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GENERAL INSURANCE PREMIUM
General insurers clock 10.5% premium growth in OctoberGeneral insurance companies in India saw a 10.5% increase in gross direct premium income in October. Standalone health insurers also report...
Fairfax's Rs 52,878-crore IDBI Bank deal sets stage for a financial services powerhouseFairfax Financial Holdings has successfully acquired a controlling stake in IDBI Bank for Rs 52,878 crore. The investment aims to redefine ...
Stocks in news: Tata Power, Cupid, Garden Reach, ITC, Aurobindo Pharma and Vodafone IdeaIndian benchmark indices have extended their winning streak, closing positively after the Muhurat trading session. Key stocks such as life ...
IRDA's new consultation paper proposes major reforms to improve insurance distribution and reduce complaintsIrda's recent consultation paper aims to restructure insurance distributor commissions to enhance market efficiency and penetration. The re...
Indian parents getting US residency? 6 financial implications to consider before applyingInvestments in bank accounts, mutual funds, shares and other assets will have to be reviewed and modified. It is illegal under India’s FEMA...
Under attack, banks bolster cyber covers, opt for higher sum assured to protect against hitsFor large financial institutions, the biggest impact often is the loss arising from systems remaining unavailable after an attack, rather t...
US hospitals brace for tougher 2027 as coverage losses and Medicaid cuts loomUS hospital operators are experiencing revenue pressure due to an increase in uninsured patients affecting their operating margins. The exp...
Go Digit says IRDAI's EoM rules led to unintended rise in commissionGoyal said that the existing Expense of Management (EoM) framework had failed to achieve its intended objective of reducing expenses, with ...
Go Digit posts 31% dip in net profit to Rs 142 croreThe company’s management had previously noted that in the last five years there has been no increase in third-party motor insurance rates, ...
Oman tightens expat worker recruitment rules from January 2027; agencies must provide insurance, refundsEffective January 1, 2027, Oman is set to enforce new, tougher rules for hiring expatriate workers, which will necessitate insurance covera...
Hyundai to offer up to 15% savings on car insurance for safe driversHyundai Motor India has launched a usage-based insurance program for its Bluelink-connected cars. Customers can receive potential savings o...
Have third-party insurance for your car or bike but no passenger cover? Here's how to add it without cancelling your policyExciting changes are coming to motor insurance in India! Starting December 15, 2026, policyholders can enhance their coverage with legal li...
Meet Xavier Becerra, who becomes California's first Latino governor in over a century, defeats Trump-backed Steve Hilton; know about his political journey and what lies aheadXavier Becerra was born in Sacramento, California. His father was born in Sacramento and raised in Mexico, while his mother was born in Mex...
Insurance agent deposits Rs 35 lakh cash collected from policyholders in his bank account, gets tax notice; he fights and wins in ITAT JaipurPolicyholders gave Rs 35 lakh cash as insurance premiums which agent deposited in his bank a/c; Income Tax Dept sent agent notice for unexp...
Bajaj Finserv shares rise 2%, extend gains after Q2 results. Why Jefferies reduced target price but still sees 34% upsideBajaj Finserv shares had gained around 2% on Tuesday as well after the company announced the earnings, reporting a 17% YoY increase in reve...
Irdai mandates four-tier structure for motor insurance from Dec 15Irdai will implement a four-tier structure for motor insurance covering private cars and two-wheelers. Customers will have the option to se...
Should my OCI son continue his Indian health insurance policy or take a new one?ET Wealth Reader's Query: My son recently became an Overseas Citizen of India (OCI). Earlier, he had insurance coverage in India. Should he...
Health insurance marketplace 2027: Obamacare premiums set to rise 13% as subsidies expire - will you pay more?Healthcare marketplace: Obamacare premiums are expected to rise in 2027 as enhanced federal subsidies expire and eligibility rules change. ...
New India slips into red with 1,267 cr loss in Q2New India Assurance Company has revealed a concerning net loss of ₹1,267 crore for the September quarter, sharply contrasting with last yea...
Health insurers seek expense cap tweaksStandalone health insurers have requested that mandatory insurance products be excluded from expense-of-management calculations. They argue...