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 ...

Feeling let down by your health insurance? Portability allows you to switch providers without losing benefits like waiting period credits a...

Allianz Jio Reinsurance Ltd, a new venture by Jio Financial Services and Allianz Group, has begun operations in India. This partnership aim...

India's health insurance sector is growing strongly. The Insurance Regulatory and Development Authority of India (Irdai) has set strict dea...

The Insurance Regulatory and Development Authority of India (Irdai) has increased scrutiny on the ultimate beneficiaries in share transfers...

Under the proposed amendment, each insurer will be required to constitute an advertisement committee comprising at least three members mand...

The regulator has also decided to allow insurance companies to tap fund raising options, like through the debt market, without prior approv...

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

The penalty has been slapped on the insurer post an on-site inspection by the Insurance Regulatory and Development Authority of India (Irda...

Last week, Irdai had granted R3 approvals to five global reinsurers to set up their branches in the country.

IRDAI has made it mandatory for insurance agents to pass an examination based on its syllabus which would include subjects like life, gener...