Search For "irda"
Max Life achieves 99.51 per cent Claims Paid Ratio in FY23; Surpasses 99 p
Updated : 2 years ago IST
New Delhi [India], February 29: Max Life Insurance Company Ltd. ('Max Life' / 'Company') has achieved its highest-ever individual Claims Paid Ratio of 99.51 per cent in the financial year 2022-23, as per the Insurance Regulatory and Development Authority of India's (IRDAI) Handbook on Indian
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Finance Minister Nirmala Sitharaman chairs 28th FSDC meeting in New Delhi
Updated : 2 years, 1 month ago IST
The meeting, held under her stewardship, witnessed the presence of Minister of State for Finance, Dr Bhagwat Karad, along with esteemed dignitaries and officials from various financial regulatory bodies.
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Subramanian Swamy moves Delhi HC against Axis Bank, Metlife for allegedly
Updated : 2 years, 1 month ago IST
Former Rajya Sabha MP Subramanian Swamy on Thursday moved the Delhi High Court seeking direction to form a Committee consisting of experts to investigate alleged fraudulent acts of M/s Max Life Insurance Co. Ltd and M/s Max Financial Services Ltd in allowing their shareholder/Axis Bank Ltd
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India is the fastest growing insurance market in the world!
Updated : 2 years, 1 month ago IST
New Delhi [India], February 2: India's insurance market has undergone numerous changes and has become one of the fastest-growing markets today. It comprises two primary segments - Life and General Insurance. Life insurance includes whole life insurance, Term Insurance, Unit Linked Insurance
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Indian Dental Association (IDA) and CoverYou Enters into a Strategic Partn
Updated : 2 years, 2 months ago IST
Mumbai (Maharashtra)/ New Delhi [India], January 4: CoverYou, as one of India's most trusted, fastest-growing, leading providers of comprehensive insurance solutions, a licensed insurance broker authorized by the IRDAI today has entered into a partnership with Indian Dental Association (IDA)
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Bad Driving May Hike Your Insurance Cost, Warns IRDAI
Updated : 2 years, 3 months ago IST
Mumbai (Maharashtra) [India], December 21: Kotak General Insurance, a trusted name in the general insurance world, is highlighting the warning issued by the Insurance Regulatory and Development Authority of India (IRDAI) regarding the impact of bad driving on insurance premiums. Kotak Genera
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MyGate to Launch Insurance Services to Elevate Safety & Protection for
Updated : 2 years, 5 months ago IST
Bengaluru (Karnataka) [India], October 5: MyGate announces its plans to launch insurance services on its platform to deliver comprehensive protection solutions to its community members. The company believes that there is room for the creation of insurance solutions that recognise the relativ
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Amendments approved to make India global insurance hub: IRDAI
Updated : 2 years, 7 months ago IST
According to the press release issued by the IRDAI, these changes are designed to not only simplify and harmonize existing regulations but also position India as a formidable global reinsurance hub.
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Analysing Car Insurance Renewal Prices
Updated : 2 years, 7 months ago IST
New Delhi [India], August 21: Car insurance is an essential aspect of vehicle ownership, providing financial protection against unforeseen accidents and damages. As the year 2023 unfolds, car owners in India find themselves facing fluctuating insurance renewal prices. Read on to delve into t
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SBI Life Insurance becomes the first Indian private life insurer to launch
Updated : 2 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 21: SBI Life Insurance, one of the most trusted private life insurance companies in the country, launched its dedicated 24X7 inbound contact centre to address before and after purchase queries related to comprehensive insurance solutions provided by the c
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National Health Authority, Insurance Regulatory body jointly organize wor
Updated : 2 years, 7 months ago IST
The National Health Authority (NHA) and IRDAI (Insurance Regulatory and Development Authority of India) jointly organized an exclusive three-day Accelerator Workshop to help insurance companies complete their ABDM integration and to facilitate the adoption of Health Claims Exchange (HCX) spe
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Axis Bank to Infuse Rs. 1,612 crore in Max Life, Stake to Go up to 19.02 p
Updated : 2 years, 7 months ago IST
New Delhi [India], August 10: Pursuant to the approval of the Max Financial and Max Life Boards, Axis Bank will be infusing Rs. 1,612 Cr by subscribing to equity shares of Max Life, at fair market value determined basis DCF methodology. Axis Bank has received requisite approval from RBI for
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