounts ranging from 2%-6...