Incurred claim ratio of general, health insurance cos: If you are planning to buy a new insurance policy or port your existing health insur...

Irdai wants to change the concept of settlement in personal accident and benefit-based health insurances.

Insurance companies have settled almost 90 per cent of over Rs 2,700 crore claims made after 'Hudhud' cyclone in Visakhapatnam last year.

Group health insurance will become more expensive for companies where hospitalization claims from employees exceed the premium paid.

TPAs are engaged for the purpose of providing health services on the basis of a fee or remuneration by an insurance company.

High court directed IRDA to issue guidelines to the Insurance cos to come out with a pre-packaged compensation for 42 ailments covered unde...

Now that IRDA has come out with draft norms to regulate such issues, insured can hope for resolutions to many a sticky issue once they are ...

All the public sector general insurance players, except New India Assurance Company have a claims ratio that is lowest in the past 5 years.

Irda has directed insurance companies that they cannot reject claims on technical grounds, such as delay in intimation and submission of do...

The Insurance Regulatory and Development Authority has said that the Life Insurance Corporation of India has performed better in terms of c...

The insurance regulator's move to reform the motor insurance pool to settle accident claims of victims is welcome.

To ensure prompt settlement of claims, IRDA has asked LIC to complete all claims-related investigations within the stipulated time-frame of...

Irda advises insurers not to repudiate claims unless they are convinced that they wouldn't have been admissible even if reported within the...

IRDA has asked insurers to restrict outsourcing of core activities like claims, underwriting and policy servicing to guard against major fi...

The Insurance Regulatory and Development Authority (IRDA) has warned the public to watch out for unscrupulous persons selling insurance pol...

TPAs which manage health insurance claims have moved the competition commission & insurance regulator to block a move by state-owned non-li...

The Delhi High Court has held that a person can approach insurance regulator IRDA seeking compensation for the loss suffered and it is empo...