IRDAI removes age limits on health insurance, huge relief for seniors

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.......

Air India crash creates rare insurance dilemma: Nominees also among dead

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......

'Insurance penetration continues to remain low'

'By quick, fast, and just awards, the insurance ombudsman can bring the trust of the policyholders in the insurance system and insurance as a product and create a positive impact on the entire......

Irdai proposes internal ombudsman to address claims up to Rs 50 lakh

The Insurance Regulatory & Development Authority of India (Irdai) on Wednesday proposed setting up an internal insurance ombudsman for insurance companies -- except reinsurers-- with over three......

FinMin: No Directions Given to LIC on Investments

LIC's investment decisions are taken independently, following strict due diligence, risk assessment and fiduciary compliance. Photograph: Dado Ruvic/Illustration/File Photo/Reuters   The ministry......

Reits to be gradually included in market indices, says Sebi chief

India’s market regulator is moving ahead to include real estate investment trusts (Reits) in benchmark indices in a phased manner, Sebi chief Tuhin Kanta Pandey said, while asserting that the......