PB Fintech, Max Financial hit lower circuit as IRDAI proposes commission cuts; HDFC Life tanks
New Delhi, PB Fintech: Shares of PB Fintech, the parent of Policybazaar, hit the 15% lower circuit at ₹1,603 on...
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.
IRDAI proposes zero commission on third-party motor cover for new vehicles
New Delhi: The Insurance Regulatory and Development Authority of India (IRDAI) has proposed zero commission for distribution entities on mandatory...
IRDAI Issues Consultation Paper on Insurance Distribution Reforms
IRDAI: The Insurance Regulatory and Development Authority of India (IRDAI) on Wednesday released a public consultation paper titled "Recalibrating Economics...
Supreme Court Orders IRDAI to Disclose Life Insurance Data for Autism, Cerebral Palsy Cases
Life Insurance: The Supreme Court has directed the Insurance Regulatory and Development Authority of India (IRDAI) to compile and submit...
Safe Drivers May Get Cheaper Car Insurance, Rule-Breakers to Face Penalties: Gadkari
Car Insurance: Motorists who maintain a clean driving record could soon see their vehicle insurance costs come down, while those...
Insurance Claim Fraud: Rajkot Police Book Man for Setting Car on Fire
Insurance Claim Fraud: Gondal Taluka police in Rajkot district have registered a case against a 26-year-old man on allegations that...
IRDAI Repeals Dividend Repatriation Approval Norm for Foreign-Owned Insurance Intermediaries
IRDAI: The Insurance Regulatory and Development Authority of India (IRDAI) has repealed its 2020 guidelines that required insurance intermediaries with...
IRDAI Delegates Penalty Powers To Speed up Enforcement Action Against Insurers, Agents
New Delhi, IRDAI - The Insurance Regulatory and Development Authority of India (IRDAI) has decentralised key penalty and enforcement powers...
Bihar Police Crack Down on Vehicle Implant Insurance Scams, Tighten Challan Rules
Insurance Scams: The Bihar Police have rolled out a set of reforms targeting insurance fraud and traffic enforcement, anchored by...
NPS Swasthya: PFRDA Issues Guidelines for Pension Scheme With Built-In Health Insurance
NPS Swasthya: At one end of the new NPS Swasthya framework sits a contribution of Rs 10. At the other...
Oriental Insurance to Invest Rs 500 Crore Over Three Years on Digital Capabilities
New Delhi, Oriental Insurance: Oriental Insurance Company Ltd (OICL) plans to invest around Rs 500 crore over the next three...
Bharat Griha Raksha: Why You Need This Home Insurance Policy
Bharat Griha Raksha, the standard home insurance product prescribed by the Insurance Regulatory and Development Authority of India (IRDAI), covers...
BRICS Summit: Why Trump May Be Taking a Close Look at Iran’s Insurance Pitch in India
BRICS Summit: Of all the things a head of state might carry to a summit in New Delhi, Masoud Pezeshkian...
Delhi Consumer Commission Orders Insurer to Pay ₹ 5.89 Lakh Despite Driver’s ‘Fake’ Licence
Consumer Commission: The Delhi State Consumer Disputes Redressal Commission has upheld an order directing a private insurer to reimburse Rs...
HDFC Life, SBI Life Rally Up To 7% On Lower Commission Bets
HDFC Life: Shares of life and general insurance companies surged on Thursday, with gains of up to 7 percent, after...
