Browsing: IRDAI

The Insurance Regulatory and Development Authority of India (IRDAI) has approved the use of equity derivatives by insurers, providing new tools to manage market fluctuations and potentially protect policyholder returns.

Insurance companies in India raise concerns over the lack of rate adjustments for third-party vehicle insurance, citing rising costs and potential shifts in business focus.

General insurers in India are struggling with rising costs due to a prolonged freeze on third-party vehicle insurance rates, potentially impacting their business focus.

Recent data from the IRDAI reveals the states with the highest numbers of life insurance agents in India, showcasing significant shifts in the insurance landscape.

Explore the advancements shaping the future of online vehicle insurance in India, including AI, telematics, blockchain, and government initiatives.

Life insurance companies in India are experiencing margin compression due to new regulations on surrender values and a shift towards unit-linked insurance plans (ULIPs).

Indian life insurance companies are experiencing margin compression, influenced by changes in product mix and new surrender value guidelines.

Bajaj Allianz Life Insurance becomes the first insurer in India to adopt Bima-ASBA, simplifying premium payments and increasing customer trust.