Tag: Insurance

Future Generali narrows loss

Future Generali India Life Insurance (FGILI) is closing in on breakeven, significantly narrowing its losses to Rs 6.4 crore in FY25—a significant 94 per...

ICICI Lombard bets on climate risk plan

Recognising the increasing vulnerability to natural catastrophes — especially across industrial corridors, logistics hubs and renewable energy zones, ICICI Lombard has decided to invest...

India’s Insurance Renaissance

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...

Insurance: Focus on customer and their rights…

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...

Insurance Round Up – Changes favouring customers…

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...

Insurance – Predatory practice to lure customers

Insurance sector has been under the scrutiny of government agencies for some time now. First the GST authorities raised a huge demand running into...

Insurance – Will the consumer be protected from influence?

Unlike other sectors, insurance is considered to be a field where there has to be strong regulations to protect policyholders. Despite this, policyholders are...

Global Turmoil will shape insurance – KB Vijay Srinivas, retired director and holding joint additional charge as CMD of United India Insurance Company

Insurance mainly depends on the performance of trade and economy. World over, times have not been good. As the sector is tied with trade...

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