Union Budget 2024: Insurance Sector Demands Hike In Deduction Limit For Health Insurance Premiums
Although dates have not been announced officially, reports have said that FM Sitharaman could present the Union Budget on July 24.
Jul 06, 2024, 07:02 AM IST
Interim Budget 2024: Exempt Insurance Policies From GST, Demands Insurance Sector
Insurance sector has also demanded the government to increase the tax exemption limit under 80C, which will encourage savings, promote insurance coverage, and stimulate economic growth.
Jan 30, 2024, 13:39 PM IST
DNA: If you use more phone then pay more insurance premium
DNA: If you spend more time on social media on your mobile, then you may have to pay more insurance premium in future. Because now your social media profile will decide how much your insurance will be.
Jun 28, 2023, 00:10 AM IST
After nationwide bank strike, now insurance companies to protest against privatisation
The unions in the non-life and life sectors will be going on strike protesting against the government's decision to privatise one of the general insurance companies, increasing foreign direct investment limit to 74 per cent and divest stakes in LIC by an initial public offer (IPO), union leaders told.
Mar 16, 2021, 19:27 PM IST
Interim Budget 2019: Government may announce various sops for insurance sector
The Interim Budget (2019-20) will be presented on February 1.
Jan 29, 2019, 12:40 PM IST
Hiring activity sees 6% growth in February 2018: Report
The demand to hire seasoned professionals in senior management roles with experience of over 16 years saw 16% YoY growth.
Mar 18, 2018, 15:54 PM IST
New India Assurance net profit zooms to Rs 617 crore in Q3
For the quarter under review, the firm has earned a total income of Rs 5,900.68 crore up from Rs 4,729.18 crore earned during the corresponding quarter of the previous year.
Feb 03, 2018, 18:04 PM IST
Union Budget 2018: Insurance sector and expectations from the Modi govt
Pradhan Mantri Fasal Bima Yojana farmers pay a very nominal premium and get a full claim for the crop damage.
Jan 30, 2018, 00:13 AM IST
Insurance cos to focus on IPOs, consolidation in 2018
The insurance industry is witnessing growth and is projected to have great times in the years to come.
Dec 30, 2017, 12:48 PM IST
GST: Insurance policies to get dearer from July 1
Buying an insurance cover will become an expensive proposition from July 1 with the GST Council deciding to club it with the financial services sector and taxing it at 18 percent under the GST regime.
May 20, 2017, 10:27 AM IST
Give govt employees freedom to choose fund managers: PFRDA
Insurance regulator PFRDA wants government employees to be given freedom to choose their fund managers and investment pattern for money invested in Atal Pension Yojana.
Apr 12, 2016, 20:35 PM IST
Most Indians don't buy health insurance on high premium: Study
People across all age groups in India do not buy health insurance due to high premium cost, a survey released on the occasion of World Health Day revealed on Thursday.
Apr 07, 2016, 20:14 PM IST
Irdai ask insurers for compliance details on Ombudsman orders
Taking note of delay by insurers in implementing orders and awards of Ombudsmen, insurance regulator Irdai today directed companies to furnish details of cases pending for compliance for the last three years.
Apr 01, 2016, 20:34 PM IST
Govt mulling 49% FDI in insurance sector via automatic route
Government is considering a proposal to permit 49 percent FDI through automatic approval route in the insurance sector with a view to attracting more overseas inflows.
Feb 21, 2016, 14:37 PM IST
Insurance FDI: Indian promoters to decide on directors, CEO
With 49 percent FDI being allowed in insurance sector, regulator IRDAI Monday said Indian promoters will have control over appointment of majority of directors and that of key management persons, including CEOs.
Oct 19, 2015, 23:27 PM IST
Strengthening network key to insurance sector growth: Report
Insurers should embrace the digital space with a resilient cyber security framework to disrupt the traditional business structures, it said, adding that cyber-security is a key risk area for insurance.
Aug 30, 2015, 13:15 PM IST
Mastek shares crash 67.5% on demerger of insurance business
The stock tumbled 67.45 percent to Rs 142.50, its 52-week low at the BSE. On the NSE, it crashed 67.46 percent to hit its one-year low of Rs 142.50.
Jun 12, 2015, 14:46 PM IST
Insurers want sops to start catastrophe pool
General insurers have urged the government to offer them some incentives for providing subsidised catastrophe cover to the poor under the proposed natural catastrophe pool.
May 29, 2015, 22:36 PM IST
Panel suggests a new disclaimer for use in insurers' ads
The report has also recommended that there should be greater transparency and clarity to enable policy holders to understand the boundaries of coverage in their policies.
May 24, 2015, 11:55 AM IST
IRDAI seeks suggestions on proposed amendments to its rules
Insurance sector regulator IRDAI has sought public comments on proposed amendments to its existing norms pursuant to the introduction of Insurance Laws (Amendment) Act, 2015.
May 11, 2015, 22:18 PM IST
