Premiums Rise, Penetration Declines in FY 2023-24
As of the fiscal year 2023-24, India's insurance market has demonstrated robust growth. The total insurance premium increased...
GST clarification-a relief for insurers
The GST Council took a decision not to levy tax on insurance premium and reinsurance commission, retrospectively. Co-insurance is an...
Major changes have happened in the insurance sector. While some bring cheer to the retail sector, few favour with the corporates.
Till 2006, the insurance...
Unlike other sectors, insurance is considered to be a field where there has to be strong regulations to protect policyholders. Despite this, policyholders are...
In 2022, insurance disputes accounted for a significant 27 per cent of cases in consumer courts, revealing the pervasive challenges within the industry. Out...
Ballooning inflation and burgeoning employees in the government sector have resulted in increase in the number of retirees. Their pensions eat huge chunks of...
