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Regulatory changes to provide necessary push to surety bonds business, say expertsRegulatory changes and standardization are set to boost surety bonds introduced in 2022 by general insurance companies. These bonds will su...- Insurers negotiate with hackers as cyber claims riseInsurers are tying up with agencies that act as intermediators to interact with hackers, or “threat actors”. These agencies help in negotia...
- Cyber insurance cover cost soars up to 60% with rise in attacksCyber insurance premiums have surged 50-60% in the past year as reinsurance rates have gone up amid a global increase in cyberattacks and r...
- Improved cover for a home buyer’s biggest risk: IRDAI asks insurers to offer new Title insuranceTitle insurance is a form of indemnity insurance that protects a potential owner of a property against financial loss from defects in the t...
- Spike in data breaches sends firms scrambling for cybersecurity coverThe sum insured varies according to sector and region of operation, size of organization, size and type of data they store and the extent o...
- Insurers see up to 40% fall in non-covid medical claimsIndustry experts believe that the reduced number of claims is largely on the back of concerns among patients against visiting hospitals, an...
- Health insurance burdens young policyholders as premiums surge 25%The abolition of claim-based loading and the introduction of a lifelong renewability clause are the main reasons why premiums have risen sh...
- Going to study abroad? Take student insurance policy to cover your travel or medical exigencySuch a policy covers your travel to and from the foreign location where you plan to study as well as all medical exigencies there
- Sikkim earthquake- A reminder to go for home insuranceIndustry estimates show that less than 2% of India's homes are insured against natural calamities and disasters such as earthquakes.
- Health cover may include ayurveda, unani, siddhaA panel formed by the insurance council will probably recommend that domestic healthcare systems such as ayurveda, unani and siddha should ...
- Companies rushing for liability cover to protect independent directorsListed firms from the public as well as the private sector have begun buying insurance cover for their independent directors so that they c...
- Mangalore air crash unlikely to hit Reliance-led insurersThe Reliance General Insurance Company-led consortium, which insured Air India's fleet including the Boeing 737 aircraft that crashed Satur...
- Top reinsurers want higher share of claim from insurersLarge insurance claims linked to major fires during the current financial year have induced top global reinsurers like Munich Re, Swiss Re ...
- Satyam effect: Companies look for directors' coverEver since Satyam founder B Ramalinga Raju confessed about a Rs 7,000-crore fraud in the IT services company, India Inc is suddenly running...
- First-party car cover to undergo major changesHow many times did you miss your car while it is being fixed at a garage? You may soon get another car for the period the vehicle is unavai...
- Bollywood insured: Producers seek huge coversAll the bigticket releases of this year-Love story 2050, Jaane Tu... Ya Jaane Na and Jodhaa Akbar-were insured. IT playing a major role in ...
- Buy peace with marriage insuranceAccording to industry sources, the wedding of actors Abhishek Bachchan and Aishwarya Rai was also insured for a huge amount. Insurance poli...
- High premium on marriage cover nowThe risks attached to getting married is the last thing on the mind of Gaurav Patil, who ties the knot on December 7.
- Terror cover affordable for firmsRegular property insurance cover has also become cheaper because of detariffing along with the price of terror insurance.
- Sitcoms join movies for insurance coverAfter movie producers, it is television serial and reality show makers who are now running for cover.
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