Irdai allows firms to offer customised insurance to match customer needs | Analysis

Premium Illustration: Binay Sinha From April 1, when we buy insurance for a car or take out a health cover, insurance companies can offer a product totally customised for us. This is the biggest change in the insurance product place to have happened in the Indian market. That there is no flash… Continue reading Irdai allows firms to offer customised insurance to match customer needs | Analysis

Will end FY24 with growth rate of over 30%: CEO Shriram Life Insurance | Company News

Premium Casparus J H Kromhout, CEO Sriram life Insurance Shriram Life Insurance Company, a joint venture between Shriram Group and South Africa-based Sanlam Ltd., has set a target of increasing its rural penetration by 50 per cent in the next three years. Casparus JH Kromhout, managing director and chief executive officer, talks to Shine… Continue reading Will end FY24 with growth rate of over 30%: CEO Shriram Life Insurance | Company News

Dodgers renew Andrew Toles’ contract, help him keep health insurance

Andrew Toles hasn’t played baseball since 2018. But the Dodgers renewed the outfielder’s contract Wednesday, just like they have around this time for the last six years. Like always, Toles has been placed on the restricted list and won’t take up a roster spot. The Dodgers declined to comment for this story and don’t appear… Continue reading Dodgers renew Andrew Toles’ contract, help him keep health insurance

Dodgers renew Andrew Toles’ contract, help him keep health insurance

Andrew Toles hasn’t played baseball since 2018. But the Dodgers renewed the outfielder’s contract Wednesday, just like they have around this time for the last six years. Like always, Toles has been placed on the restricted list and won’t take up a roster spot. The Dodgers declined to comment for this story and don’t appear… Continue reading Dodgers renew Andrew Toles’ contract, help him keep health insurance

PB Fintech’s net loss narrows to $1.4 mn in Q1 on loan, insurance demand

Revenue from operations rose 31.8% to 6.66 billion rupees, with revenue from Policybazaar and Paisabazaar, its core online business, growing 39% to 5.16 billion rupees. India’s PB Fintech the parent of online insurance aggregator Policybazaar, reported a narrower first-quarter loss on Monday on growing demand for insurance and loans.   PB Fintech, which… Continue reading PB Fintech’s net loss narrows to $1.4 mn in Q1 on loan, insurance demand

EPFO to appoint actuary to get consultancy for insurance, pension scheme

The Employees’ Provident Fund Organisation (EPFO) is in the process of appointing an actuary firm for the purpose of providing consultancy services to it on matters related to insurance and staff pension cum gratuity.   The statutory body under the Ministry of Labour & Employment had issued a request for proposal (RFP) to appoint… Continue reading EPFO to appoint actuary to get consultancy for insurance, pension scheme

Why students must buy travel insurance

Premium Students must buy insurance for travel before they head out for foreign campuses. (Photo: Shutterstock.) Many students are gearing up to embark on a life-changing journey abroad for higher studies. Before they leave India, they should arm themselves with a comprehensive student travel insurance plan. Contrary to what its name suggests, a student… Continue reading Why students must buy travel insurance

Snapshot of top 10 insurers offering term insurance to a 35-yr old male

New tax norm to hurt insurers; stocks attractive for the long run: Analysts Irdai grants permission to Go Digit Life Insurance to commence business How to book train insurance for less than a rupee, claim up to Rs 10 lakh Go Digit General Insurance re-files preliminary IPO papers with Sebi Checkmate for Chinese firms in… Continue reading Snapshot of top 10 insurers offering term insurance to a 35-yr old male

Shriram General Insurance reports 37% rise in net profit in June quarter

The company’s solvency at the end of June 2023 was 4.83 from 4.48 a year ago. It has settled 39,076 claims in Q1 FY24 compared to 33,811 in the year-ago period. Shriram General Insurance Company posted a 37 percent growth in net profit at Rs 98 crore during the first quarter of FY 24.… Continue reading Shriram General Insurance reports 37% rise in net profit in June quarter