The devastating Air India 171 plane crash, which claimed 241 lives on board and 29 on the ground, has created an unforeseen challenge for insurance companies to settle some claims where even the......
From hotel booking cancellations to loss of baggage, and from accidental death coverage to trip plan withdrawals, insurance companies have received a range of claims from the kin of the Ahmedabad......
'Marathwada is the suicide capital of Maharashtra.''To stop such man-made disasters, the government should immediately come up with a rightful package, not this charitable approach to......
The Insurance Regulatory and Development Authority of India has removed the age cap on buying health insurance policies, effective from April 1, 2024. Image used for representational purpose only.......
'It will support our growth aspirations. It's very positive as it helps expand the market in a segment that really needs it.' Illustration: Dominic Xavier/Rediff Shriram Life Insurance, promoted......
Canadian firm Manulife and Mahindra & Mahindra (M&M), an Indian automaker with interests in financial services, have signed an agreement to form a 50:50 life insurance joint venture (JV) with a......
'Other sectors that manage the savings pools of Indians are giving tough competition to life insurance companies.' Kindly note that this illustration generated using Microsoft Copilot has only......
The All India Insurance Employees’ Association has opposed the government directive seeking to open up top posts in the state-owned insurers to the private sector, saying this would lead to......
'The government is putting insurance in the same category as food, which is essential for life.''Now this is an opportunity for the sector to focus on the consumer.' Photograph: Kind courtesy LIC......