Claims disallowed by insurance companies amounted to Rs 15,100 crore, up from Rs 12,754 crore in the previous year.

If you are planning to buy a new insurance policy or port your existing health insurance policy to a new insurer, do remember to check the latest claim settlement ratio of all insurers before ...

According to data by the Insurance Regulatory and Development Authority of India (IRDAI), the new business premium (NBP) in life insurance's micro-insurance segment reached Rs 10,860.39 crore in FY24, ...

The new business premium (NBP) in life insurance’s micro-insurance segment in 2023-24 surpassed Rs 10,000 crore for the first ...

Cafemutual is a complete guide on mutual fund business giving you all the mutual fund news, mutual fund analysis in India. At Cafemutual you will get mutual fund news with a focus on mutual fund ...

Private life insurers dominate the segment, accounting for over Rs 10,708.4 crore, while the state-owned Life Insurance ...

Total premiums across all insurance categories reached Rs 11.19 trillion in 2023-24 while insurers paid out Rs 7.66 trillion ...

Insurance penetration in India, which is already low, saw a dip for the second successive year, shows the latest report by ...

India's insurance penetration fell to 3.7% in FY24 after peaking at 4.2% during Covid, with life insurance penetration ...

In FY24, commission expenses for life insurers increased by 22% and doubled for general insurers after IRDAI removed caps on ...

India's insurance penetration drops to 3.7% in 2023-24, despite IRDAI's efforts, with life insurance demand declining.