The claims settlement ratio signifies the percentage of settled claims by the insurer out of the total claims received
The company, which recorded 49% growth in its gross premium during FY21, is hopeful of continuing with same growth trajectory in current fiscal year
HDFC Life added over 300 partners, including over 50 in the emerging ecosystem, during the year
Policybazaar is launching offline retail stores across India and the brand has set up 15 stores and will eventually expand to 100 location
Insurers either not offering group covid cover policies or have sharply increased the premium rates making it unviable for corporates
The Centre had made it compulsory to link Aadhaar with insurance policies. But in September 2018, the SC ruled against the government's decision
The regulator should draw up an indemnity framework for individual agents who are the backbone of the insurance industry.
According to RFP document, the duration of the contract will be initial for three years and further extendable for two years on a year-on-year basis
Policybazaar will surrender its web aggregator licence to IRDAI and undertake business including insurance aggregation under the broking umbrella
Here are salient features of the Arogya Sanjeevani Policy which you should know about before buying the policy