Insurers and Brokers Face Job Cuts if Irdai Pushes Through Commission Caps, Says IBAI
NEW DELHI, IBAI: India's insurance brokers have pushed back against the regulator's plan to overhaul how insurance is sold and...
Insurance News
Latest insurance news from the US, Europe and India covering life, health, motor, general insurance, regulations, insurers, brokers, claims and the insurance industry.
French Insurance Giant BNP Paribas Cardif Gets CCI Nod for 26% Stake in IndiaFirst Life
IndiaFirst Life: The Competition Commission of India (CCI) has cleared BNP Paribas Cardif's plan to buy a stake in IndiaFirst...
Over 65% of KSRTC Buses Operate Without Insurance, RTI Reveals
KSRTC Buses: A private car or truck in Kerala without valid insurance risks a fine and possibly a police case....
Zerodha-backed Ditto Insurance co-founder flags risks from IRDAI’s reforms
NEW DELHI: Pawan Kumar Rai, co-founder of Ditto Insurance, a Zerodha-backed insurance advisory and distribution platform, has said the Insurance...
Oommen Chandy Health Insurance Scheme: Kerala Puts a Deadline on Its ₹25-Lakh Promise
Oommen Chandy Health Insurance: Thiruvananthapuram — Election promises rarely survive contact with a spreadsheet. Kerala's Oommen Chandy Health Insurance Scheme,...
IRDAI Chairman Ajay Seth Defends Distribution Reform Paper, Says Market Reaction Reflects “Mature” Repricing
IRDAI: Insurance Regulatory and Development Authority of India (IRDAI) Chairman Ajay Seth said the regulator's newly released discussion paper on...
IRDAI Appoints Dinesh Pant, Girija Subramanian as New Members
New DELHI, IRDAI: For months, two chairs at the Insurance Regulatory and Development Authority of India's board table sat empty,...
IRDAI moves to ban ‘dark patterns’: you may soon see prices without giving your phone number
IRDAI: If you have tried to check the price of a health or term plan online, you know the routine....
PB Fintech Under Fire: HSBC, Motilal Oswal, BofA, Jefferies Slash Targets Up To 45%
PB Fintech: Five years after PB Fintech listed on the stock exchanges at ₹1,150 a share, that number is back...
PB Fintech Analyst Call: Insurance Licence on Table, No Mass Layoffs, Hiring To Slow
PB Fintech: Minutes after PB Fintech's shares fell 36% to close at ₹1,210, the company's biggest single-day fall on record,...
Commission Up 259%, Premiums Up 34%: India’s Insurance Middlemen Problem
New Delhi - Insurance Commission: Indian car buyers and health policyholders are bankrolling some of the sharpest commission growth in...
Wrong Policy Sold? IRDAI Wants Agents’ Commission Taken Back
IRDAI: For most people in India, buying insurance happens across a desk, on a phone call or in a bank...
IRDAI Says Its Commission Experiment Failed. Now It Wants Caps Back
NEW DELHI: India's insurance regulator has concluded that its 2023 move to let insurers set their own commission rates backfired....
Life Insurance Commissions: IRDAI Proposes Caps Based on Premium Payment Term
Life Insurance Commissions: Suppose a policyholder pays a first-year premium of Rs 1,00,000 on a life insurance policy with a...
PB Fintech Shares Fall 20%: Why Are Shares Falling?
PB Fintech: Shares of PB Fintech, the parent of Policybazaar and Paisabazaar, hit the 20% lower circuit at ₹1,508 on...
