The total assets under management (AUM) of LIC are over ₹41.66 lakh as of September 30, 2022. Therefore, LIC's exposure in the Adani group, as of date, is 0.975 per cent at book value
2 min read3 Feb 2023Cyber insurance gives additional coverage for IT consultants, counselling services, ATM robbery, counterfeit card liability, etc.
3 min read16 May 2022The year started on an uncertain note, the pandemic led to a significant loss of human life and now presents a challenge to public health systems, the way of working and the social norms, HDFC Life Chairman Deepak S Parekh said in the annual report
2 min read27 Jun 2021Policybazaar will now surrender its web aggregator licence to Insurance Regulatory and Development Authority of India (IRDAI) and undertake business including insurance aggregation under the broking umbrella
1 min read11 Jun 2021Irdai is trying to make changes in customer interest, but they just don’t go far enough
4 min read27 Oct 2020The committee set up by the Insurance Regulatory and Development Authority of India (Irdai) to suggest steps to promote micro-insuranceThe report also suggested that Irdai and/or the central government may establish a Microinsurance Development Fund
2 min read11 Oct 2020Always suspect offers which look too good to be true. Check twice with the insurance company before falling for any such offer.
1 min read8 Oct 2020In its draft guidelines, Irdai, has suggested three colors—green, orange and red—that will denote product complexity.
2 min read7 Oct 2020Mint SecureNow Mediclaim Ratings (MSMR), too, looks at claims data available in the public domain when rating health insurance plans
5 min read6 Oct 2020Irdai’s plans come at a time many insurers have solvency ratios just above the minimum limit of 150%
1 min read18 Sep 2020The 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