Insurer Must Pay Rs 67,000 for Unsettled Scooter Theft Claim
Noida consumer court slaps Sriram General Insurance with penalty for ignoring policyholder's claim after electric scooter theft. Read the full verdict details.
Noida consumer court slaps Sriram General Insurance with penalty for ignoring policyholder's claim after electric scooter theft. Read the full verdict details.
IRDAI's annual report reveals a 14% jump in unfair practice complaints. Insurance penetration remains low at 3.7%, as regulator urges insurers to tackle root causes of mis-selling. Read the full analysis.
Discover why health insurance is cheaper on insurer websites and the hidden value of agents. Also, learn about the underrated super top-up plans offering ₹5 crore cover for under ₹1000.
IRDAI's annual report reveals a 14% jump in unfair practice grievances. Insurance penetration remains stagnant at 3.7%, urging insurers to conduct root cause analysis. Read more.
Amritsar residents can register for the Chief Minister's health insurance scheme from January 15. The scheme provides free treatment up to Rs 5 lakh. Learn how to enroll.
Connecticut regulators abandon rehab plan for PHL Variable Insurance, may liquidate. A $2.2B shortfall found. Policyholders' $500M+ withheld. Potential lawsuit against Golden Gate Capital. Read for details.
DCM Shriram Chairman foresees a positive Union Budget 2025, driven by strong IIP data and expected focus on reforms and job creation. Read the full analysis.
A key regulatory reform simplifies mergers and transfers in India's insurance industry, aiming to foster consolidation and strengthen the sector. Read the full analysis.
Starting health insurance early can save young professionals 20-30% on premiums and offers lifelong coverage benefits. Learn why delaying is costly.
India's 2025 insurance reforms bring stricter penalties, faster claims, and new grievance redressal layers. Discover how the Sabka Bima Bill impacts you and what still needs fixing.
Tata AIA Life Insurance sees surging demand for its Sampoorna Raksha plan, offering comprehensive protection. Discover how it meets India's evolving insurance needs.
A lapsed health insurance policy leaves you financially vulnerable. Learn why timely renewal is non-negotiable for continuous coverage and peace of mind. Act now to secure your health.
Health insurers in India now offer customisable plans based on lifestyle. Learn how you can tailor coverage for fitness, diet, and mental wellness. Explore your options today!
Axis Max Life Insurance deploys Agentic AI, slashing customer query resolution time by 30%. Discover how this tech enhances service and boosts efficiency.
Samsung Life, BNP Paribas, Prudential Plc, and Norwest Venture Partners are evaluating a stake buy in IndiaFirst Life Insurance from Warburg Pincus, in a deal that could value the insurer at over ₹10,000 crore. Read more.
Warburg Pincus is in talks to sell its 26% stake in IndiaFirst Life Insurance, potentially valuing the insurer at over Rs 10,000 crore. The move follows recent insurance law amendments that have attracted global investors.
India's insurance penetration lags at 3.7% of GDP. Experts urge tax parity for pensions, wealth products & stamp duty relief in rural areas to enhance financial inclusion.
India's insurance sector is poised for robust growth in 2025, fueled by government reforms, digital adoption, and rising awareness. Leaders highlight key trends shaping the future. Read more.
Insurer rejected a bacterial meningitis claim? Learn the steps to successfully challenge the denial, from policy review to ombudsman. Expert advice from Insurance Samadhan.
Discover crucial yet often overlooked travel insurance covers in India, from adventure sports to mental health. Ensure you're fully protected on your next trip. Read more!
As the year ends, consider life insurance as a meaningful gift for lasting financial security. Explore Bandhan Life's plans for wealth and protection, with tax benefits under Section 80C.
Noida's consumer court directs Cigna TTK Health Insurance to pay a ₹35,000 claim with interest for wrongly labeling it as fraud. The insurer failed to verify documents properly. #ConsumerRights #HealthInsurance
Japan's Mitsubishi UFJ Financial Group (MUFG) invests Rs 3,961.8 crore for a 20% stake in Shriram Finance. Deal to strengthen capital base and expand financial services in India.
Japan's Mitsubishi UFJ Financial Group makes a massive Rs 39,618 crore investment for a 20% stake in Shriram Finance, marking a major FDI in India's NBFC sector. Read details.
Japan's MUFG Bank acquires a 20% stake in Shriram Finance for $4.4 billion, marking one of the largest cross-border deals this year. Shriram Group retains board and management control. Explore the details and implications for India's NBFC sector.
Tamil Nadu police uncover a chilling plot where two sons allegedly murdered their father using a Russell's viper to claim Rs 3 crore in life insurance. Six arrested in the meticulously planned crime.
Haryana govt reveals Rs 116+ crore in PMFBY crop insurance payouts are stuck for 2022-25. Bhiwani district worst affected. Steps taken for digital resolution.
Japan's MUFG acquires a 20% stake in Shriram Finance for Rs 39,618 crore, marking the largest FDI in India's financial services sector. This strategic partnership aims to boost capital and global expertise.
Japan's largest bank, MUFG, makes a historic Rs 39,618 crore investment for a 20% stake in Shriram Finance, marking the largest FDI in India's financial services sector. Read details.
Choosing term insurance? Don't just look at price. Use these 4 objective metrics—Claim Settlement Ratio, Amount Settlement Ratio, Solvency Ratio & Business Volume—to select a financially stable insurer that will honor claims. Protect your family's future