In the June quarter, growth in the segment stood at around 4 per cent, with premium collection at Rs 15,724 crore against Rs 15,074 crore in the same period of FY19. This was the lowest growth in......
Irdai has proposed to increase the Motor Third Party premium rates for cars below 1000 cc to Rs 2,120 from the existing Rs 1,850 for the fiscal 2019-20. Illustration: Uttam Ghosh/Rediff.com......
At its heart, the issue is more than compliance.It is the risk of possible breakdown of a strong nexus between insurance firms and motor car dealers that makes the business the top earner for the......
Expect premiums to go up or introduction of a co-pay option for third-party damage It’s a new, and a much tougher regime for violators of traffic rules. With the new Motor Vehicles Act......
Premium hike in case of bigger cars and SUVs (above 1,500 cc) is 25 per cent. Insurance of vehicle, including cars and bikes, will become costlier from April 1 as insurance regulator......