New Delhi, February 12, 2020: Easypolicy and Quickbima, two leading insurance web aggregators formally announced the merger of the two companies, today. Under the terms… Read More »Quickbima and Easypolicy come together to complement their strengths to be more customer centric and penetrate deeper in the market.
Pre-budget expectations: Subtle demands of robust fin-tech companies in the insurance sector from the Union Budget 2020-21 To bring a substantial impact on bridging the… Read More »Budget 2020 Expectations & Reactions For Insurance Industry
As per the IRDAI’s ruling this Monday, now insurance companies will not be able to deny cover for diseases contracted after the insurance policy is… Read More »New Health Insurance Norms to Be A Saviour for Policyholders- Know Them
Insurance Regulatory and Development Authority (IRDAI) on Monday issued new rules for life insurance products, including ULIP and non-linked products. As per the new rules,… Read More »IRDAI issues new rules for ULIP and non-linked products
The hike in the foreign direct investment (FDI) in the insurance sector is likely to take six to eight months to be finalised. While the quantum… Read More »FDI Hike in Insurance Likely to Take 6-8 Months to Be Finalised
FDI in the insurance limit is capped at 49 percent at present Finance Minister Nirmala Sitharaman has proposed a 100 percent foreign direct investment (FDI)… Read More »Budget 2019: FM proposes 100% FDI for insurance intermediaries; hike in insurance FDI also on anvil
Allahabad Bank might partially exit Universal Sompo General Insurance Company, a joint venture (JV) between public sector banks, Allahabad Bank and Indian Overseas Bank (IOB), along with Karnataka… Read More »Allahabad Bank might partially exit insurance venture Universal Sompo
Post the deal, Apollo Munich is proposed to be merged with HDFC ERGO General Insurance Company Housing Development Finance Corp Ltd (HDFC) on Wednesday said… Read More »HDFC To Buy 51.2% Stake In Apollo Munich Health Insurance
Life insurance policies sales declines by 5.2% in May 2019 The first-year premium income of the life insurance sector surged 43.4% to Rs 18414.02 crore in May 2019. The… Read More »First-year Premium Income of the Life Insurance Sector Jumps 43.4% in May 2019
Commercial lines saw a 70 percent growth at Rs 288 crore as against Rs 170 crore in 2017-18. New Delhi: Bharti AXA General Insurance Monday… Read More »Bharti AXA General Insurance Posts Rs 3 Crore Profit in FY’19