Regulator asks insurers to conduct 'root-cause analysis' of complaints and improve oversight of agents, brokers and digital channels ...
Read about why ULIP demand is rising, what is driving this shift, and how market-linked insurance is shaping modern financial ...
The regulator held that cumulative shareholding changes crossing prescribed limits require prior approval. A warning was issued for non-compliance despite the lapse being termed ...
Insurance tech and digital insurance platforms are likely to be compelled into recalibrating their life insurance products, ...
Investments have quadrupled, and total premium growth has gone up from Rs 7.6 lakh crore in FY20 to Rs 11.9 lakh crore in ...
The Insurance Regulatory and Development Authority of India (IRDAI) has reconstituted the Reinsurance Advisory Committee (RAC) with immediate effect, as part of its continued efforts to strengthen ...
Medical inflation in India is soaring, making health insurance unaffordable and leading to higher out-of-pocket expenses.
India's life insurers settled 97.10% of individual death claims within 30 days in FY 2024-25. Private insurers achieved 97.30%. This data from IRDAI highlights efficient claim processing across the ...
Insurance sector regulator Irdai has sought revised business plans from three state-owned general insurance companies - National Insurance Company Ltd, United India Insurance Company Ltd and Oriental ...
Many people buy insurance to make sure their family is financially safe if something unexpected happens. But buying a policy ...
Unexpected collisions and minor scrapes can snowball into complex paperwork if the first steps go wrong. Many of the core principles mirror the approach to third party bike insurance, yet there are ...