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How digital distribution shifts the balance of power towards the customerThe insurance sector grapples with pressing issues like mis-selling and customer complaints, which hinder the efficacy of policies. However...- 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. ...
- Irdai tightens ESOP norms, share transfer rules for insurersIrdai has implemented stricter rules regarding employee stock option plans for insurance companies to regulate ownership stakes. Senior exe...
- Life insurance bought under MWP Act: Why it matters and how it can ensure greater protection for your familyCutting through money jargon, one topic at a time. This week, Preeti Kulkarni explains how the MWP Act can ensure greater protection for yo...
- State-run general insurers to submit turnaround plansState-run general insurers must submit board-approved plans to the government for reducing unprofitable business segments. The government a...
- Irdai to weigh 650+ responses on insurance commissionsThe regulator had extended the deadline earlier by a week after receiving more than 650 responses to its September 23 consultation paper, w...
- Cyberattacks on banks, including AU Small Finance Bank, worry insurers as claim risks riseCyberattacks targeting financial institutions have raised concerns about security vulnerabilities and potential losses. AU Small Finance Ba...
- Largescale cyberattacks test the limits of insurance coverWhile businesses rush to enhance their cyber insurance cover, the incidents have triggered a debate over whether existing policies adequate...
- Sabarimala: TDB announces Rs 2 lakh life insurance cover for pilgrimsThe Travancore Devaswom Board has announced a new life insurance scheme for Sabarimala pilgrims. This insurance will cover up to Rs 2 lakh ...
- PB Fintech's UAE insurance business grows 19-fold as it looks beyond motor coverPB Fintech has achieved impressive growth within the UAE insurance landscape, notably boosting its premium volumes since FY22. With a strat...
- PB Fintech Q2 profit rises 43% to Rs 192 crore, revenue grows 35%The growth was led by Policybazaar's insurance distribution business, where demand for health and term insurance remained strong. Total ins...
- Health insurers seek expense cap tweaksStandalone health insurers have requested that mandatory insurance products be excluded from expense-of-management calculations. They argue...
- Charlie Munger skipped insurance on his mansion, said all intelligent people ‘do it my way’. What did he mean?During a recent shareholder meeting, Charlie Munger shared his reasoning behind opting out of fire insurance for his mansion. He argued tha...
- Bandhan Bank to face a Rs 200 crore hit from insurance norm changeFacing an anticipated Rs 200 crore dip in income from proposed cuts to insurance commissions, Bandhan Bank's managing director, Partha Prat...
- India advises its nationals travelling to UAE to take adequate medical insuranceIndian nationals planning to travel to the UAE are urged to obtain sufficient health insurance before departure. The Indian Consulate empha...
- Bengaluru man buys health insurance for parents, pays premiums for three years, mother undergoes treatment but insurer rejects claim, gets relief in consumer courtA Bengaluru man who spent Rs 3.13 lakh on health insurance policies for his parents disputed Star Health's rejection of his mother's medica...
- Global Market: Japan life insurers eye domestic bonds as foreign debt selling growsJapan’s major life insurers are split on increasing domestic government bond holdings as rising yields make Japanese debt more attractive. ...
- An old tree fell on her California home, leaving Angela Bereola with a $51,399 bill despite having insurance - here's whyA century-old oak tree fell on Angela Bereola’s California home during a storm, leaving an estimated $70,600 in roof damage. Her insurance ...
- Health insurance claim settlement: Which insurers are fastest at paying approved claims?According to data from ILM Research (previously known as Beshak Research), 15 of 31 non-life insurers paid out over 95% of their approved h...
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