In India, health insurance awareness is increasing as a rapid jump in business in the first half of the current year indicated. According to the Insurance Regulatory and Development Authority of India (IRDAI), the total number of lives covered un...Continue reading..
As presumed, if the government dilutes 10 per cent ofLIC’s stake, the sum of the initial public offer (IPO) isexpected to be around ₹1 trillion to ₹1.5 trillion, whichthe Indian IPO market has never seen in history. Thesize would be roughly 10 times...Continue reading..
ICICI Lombard, one of India’s leading private sector non-life insurance companies, has launched ICICI Lombard Complete Health Insurance offering with new health plans and benefits. The plans – Health Shield, Health Shield Plus, Health Elite and HealtContinue reading..
As a shareholder, Rana Kapoor's principal aim naturally was to add value to his holding. For this, he used to declare aloud and repeated several times that he wanted to build the world's best bank in India. Finally, he landed in jail. YES, would ...Continue reading..
Challenges and Opportunities. The industry has witnessed a major disruption with the introduction of insur-techs. This has led to a better pricing and improved service levels including claims management. With this change, the industry has seen in...Continue reading..
Customer trust, product transparency, quick claim settlement. With strong bancassurance channel, agency portal, online platform for distribution and rapid rural penetration strategies, USGlC's business is set to grow faster. While the existin...Continue reading..
When the insurance regulator regulates the industry, GI Council creates a desirable platform for the general insurers to broad-base their business with necessary feedback and data supports. The General Insurance Council (GI Council) has a legacy ...Continue reading..
There is a huge leg space for GIC of India to expand its business and earn substantially in the years ahead. As a reinsurance market leader in India, which is the tenth largest life and fourth fifteenth largest non-life market, GIC, through its glob...Continue reading..
Life business in Indiais three and half times more than the size of non-life business in terms ofpremium, a starring contrast to the global trend. This indicates a huge legroom for non-life to grow as the penetration is gaining momentum, to reach cl...Continue reading..