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News
Insurance policies
Insurance policies News
Life insurance
16 Mar 2018
What are the key differences between Life and General Insurance?
When it comes to insurance policies, the options are countless due to which it can get confusing to know which ones to opt for.
IRDAI
14 Apr 2017
IRDAI unveils portal for insurers to sell policies online
Insurance regulator Irdai has launched a web portal for insurers that will allow them to register and sell policies online.
insurance
15 Feb 2017
Insurance penetration in India may cross 4% mark in 2017: Report
By the end of 2017, insurance penetration in India is expected to cross the 4 percent mark amid proliferation of insurance schemes, says a report.
France
29 Dec 2016
France raises 'terror tax' to support victims of attacks
French citizens will contribute an extra 1.60 euros (USD 1.67) on their property insurance policies to help finance a fund for victims of the extremist attacks that have recently hit the country.
Insurance Regulatory
28 Mar 2016
10 new players apply to Irdai to start operations in India
Insurance Regulatory and Development Authority of India (Irdai) has received applications from ten new players to start operations in the country
LIC
19 Aug 2015
LIC eyes increasing market share in policies, first premium
Life Insurance Corporation (LIC) has set a target to achieve 85 percent of its market share in terms of policies and 80 percent in terms of first premium by the end of the current fiscal.
insurance
03 Apr 2015
Changing nominee in life insurance policies to cost Rs 100 now
Cancellation or change in nomination in insurance policies now comes at a cost as regulator IRDAI has allowed life insurers to charge up to Rs 100 for any such modification.
insurance
13 Mar 2015
'Penalty of up to Rs 25 cr for mis-selling insurance policies'
The amended insurance law provides for a penalty of up to Rs 25 crore for mis-selling or misrepresentation of policies by agents or insurance companies to customers.
Insurance policies
07 Sep 2014
New disclosure norms expose insurers' policy-retention claims
Barring a few, such as ICICI Prudential, Reliance Life and Kotak Life, most of the life insurance companies have disclosed lower 'persistency ratios' for the first quarter of the current fiscal ended June 30, as also for the full financial year ended March 31, 2015.
insurance
25 Jun 2014
'75% of insurance sales to be online by 2020'
As many as three-fourths of insurance policies sold by 2020 will be influenced by digital channels, says a report by global management consulting firm Boston Consulting Group and Google India.
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