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News
State consumer panel denies insurance claim in suicide case
3+ week, 3+ day ago (362+ words) The Times of India Dehradun: State Consumer Disputes Redressal Commission has set aside a district commission order directing Max Life Insurance Company Limited to pay a death claim, holding that the insured had died by suicide within 12 months of the…...
Commission caps may hit low-value life covers
3+ week, 6+ day ago (256+ words) The Times of India MUMBAI: The insurance regulator Irdai is considering an effort-based commission framework linking distributor payouts to selling and servicing effort, but life insurers fear lower commissions for group and embedded products could shrink coverage among low-income borrowers…...
'Rise in early exits from life policies points to misselling"
2+ mon, 4+ day ago (326+ words) 'Rise in early exits from life policies points to misselling' The Times of India MUMBAI: RBI's Financial Stability Report has flagged a rise in early exits from life insurance policies, with surrenders and withdrawals now exceeding maturity pay-outs, signalling policyholder…...
Robust health: Life insurance industry new biz grows 15.7%
4+ mon, 2+ week ago (370+ words) The Times of India MUMBAI: The life insurance industry recorded a 15.7% expansion in new business premiums during FY26, as the sector navigated a landscape defined by diverging growth strategies across individual and group segments Total premiums across the industry climbed to…...
Life insurance volumes dip as investment choices widen | Chennai News
7+ mon, 2+ week ago (486+ words) Life insurance volumes dip as investment choices widen Times of India...
Improving underwriting discipline among psu's to benefit non-life sector: Moody's
7+ mon, 3+ week ago (381+ words) Times of India MUMBAI: Moodyâs Ratings said in a report that Indiaâs insurance sector is likely to benefit from Govt moves to recapitalise and merge state-owned non-life insurers, as the measures aim to improve underwriting discipline, ease pricing…...