Understanding the Principle of Contribution in Marine Insurance
Learn how the principle of contribution in marine insurance impacts claim settlements when multiple policies cover the same risk. Essential reading for Indian shippers and exporters.
Category : Search result: Life Insurance Corporation Act
Parliament Passes Insurance Amendment Bill 2025
Parliament has approved the Insurance Amendment Bill 2025, amending three key laws: the Insurance Act, 1938, LIC Act, 1956, and IRDA Act, 1999. Read about the sector's transformation.
Insurance FDI Cap Raised to 100% by Parliament
Parliament approves historic amendment to raise FDI limit in insurance to 100%. The move promises greater insurance penetration, lower premiums, and job creation. Read the full story.
North India Fog: Secure Insurance Claims with a Dashcam
Dense winter fog in North India increases accident risks. Learn how investing in a dashcam can provide crucial evidence and streamline your motor insurance claims process.
Insurance Bill 2025: Biggest Reform in Decades
The Sabka Bima Sabki Raksha Bill 2025 marks India's biggest insurance reform, allowing 100% FDI, new intermediaries, and stronger policyholder protection. Read the full analysis.
Insurance Stocks Jump After Lok Sabha Nod to Amendment Bill
LIC, Niva Bupa, and ICICI Lombard shares rallied after the Lok Sabha passed the Insurance Laws (Amendment) Bill, 2024, boosting investor sentiment for the sector's growth.
Govt weighs ₹5,000 cr infusion for 3 PSU insurers
The Indian government is considering a fresh capital infusion of up to ₹5,000 crore into three struggling state-owned general insurers to shore up solvency and enable future reforms like consolidation or sale. Read the full analysis.
Lok Sabha Passes Bill to Raise Insurance FDI Limit to 100%
The Lok Sabha has passed a crucial bill to increase the foreign direct investment limit in the insurance sector to 100%. This move aims to boost capital inflow and enhance insurance penetration in India. Read more for details and analysis.
Kotak Life CIO Bullish on Indian Stocks, Sees Mid-Cap Revival
Radhavi Deshpande, CIO of Kotak Mahindra Life Insurance, shares a positive outlook for Indian equities. She highlights stabilising earnings, domestic liquidity, and a potential rebound in small-caps. Read her key market triggers for 2026.
PB Partners Launches New Experience Center in Delhi
PB Partners, a leading PoSP insurance advisor, has inaugurated a new Experience Center in Delhi's Rajendra Place. The center aims to simplify insurance and provide expert guidance to customers.
Opposition Protests 100% FDI Insurance Bill in Lok Sabha
Finance Minister Nirmala Sitharaman tables bill to raise FDI in insurance to 100%, sparking protests. Get the latest updates on the parliamentary debate.
Bill to Hike FDI in Insurance to 100% Introduced
The Indian government introduces a landmark bill to allow 100% foreign direct investment in the insurance sector. Learn about the Sabka Bima Sabki Raksha Act and its potential impact.
Insurance Bill 2025: 100% FDI, Universal Coverage by 2047
The new insurance bill aims for 100% FDI, easier access, and universal protection by 2047. Discover how it changes rules for LIC, IRDA, and policyholders.
Insurance Bill 2025: 100% FDI Proposed for Sector
Finance Minister Nirmala Sitharaman introduces Insurance Laws Bill, 2025, aiming for 100% FDI, enhanced policyholder protection, and 'Insurance for All by 2047'. Read the key amendments.
Insurance Bill 2025: 100% FDI, New Licences, Regulatory Shifts
The Sabka Bima Sabki Raksha Bill 2025 aims to transform India's insurance sector with 100% FDI, niche licences, and a shift to regulation-driven oversight. Read the key changes.
Latur man burnt alive in car for Rs 1 crore insurance claim
A district finance head in Latur allegedly murdered a drunk man, burning him alive in a car to fake his own death and claim a Rs 1 crore insurance payout to clear Rs 97 lakh debt. Police cracked the case in 24 hours.
Term Insurance for NRIs: Coverage, Tax & Policy Guide
Essential guide for NRIs on term insurance in India. Learn about coverage, tax benefits under Section 80C & 10(10D), and crucial policy guidelines for financial security.
Galaxy Health to Launch Travel Insurance, Targets ₹400 Cr GWP
Galaxy Health Insurance announces its foray into travel insurance. MD & CEO G. Srinivasan reveals a ₹400 crore Gross Written Premium target by FY27 and launches a new integrated health product.
Man fakes death for insurance, kills another in Latur
A debt-ridden Latur resident arrested for murdering a drunk man to stage his own death and claim ₹1 crore insurance. Police unravel the chilling plot.
K-Rera Orders Builders to Insure Common Areas in 30 Days
Karnataka RERA directs builders to insure common areas, ruling they cannot leave residents to foot disaster repair bills. A recent fire case highlights the mandate.
Consumer Court Slaps Insurer for Denying Accident Treatment Claim
Ernakulam consumer court rules denying claim for road accident treatment as unfair practice. Insurer ordered to refund Rs 94,276 with interest & compensation. Details inside.
India's Life Insurance Claims: High Settlement Ratios & Challenges
India's life insurers are boosting trust with faster, digitized claim settlements. Explore the drivers, regulatory changes, and persistent challenges like nomination gaps. Learn what truly counts in life insurance.
Kanpur Lawyer Urges ₹5 Lakh Health Insurance for Advocates
Ravindra Sharma urges Law Minister Arjun Ram Meghwal to secure a ₹5 lakh health insurance for advocates or link it with Ayushman Bharat. A high-level meeting is set for Dec 8, 2025.
Goa Makes Coconut Worker Insurance Free from 2025-26
Goa govt approves major overhaul of Kera Suraksha Insurance Scheme, making Rs 7 lakh coverage free for all coconut workers from 2025-26. Details inside.
Health Insurance Now Consumption-First: Policybazaar Report
A new report reveals India's health insurance shift towards real-time use policies. Maternity cover adoption soars 150-180%, OPD sees 40% utilisation. Discover the new trends.
IndiaFirst Life & Dombivli Nagari Sahakari Bank Forge Alliance
IndiaFirst Life Insurance enters a strategic corporate agency partnership with Dombivli Nagari Sahakari Bank to offer tailored insurance solutions to the bank's customers in Maharashtra.
LIC's Voting Pattern: Insurer or State Tool?
Mint's investigation reveals LIC's inconsistent voting, raising questions about its dual role as a public insurer and a strategic state investor. Explore the implications for millions of policyholders.
Small Cars, SUVs Lead Insurance Claims; EVs Most Expensive to Fix
A new report reveals compact cars and SUVs account for three-fourths of motor insurance claims in India, while electric vehicles are the most expensive to repair. Discover the data shaping insurance premiums.
Compact Cars, SUVs Lead 75% of Motor Insurance Claims in India
A new report reveals compact cars and SUVs dominate 75% of motor insurance claims in India, while EVs are the most expensive to repair. Discover key city-wise trends and insights.
56% of KSRTC Buses Lack Insurance Coverage
Shocking data reveals over 3,140 Kerala RTC buses operate without insurance. Officials cite a 1965 exemption, while accident claims burden the debt-ridden corporation. Read the full district-wise breakdown.
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