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.
BSNL unveils special New Year 2025 offers, adding extra daily data and extending validity up to 365 days on popular prepaid plans. Great deals for long-term users!
Taylor Swift reveals plans for a massive wedding with Travis Kelce and dedicates a song to him on her new album 'The Life of a Showgirl'. Get all the details here!
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
Explore the 5 major advantages of Unit Linked Insurance Plans (ULIPs), combining life cover with market-linked returns. Learn how ULIPs offer flexibility, tax benefits, and help achieve financial goals.
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.
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
PNB MetLife partners with Policybazaar to launch DigiProtect, a term insurance plan for salaried individuals. Offers up to ₹5 crore coverage, simplified underwriting. Learn more.
Axis Bank, Max Life Insurance, and Khyaal collaborate to enhance retirement readiness for senior citizens in Mumbai through integrated financial and wellness services. Learn about this innovative partnership.
Starting April 2025, term insurance premiums will be GST-free. Learn how this tax change impacts your financial planning and boosts insurance affordability in India.
Lok Sabha passes key insurance bill, raising FDI limit to 100% and strengthening IRDAI. Can it bridge India's low insurance density gap without over-regulation?
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.
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.
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.
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.
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.
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.
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.
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.
Reliance Jio introduces three new affordable prepaid plans, offering 2.5GB daily data and unlimited calls for around Rs 10 per day. Check out the details and validity.
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.
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.
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 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.