Tag: Insurers
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Upcoming Launch of Non-public Insurers’ Grievance Redressal Rankings by Finance Ministry
New Delhi, Dec 13 (KNN) Rating of personal sector insurers on the idea of their efficiency in well timed dealing with of grievances is within the pipeline following related train for state-owned banks and insurance coverage firms, and personal banks. Ministry of Finance in a press launch mentioned that the rating of public sector banks,…
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Overseas Insurers Acquire Entry to Indian Market With out Native Companions
The Union Cupboard on Friday accepted a invoice to boost the FDI restrict within the insurance coverage sector from 74% to 100% to unlock the sector’s full potential by attracting extra secure overseas capital and know-how, eliminating the necessity for necessary Indian three way partnership companions, and in the end boosting nationwide insurance coverage penetration.…
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Life Insurers Expertise Robust Development in November for Third Consecutive Month
In November, insurers noticed a major rebound in single-premium enterprise, which grew 29.4% on-year, after a 19.8% decline the earlier yr. This restoration primarily displays the normalisation of demand following the bottom impact from the implementation of the surrender-value regulation in late 2024, in addition to extra beneficial positioning of particular person single-premium plans. In…