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Business News/ Insurance

Insurance

IRDAI pulls up 8 insurers over health insurance lapses, says report | Details

Insurers get show cause notices from IRDAI

Insurers get show cause notices from IRDAI

1 min read . 12 Jul 2025 Livemint

Even if a medical condition was diagnosed long back, it may be material to the insurer’s underwriting decision. (Image: Pixabay)

Navigating health insurance: Why disclosing medical history is crucial

3 min read . 29 Jun 2025

Amendments to clarify IBC, 2016, and changes to the Companies Act, 2023, are unlikely to make it to the coming session. (REUTERS)

Reform push: Insurance amendment bill heads to Parliament

5 min read . 11 Jun 2025

Future Generali launches ‘Health Unlimited’ offering once in a lifetime benefit of unlimited cover.

Future Generali unveils ‘Health Unlimited’ with lifetime unlimited coverage

2 min read . 23 May 2025

As on March 31, 2025, ICICI Prudential Life Insurance had an AUM of ₹3.09 lakh crore.

SBM Bank India ties up with ICICI Prudential for life insurance products

1 min read . 19 May 2025

The government has notified cashless treatment scheme for road accident victims nationwide, under which they will be entitled to a maximum amount of ₹1.5 lakh per accident per person.

Road accident victims can now avail cashless treatment up to ₹1.5 lakh

2 min read . 06 May 2025

Nearly 83% of respondents claim they understand health insurance as a financial product and recognise its importance.

In charts | The health insurance puzzle: 83% Indians aware but only 19% covered

1 min read . 18 Apr 2025

Insurance industry insiders lauded the move to hasten approvals but pointed to on-ground challenges.

Coming soon: Mediclaim cashless approval in an hour; claim settlement in 3 hours

7 min read . 15 Apr 2025

5 common mistakes to avoid when selecting a term insurance policy for better financial security.

5 common mistakes to avoid while choosing a term insurance policy

2 min read . 21 Mar 2025

Health insurance riders provide additional coverage options, such as critical illness and maternity benefits, at lower costs.

What are riders in health insurance? A guide to enhancing your coverage

5 min read . 18 Mar 2025

EMIs have become popular for purchasing various products, including health insurance.

Health insurance EMI: Key risks and considerations you should be aware of

3 min read . 12 Mar 2025

Life insurance: Critical illness rider helps you battle with a critical illness with lumpsum given upon diagnosis.

What is critical illness rider in life insurance plan? Key advantages explained

2 min read . 06 Mar 2025

For insurers, investing in these 50-year on-tap bonds would provide them with a stronger financial cushion needed to operate a business that handles long-term contracts.

Ultra-long bonds: Centre mulls strategy to deepen insurance market

4 min read . 27 Feb 2025

The importance of room rent limits in health insurance

Why room rent limits matter in your health insurance plan—Find out

3 min read . 25 Feb 2025

Irdai has capped senior citizens' annual premium hikes at 10%. (Image: Pixabay)

Irdai caps senior citizens' premium hikes at 10%—what it means for policyholders

3 min read . 03 Feb 2025

Citing Swiss Re Institute’s projections, the survey said India’s insurance sector is expected to grow 11.1% and become the fastest-growing market among G20 nations over the next five years. (MINT_PRINT)

Economy Survey 2025: Insurance coverage lower than global average, notable gaps

7 min read . 31 Jan 2025

Federal think tank NITI Aayog recommended United India Insurance for privatization to a secretaries' panel in FY22, but that has not taken off. (istockphoto)

Privatization on the table: Govt may pick one PSU general insurer for sale

3 min read . 24 Jan 2025

Last month, the finance ministry said the PMJJBY scheme has provided ₹2 lakh life insurance cover to over 210 million beneficiaries across India.

Insurance coverage under PMJJBY and PMSBY may be doubled in the upcoming budget

2 min read . 20 Jan 2025

A composite licence will allow a single entity to offer both life and non-life products, unlike now, when these two activities have to be carried by separate corporate entities. (Image: Pixabay)

Govt eyes insurance law revamp: Composite licensing, fair play for PSU insurers

4 min read . 18 Jan 2025

Mint BFSI Summit panelists during a discussion on the government-backed insurance platform Bima Sugam. (Mint)

Mint BFSI Summit | Bima Sugam: Unlocking the potential of digital insurance

2 min read . 17 Jan 2025