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Irdai commission caps: Brokers to seek more time to submit feedback on Friday

Mumbai, Oct. 6 -- Mumbai: The Insurance Brokers Association of India (IBAI) will meet the regulator on Friday to seek more time to assess the impact of the proposed overhaul of distribution rules. In... Read More


Catch them young: ICICI Lombard eyes 18-35-year-olds with digital health cover

Mumbai, Oct. 1 -- ICICI Lombard is targeting younger customers with digital-first health insurance products, health and wellness initiatives, mental wellbeing and lifestyle-linked reward points as it ... Read More


Banks, NBFC insurance income at risk on Irdai fee caps

Mumbai, Sept. 24 -- Banks and non-banking financial companies (NBFCs) could see a sharp reduction in insurance distribution income under proposed commission caps by the Insurance Regulatory and Develo... Read More


IndiaFirst Life bets on agentic AI for long-term gains, ties-up with Salesforce

Mumbai, Aug. 27 -- IndiaFirst Life Insurance is embedding autonomous AI agents across sales coaching, underwriting, claims processing, email automation and recruitment in partnership with Salesforce, ... Read More


ICICI Pru Life says StanChart 'values' tie-up amid talk the bank may exit as distributor

Mumbai, July 15 -- Amid speculation that Standard Chartered may end its bancassurance partnership with ICICI Prudential Life Insurance, the insurer's chief distribution officer Amish Banker said on We... Read More


Can risk-based capital regime end PSU insurers' solvency issues?

Mumbai, July 10 -- State-owned general insurers are backing the proposed shift to a risk-based capital regime, saying it could improve their solvency position by allowing assets to be valued at curren... Read More


Can risk-based valuation end PSU insurers' solvency issues?

Mumbai, July 10 -- State-owned general insurers are backing the proposed shift to a risk-based capital regime, under which assets are valued at current market prices instead of historical cost, saying... Read More