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Business News/Insurance/ News

Insurance News

Irdai data showed that New India Assurance Company is the largest insurer with a market share of 13.09% followed by ICICI Lombard General Insurance Company (8.67%) and Bajaj Allianz General Insurance Company (7.69%)

Private general insurers expand market share to 53.58% in H1'FY24

1 min read . 26 Nov 2023

Since international travel insurance is supposed to cover majorly your hospitalisation, you should take into account the cost of hospitalisation in the country you are travelling to.

Explained: The importance of travel insurance in a shrinking world

3 min read . 07 Nov 2023

Last year, the government had provided ₹5,000 crore capital to National Insurance, Oriental Insurance and United India Insurance. mint

Oriental Insurance, National Insurance, United India Insurance may get capital infusion in Q4

1 min read . 22 Oct 2023

The gathering addressed the concerns of the insurance industry, (iStockphoto)

Financial services secy meets private insurers, discusses key issues

1 min read . 17 Oct 2023

ManipalCigna Accident Shield comes in three variants (Pixabay)

ManipalCigna Health Insurance launches ManipalCigna Accident Shield

1 min read . 10 Oct 2023

LIC special revival campaign: As per the LIC post on X, the concession in the late fee charges is divided into three parts

Life Insurance Corporation has this offer for your lapsed policy. Details inside

1 min read . 03 Oct 2023

Surety bonds are third-party guarantees issued by the insurance companies on behalf of the applicant. (iStock)

How surety bonds can be made at par with bank guarantees— explained

2 min read . 25 Sep 2023

Bima Sugam aims to simplify the process of purchasing insurance for consumers. (iStock)

How Bima Sugam will provide a ‘UPI moment’ for the insurance sector

2 min read . 21 Sep 2023

There is a growing perception that certain insurers always find reasons to deny or delay claims (Credit: Ashish Asthana/Mint)

Running from cover: Why Star Health is under fire

12 min read . 26 Oct 2023

ICICI Prudential Life Insurance said it is adding manpower. afp

ICICI Pru tops claim settlement list in Q1FY24

1 min read . 16 Sep 2023

Picture for representation. Star Health launches UPI QR code: With a simple scan of the customized code, customers can make payments within a few seconds.

Star Health launches UPI QR code payment option for insurance purchases

1 min read . 14 Sep 2023

IndiaFirst Life Guaranteed Single Premium Plan: With a one-time premium payment prior to policy inception, customers can avail of dual benefits of financial protection and savings from a single policy.

IndiaFirst Life launches guaranteed single premium plan. Five things to know

1 min read . 13 Sep 2023

Health insurance. Photo: iStock

About 68% Indians have inadequate health insurance coverage: Survey

1 min read . 07 Sep 2023

LIC has launched a special campaign for the revival of individual lapsed policies.

How LIC policyholders can revive their lapsed policies

1 min read . 02 Sep 2023

Bajaj Allianz Life’s Dynamic Asset Allocation Fund: The asset allocation (between debt and equity) of the fund will be more dynamic/active in nature. (AFP)

Bajaj Allianz Life launches unique ULIP fund with dynamic asset allocation

1 min read . 02 Sep 2023

)ICICI Pru GIFT Pro allows customers to customise the product to their unique needs by providing a choice of income benefits and premium payment terms, among other flexibilities.

ICICI Prudential Life Insurance launches ICICI Pru GIFT Pro. 7 things to know

1 min read . 31 Aug 2023

Jio Financial entry could lead to greater penetration of insurance in India. (Istock)

Jio Financial to enter insurance, plans global tie-ups

2 min read . 29 Aug 2023

98 per cent of India’s senior citizen population remains devoid of health insurance coverage, according to the survey. (iStockphoto)

Over 98% of India's senior citizens devoid of health insurance, reveals survey

1 min read . 26 Aug 2023

Best health plans for you

1 min read . 04 Sep 2016

Pradeep Gaur/Mint

Best mediclaim policies for you

1 min read . 21 Aug 2016