Search For "insurers"
No Claim Bonus in Car Insurance: How It Works in India
Updated : 2 months, 2 weeks ago IST
Noida (Uttar Pradesh) [India], December 30: When it comes to car insurance, many insurers have introduced multiple attractive features in their policies to ensure that every car is insured. No Claim Bonus (NCB) is a feature or reward that allows car owners to make considerable savings on the
Read More
Neutrinos Wins AI and Machine Learning Innovation Award at InsurInnovator
Updated : 2 months, 3 weeks ago IST
New York [US]/ Singapore, December 18: Neutrinos, a leader in AI-powered intelligent automation for insurers, has been recognized with the AI and Machine Learning Innovation Award at the IIC Vietnam Awards 2025. Held in conjunction with the annual InsurInnovator Connect Vietnam conference, t
Read More
Parliament passes bill allowing 100 pc FDI in insurance sector
Updated : 2 months, 3 weeks ago IST
Parliament on Wednesday passed the 'Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025', with Finance Minister Nirmala Sitharaman assuring members that opening up the sector will attract new insurers, intermediaries and allied service providers, expanding the overall insuran
Read More
Clinikk Secures IRDAI Approval, Expands with Three New Health Hubs, and La
Updated : 2 months, 4 weeks ago IST
Bengaluru (Karnataka) [India], December 17: Healthtech company Clinikk, building India's first integrated health system, has received approval from the Insurance Regulatory and Development Authority of India (IRDAI) to operate as a composite corporate agent. The milestone allows Clinikk to p
Read More
Private players dominate life insurance market, general insurance premium
Updated : 2 months, 4 weeks ago IST
From FY15 onwards, growth resumed as insurers adapted to the new regulatory environment and diversified their product mix and channels. Private sector Annual Premium Equivalent (APE) recovered to Rs 250 billion in FY15 and increased steadily to Rs 286 billion in FY16, Rs 349 billion in FY17
Read More
Health insurance sector reports strong growth in November driven by GST ex
Updated : 3 months, 1 week ago IST
The health insurance industry continued to post strong growth in November, supported by a pickup in demand for health insurance policies following the GST exemption announced by the government, highlighted a recent report by Nuvama.
Read More
Car Insurance Premiums Likely to Rise on Reinsurance Costs: A Brief Accoun
Updated : 3 months, 1 week ago IST
Mumbai (Maharashtra) [India], December 4: Vehicle insurance premiums are expected to rise as insurers face higher reinsurance costs. Reinsurance assists insurance firms in managing major and unforeseen claims by distributing the risk with international partners. As the charges are raised by
Read More
Neutrinos Launches Venture Studio and 'Reimagining Risk' Global Startup Ch
Updated : 3 months, 2 weeks ago IST
New York [US] / Singapore, November 26: Neutrinos, a leader in AI-native intelligent automation for insurers and financial services, announced the launch of the Neutrinos Venture Studio at Bengaluru Tech Summit 2025. The studio was introduced in the presence of Shri Abhishek Singh, IAS, Addi
Read More
Tata AIA Introduces Param Raksha Life Pro+ with Advanced Features for Comp
Updated : 3 months, 2 weeks ago IST
New Delhi [India], November 25: Tata AIA Life Insurance, one of India's renowned life insurers, presents Param Raksha Life Pro+, a comprehensive life and wealth solution. Designed for today's customers, the plan addresses the evolving life protection and investment needs of individuals. It a
Read More
Why valuations and fundamentals make the Bajaj Finserv Banking and Financi
Updated : 3 months, 3 weeks ago IST
Pune (Maharashtra) [India], November 22: The financial sector plays a crucial role in supporting India's growth story. As the economy expands, financial institutions, from banks to insurers, are seeing structural shifts in how they operate and grow. The Bajaj Finserv Banking and Financial Se
Read More
Invest Beyond Banks with the Bajaj Finserv Banking and Financial Services
Updated : 3 months, 3 weeks ago IST
Pune (Maharashtra) [India], November 18: As an investor, you may already know that India's financial sector extends beyond banks today. Over the years, it has grown to include a wide range of businesses such as non-banking financial companies (NBFCs), insurers, asset managers, and fintechs.
Read More
Govt asks insurers to cut claim turnaround time, ensure top-class service
Updated : 4 months ago IST
Government urged insurance companies to ensure the "highest standards of service and better turnaround time" for policyholders, particularly during hospitalisation and while settling claims. In a meeting with insurers and healthcare providers, Secretary, Department of Financial Services (DFS
Read More