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India tag returned 1974 results

  • India: Insurers urged to take lead in individual states

    The insurance regulator has asked insurance companies to emulate the banking industry's strategy for financial inclusion. Under this strategy, companies would adopt individual states as lead insurers.

    Asia | 04 Jul 2022
  • India: Human rights panel proposes insurance cover for truck drivers

    The National Human Rights Commission (NHRC) headed by Justice Arun Mishra, has suggested amending the Motor Vehicle Act, 1988 to provide for mandatory purchase of personal accident cover for an amount not less than INR1.5m ($19,000) for each driver, co-driver and helper of a commercial truck.

    Asia | 01 Jul 2022
  • 3 things Gen Zs should know about life insurance

    Life insurance plays an essential role of providing financial assistance to your loved ones in case of emergencies. It is prudent for Gen Zs to start investing in life insurance products as soon as they start earning. Mr Vinit Kapahi, Head of Marketing, Aviva India, lists three things Gen Zs should know about life insurance.

    Agents | 29 Jun 2022
  • India: Acrisure Re partners with Mahindra Insurance Brokers in preferred broker agreement

    Acrisure Re, the (re)insurance division of the global insurance broker and FinTech platform Acrisure, announced yesterday that its facultative team had signed a preferred partnership broker agreement with Mahindra Insurance Brokers, for Indian facultative business, effective immediately.

    Asia | 30 Jun 2022
  • India: Tier-2 & 3 cities promise huge market potential for cyber insurance

    Tier-2 & 3 cities in India present a huge market opportunity for new-age insurance products like cyber insurance, according to the results of an annual survey published by Policybazaar, an online life and general insurance aggregator.

    Asia | 29 Jun 2022
  • India: GST reduction on life and health insurance will have to wait longer

    A committee of Indian revenue officials attached to goods and services tax (GST) Council has turned down proposal to lower tax rate on premium related with all kind of insurance from life to health to motor third party.

    AIRPlus | 28 Jun 2022
  • India: Model surety bond policy sought for insurers to break out of limbo

    The Ministry for Road Transport & Highways has asked the IRDAI to develop a model surety bond product in consultation with general insurers, so that the new line of business can be started.

    Asia | 28 Jun 2022
  • India: Insurance CEOs to meet IRDAI chairman

    More regulatory liberalisation, consolidation of regulations, and formation of a common software platform for health claims are some of the matters that will be discussed by the CEOs of the insurance companies with the sectoral regulator, said industry sources.

    Asia | 27 Jun 2022
  • India: Cancelled cricket match expected to spark claims of at least US$5m

    The cancellation of the fifth and final T20 cricket match on 19 June between India and South Africa, because of rain, is likely to trigger claims of INR400m ($5.1m) to INR450m.

    Asia | 24 Jun 2022
  • COVID-19 claims surge once again

    Many general insurers and standalone health insurers are experiencing an increase in the COVID-19 related health insurance claims filed.

    AIRPlus | 23 Jun 2022

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