Bank stocks saw a significant jump on Friday, propelling the Nifty Bank index to a one-month peak. This surge followed news of a potential ...

India’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...

Death claim settlement: SBI has issued revised guidelines to provide a harmonised framework and to standardise the documentation for the se...

Policyholders expect prompt claim settlements from insurers. The article highlights the importance of checking the claim settlement ratio, ...

India's life insurers settled 97.10% of individual death claims within 30 days in FY 2024-25. Private insurers achieved 97.30%. This data f...

The IRDAI has released the claim settlement ratios of all Indian life insurers for FY 2023-24, revealing that 96.82% of life insurance poli...

State Bank of India simplifies death claim settlements. Nominees can file online for savings accounts and fixed deposits. Visit the Decease...

Claim settlement ratio is one of the crucial metrics that give you a rough sense of how the insurance company honours the policyholders' cl...

The competent authority has decided to relax the necessity of a death certificate for EDLI and pension claims relating to deceased members ...

Insurance companies must abide by rules set forth by the Insurance Regulatory and Development Authority of India (Irdai) when resolving ins...

To ensure that the families of the impacted policyholders of the train tragedy receive the required support as well as to provide urgent fi...

Claim settlement ratio is a percentage of claims that the insurer has paid out against the number of outstanding claims during a financial ...

Here is a look at the process of filing a claim with SBI after the death of an account holder. Before filing the death claim with the SBI, ...

When opening a locker at the State Bank of India (SBI) or any other bank, customers must ensure that they register for the nomination facil...

Indian life insurers' claim settlement ratios have remained mostly stable during the Covid-19 period compared with earlier years despite an...

The industry is expecting around Rs 300 crore claims from the late September floods, said G Srinivasan, Chairman, Gipsa (General Insurance ...

Insurers, including SBI Life and PNB Metlife, have set up helpline numbers for J&K flood victims so as to enable easy settlement of death c...