IRDA advises insurers on electronic forms of data
IRDA has announced policies on electronic forms of data of insurance companies. It has stipulated every insurer should inform IRDA within 90 days from the […]
Insurance
Rajasthan government launches Swasthya Bima Yojana scheme
Rajasthan government has launched “Swasthya Bima Yojana scheme” which provides health insurance to 70 million population of the state of Rajasthan. The beneficiary of the […]
Aviva plans to increase stake to 49%
Aviva Plc is planning to increase its stake in its India business to 49 per cent. Currently, Aviva India (life insurance) is a joint venture […]
Aditya Birla Nuvo ventures into insurance sector
Aditya Birla Nuvo is planning to venture into insurance sector. The company has signed up with South African insurance based financial services group – MMI […]
Crop Insurance coverage is just one-fifth in India
Awareness of Crop Insurance is very less in India. Less than 20% of farmers have insurance coverage according to a study. Among 80% of farmers […]
Healthcare Insurance in India
India spends roughly 3.9 % of GDP towards healthcare compared to 17% in USA. It is one of the lowest spenders in healthcare among the […]
General Insurance in India
General Insurance came to India as a legacy of British occupation. The first General Insurance company in India is Triton Insurance Company Ltd established in […]
Life Insurance in India
The Indian insurance industry was liberalized in 2000 with launch of IRDA followed by sector reforms. With the entry of private sector, the number of […]
Indian Insurance Sector – Overview
The Indian insurance sector has a total of 52 insurance companies, of which 28 are in non-life insurance business and 24 in life insurance. India’s […]
Chola Mandalam launches new Health Insurance scheme
Chola Mandalam Health Insurance has launched a new scheme ‘Chola Swasth Parivar Health Insurance Policy’ a family floater policy offering a combination of health and […]