Brokerages expect a further slowdown in Indian firms' revenue and earnings growth in Q4FY25, following low single-digit growth in the preceding three quarters, as factors like weak consumer demand and credit growth linger on.
Often, these gangs tie up with former sector employees to understand how the process works
Indian and global airlines such as SpiceJet, Emirates, Virgin Atlantic among others too are marketing Covid-19 insurance products to attract passengers.
It will allow more transparency in policies and flexibility in premium payment, besides improving processing of claims.
Analysts say large issue sizes and high prices were key reasons for the poor response to IPOs of other public sector insurance entities. The high share price meant small investors did not foresee any listing gain
'Do exhaustive research and then select the one that best fits your budget and requirements.'
The new Insurance Bill may take little time to see light of teh day.
Finance ministry considers tax sops, regulation of hospitals to make health care affordable.
The Reserve Bank is unlikely to ease the benchmark policy rate during 2024 given the uncertainty over food inflation, State Bank of India (SBI) chairman C S Setty has said. The US Federal Reserve's first cut in interest rates in more than four years is expected soon, triggering central banks in other economies to follow suit. "On the rate front, a lot of central banks are taking independent calls.
Educate yourself about your car insurance policy's terms and conditions before buying or renewing it, suggests Animesh Das, head of product strategy, ACKO General Insurance.
'The outlook for the next Samvat is more constructive, as many of the earlier drags are gradually becoming supports.'
Public insurer New India Assurance has accused the troubled NACIL of flouting the tender norms for about Rs 45,000-crore (Rs 450 billion) insurance cover for Air India's fleet to favour a consortium led by an Anil Ambani group firm, which refuted the allegation.
Religare Enterprises, a financial services firm, has disclosed that the Reserve Bank of India (RBI) turned down its application to appoint Rakesh Asthana as its whole-time director in May this year without citing any reasons. Asthana is a former top official of the Central Bureau of Investigation (CBI). In a notice to the stock exchanges, Religare said that while the company and Asthana were weighing the options of dealing with the letter of refusal by the RBI, it was also busy in preparing for the "herculean task" of making ready multiple applications to regulators.
Sanjay Kumar Singh draws up a mediclaim policy checklist.
No legal proceedings have been initiated against Nestl till now.
The online channel has only been successful in making inroads in metro cities.
RBI's draft guidelines prescribe that banks with a strong capital base and NPAs below 3% can become brokers.
The key assets put on the block include its entire stake in Reliance General Insurance Company, the third-largest private sector insurer, and a 49 per cent stake in Reliance Nippon Life Insurance, a joint venture with Nippon Life, which is among the top five private-sector insurance companies.
Naval Goel of PolicyX answers some important questions before buying insurance policies
While mobility aggregators such as Rapido and Uber have welcomed the decision, gig workers associations and unions remain concerned.
The pool was formed by non-life insurance cos in India in Apr '02.
All costs relating to room, boarding, nursing expenses, medical consultation including telemedicine, consumables such as PPE kits and intensive care unit will be covered under the policy. It will also include the cost of treatment for any other co-morbidities, including pre-existing comorbid conditions along with the treatment for Covid-19.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
Life Insurance Corporation of India (LIC) reported encouraging results for the April-June quarter (Q1) of FY26. The net premium income of India's largest life insurer was Rs 1.2 trillion, up 5 per cent year-on-year (Y-o-Y), in Q1. Renewal premium grew 6 per cent Y-o-Y to Rs 59,900 crore, while first-year and single premium grew 1 per cent and 4 per cent Y-o-Y respectively to Rs 7,500 crore and Rs 51,900 crore.
Annual premiums do not exceed what you readily shell out for an OTT subscription.
Experts suggest that it's best to go for the bundled product that has only one-year own damage cover.
When compared to a one-year insurance, here's why it makes sense to buy a three-year policy
A customer can also appoint a surveyor on his own expense
Over 25 crore workers across India are set to strike against new labour codes and privatisation, potentially disrupting banking, postal, and other essential services.
Implementation of BI tools can improve the bottom line by 10-15 per cent of insurance companies.
A travel insurance plan can help protect your dream holiday from turning into a nightmare.
Agents often influence customers into buying new products every year instead of continuing with their existing policies
You will be much better off buying the required plans directly from life and general insurers, experts tell Chirag Madia
Insurance companies are anticipating claims of at least Rs 500 crore from the incessant rains and flooding in Chennai.
Those who have an insurance policy need to check its clauses to determine if it covers home care treatment, advises Bindisha Sarang.
India's financial sector is dominated by large government-owned and private-sector banks.
The Insurance Regulatory and Development Authority (Irda) has fined 10 insurance companies, including both the insurance arms of the Bajaj Auto Group, Reliance General, United India, Iffco-Tokio, New India Assurance and Shriram Life for non-compliance with various guidelines. The violations varied from opening branch offices without seeking the regulator's permission to violation of advertisement guidelines and non-fulfilment of social sector obligations.
