Tag: insurers
IRDAI asks life insurers to offer surrender value in first year
Mumbai: The Insurance Regulatory and Development Authority of India (IRDAI) has asked insurance companies to offer a surrender value from the first year itself, a…
From steam to sensors and solar: HSB's tale of reinvention
When John Riggs joined HSB in January 2020, he was tasked with exploring how emerging technologies could enable new growth for the 150-year-old insurance company….
Irdai instructs insurers to ease, expedite claims settlement for victims of Odisha train accident
The Insurance Regulatory and Development Authority of India (Irdai) has issued guidelines that insurance companies must follow when settling insurance claims of victims of the…
How the industry plans to deal with proposed taxation of traditional covers, Vignesh Shahane, Ageas Federal Life Insurance explains
To deal with the proposed taxation of traditional plans, the industry is evolving a strategy to shift focus from high ticket size to number of…
Come out with insurance products for persons with disabilities, mental illness: Irdai to insurers
Regulator Irdai has asked general and standalone health insurers to offer a specific cover for Persons with Disabilities (PWD), persons afflicted with HIV/AIDS, and those…