Effective insurance coverage in India could double from 15% to 30% in five years: IRDAI ChairmanOnly about 15 per cent of India's population and businesses are estimated to have effective insurance coverage, a figure that could double ...
15 Oct, 2026, 05.51 PM IST
India insurance regulator to oversee smooth transition to new commission rules, chairman saysIndia's insurance regulator, the IRDAI, plans to implement reforms for insurance sales to improve the market. Proposed changes include capp...
15 Oct, 2026, 04.54 PM IST
LIC reveals details of its 3 new plans: Check benefits of New Jeevan Dhara-II, Health Shield and New Cancer CoverLife Insurance Corporation of India is set to launch three new insurance products on October 19, 2026. These offerings, namely New Jeevan D...
15 Oct, 2026, 03.37 PM IST
Bank failed to pay Rs 100 for insurance renewal, family's Rs 2 lakh claim rejected after son's death; SBI ordered to pay Rs 2.1 lakhA consumer commission in Aligarh has directed State Bank of India (SBI) to pay Rs 2 lakh to a woman whose son died after the bank failed to...
15 Oct, 2026, 01.09 PM IST
ICICI Lombard Q2 net profit growth 15.5%; Rs 7 dividend announcedICICI Lombard General Insurance achieved a net profit of ₹946 crore in the second quarter of FY2023, reflecting a 15.5% increase. The insur...
15 Oct, 2026, 07.21 AM IST
Insurers may face higher crop cover claims in Andhra Pradesh, Maharashtra, KarnatakaIn Maharashtra, insurers' liability could be capped at Rs 1,540 crore before the state government takes over claims beyond that level. The ...
15 Oct, 2026, 12.58 AM IST
BlackRock, Goldman Sachs, Nomura among key investors as Zetwerk mops up Rs 2,251 crore in anchor bidding; IPO opens on Oct 15Zetwerk Manufacturing Businesses raised Rs 2,251 crore from 99 anchor investors, including BlackRock, Goldman Sachs and Nomura, ahead of it...
14 Oct, 2026, 10.48 PM IST
Travel insurance mandatory for all railway passengers including offline tickets bought at rail counters from this date, Supreme Court order; Know how this helpsThe Supreme Court of India has ruled that all train tickets must include mandatory travel insurance starting October 27, 2026. This decisio...
14 Oct, 2026, 06.31 PM IST
Fusion CX IPO opens for subscription; GMP at 12%. Should you bid or skip?Fusion CX’s Rs 702-crore IPO is open for subscription from October 14 to 16. The issue is priced at Rs 275-289 per share, with a minimum re...
14 Oct, 2026, 09.49 AM IST
IRDAI may allow transition period for insurance fee capIRDAI Chairman Ajay Seth said the regulator is examining industry feedback on a consultation paper that is open until October 25, while mai...
13 Oct, 2026, 12.18 AM IST
Office critical illness cover: How well does it protect employees and their families?The distinction matters for how HR teams design the benefit. A fixed benefit CI policy addresses income replacement and non medical costs t...
12 Oct, 2026, 02.07 PM IST
Visa denied, trip cancelled: Can travel insurance help you recover your losses?Some insurers now reimburse visa fees if your application is rejected. But modest payouts, exclusions and multiple conditions can limit the...
12 Oct, 2026, 01.48 PM IST
Canara HSBC Life Q2 profit rises 5% YoY to Rs 43 croreCanara HSBC Life Insurance Company's September quarter has marked a significant growth, with a 5 percent rise in net profit, totaling Rs 43...
10 Oct, 2026, 01.58 PM IST
Nomura becomes latest brokerage to cut PB Fintech share price target by 31%, lists 2 scenarios for fair priceNomura has cut PB Fintech’s target price by 31% to Rs 1,100 after proposed IRDAI curbs on insurance website practices and commissions. The ...
09 Oct, 2026, 04.16 PM IST
Good news for employees: Input Tax Credit on group health and life insurance allowed; Know how it employeesNow GST input tax credit to emoyers on group insurance; this can mean more life and health insurance coverage for employees; Know how it he...
09 Oct, 2026, 11.21 AM IST
IRDAI and the avoidable art of regulatory jaywalkingThe recent policy adjustments by IRDAI have led to a marked decline in investor confidence and value within the insurance industry. The tra...
08 Oct, 2026, 09.26 PM IST
Insurance brokers oppose IRDAI commission caps, warn of 60-70% revenue hitInsurance brokers in India are opposing commission cap proposals from the Insurance Regulatory and Development Authority of India. They war...
06 Oct, 2026, 04.23 PM IST