The market share of private insurers increased to 30.64% in 2017-18, from 28.19% in 2016-17
1 min read13 Jan 2019A personal accident policy insures you against death, permanent total disability, permanent partial disability and temporary total disability in case of an accident
2 min read5 Nov 2018The new regulator needs to take note of two changes, rising tax-GDP ratio and more binding FRBM targets, that will redefine its relationship with the ministry of finance and how much rope the regulator will get
3 min read3 May 2018IRDA chairman T.S. Vijayan hints at an imminent cap on insurance companies' expense ratio, which may force insurers to reduce commission paid to insurance agents
1 min read8 Aug 2017Irdai said insurance accruals lying unclaimed for a period of over 10 years as on 30 September will have to be deposited into a fund meant for senior citizens by 1 March 2018
1 min read25 Jul 2017Irdai has been trying to get insurance policies under demat format since 2013, but Life Insurance Corp. of India (LIC) has always resisted the move
3 min read28 Mar 2017Insurance | Irda wants agents’ deal for at least three years
1 min read7 Sep 2009The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared