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insurance companies

IRDAI implements strict rules to combat insurance fraud after data breaches

IRDAI implements strict rules to combat insurance fraud after data breaches

Sat, Oct 26, 2024

The Insurance Regulatory and Development Authority of India (IRDAI) has proposed stricter regulations for insurance companies following recent data breaches, notably involving Star Health Insurance. New guidelines require firms to adopt an anti-fraud policy, establish independent Fraud Monitoring Units (FMUs), enhance cybersecurity, and conduct regular awareness programs. These measures aim to combat identity theft and financial loss associated with cyber fraud, ensuring better protection for policyholders and the integrity of the insurance industry.

Insurance Companies Alert: Big meeting this week regarding amendment in insurance law

Insurance Companies Alert: Big meeting this week regarding amendment in insurance law

Thu, Sep 26, 2024

Big news for all insurance companies. Big meeting this week regarding amendment in the Insurance Law. Preparation to bring a bill to amend the law in the winter session. The amendment has been stuck for several months, now it has gained momentum. Know the complete details in this video.

IRDAI instructs insurance companies to upload policyholders' KYC information to CKYCRR's website

IRDAI instructs insurance companies to upload policyholders' KYC information to CKYCRR's website

Tue, Aug 20, 2024

After the Insurance Regulatory and Development Authority's instructions, mutual fund distributors and insurance agents will be able to use each other's CKYC data.

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Budget 2024: Major Announcements for Insurance Companies!

Budget 2024: Major Announcements for Insurance Companies!

Thu, Jun 27, 2024

Big announcement for insurance companies in the budget. You can get discount for selling both general and life insurance policies. All insurance companies will be able to sell all types of policies. Know complete details.

SBI Life, HDFC Life, ICICI Prudential, Max Financial: What is UBS' bet on Indian insurance firms?

SBI Life, HDFC Life, ICICI Prudential, Max Financial: What is UBS' bet on Indian insurance firms?

Fri, Mar 15, 2024

Life insurance stocks to buy: UBS believes demand for non-par guaranteed products should improve in line with historical trends, with margin expansion from FY25 onwards.

LIC offers guaranteed return plan with the launch of Jeevan Utsav

LIC offers guaranteed return plan with the launch of Jeevan Utsav

Wed, Nov 29, 2023

LIC’s Jeevan Utsav Plan 871 is characterised as a Non-Linked, Non-Participating, Individual, Savings, Whole Life Insurance plan. It operates as a Limited Premium plan, providing Guaranteed Additions throughout the Premium Paying Term.

DFS Secretary to Chair Crucial Discussion on Capital Infusion in General Insurance Companies

DFS Secretary to Chair Crucial Discussion on Capital Infusion in General Insurance Companies

Thu, Sep 28, 2023

Good news for GeneralInsuranceCompanies. Tomorrow an important meeting will be held under the chairmanship of DFS Secretary to inject capital into general insurance companies - news quoting sources. Demand of ₹29,000 Cr from 3 general insurance companies, know complete details in this video

General Insurance Growth Continues with 14% Spike in July

General Insurance Growth Continues with 14% Spike in July

Tue, Aug 08, 2023

Growth continues in General Insurance. Private insurance companies ahead of government. 14% growth in July, about 15% growth in June, know full details in this video...

Life insurers' Q1 new business premium collections decline 0.9%: Report

Life insurers' Q1 new business premium collections decline 0.9%: Report

Wed, Jul 12, 2023

Among total collections in the first quarter, private players grew 10.6 per cent to Rs 28,167.7 crore year-on-year from Rs 25,473.5 crore, when it grew by 48.8 per cent.

Exclusive: Tough Time For Insurance Companies! IT Dept And GST IRDAI Sents Letter To SEBI Over Tax Evasion By Companies

Exclusive: Tough Time For Insurance Companies! IT Dept And GST IRDAI Sents Letter To SEBI Over Tax Evasion By Companies

Fri, Apr 21, 2023

According to the exclusive news of Zee Business, IT department and GST IRDAI have sent a letter to SEBI over tax evasion by insurance companies. Listed companies are accused of irregularities in the name of commission. Know the complete news from Tarun Sharma.

Insurance Sector Q4 Results Preview: How Will Be The Results Of Insurance Sector? Watch Here

Insurance Sector Q4 Results Preview: How Will Be The Results Of Insurance Sector? Watch Here

Thu, Apr 13, 2023

Insurance companies are in focus. How will be the performance of insurance companies in the fourth quarter? What does the forecast say before the results? Know full details from Varun Dubey.

GST Fraud Worth Crores By Insurance Companies Detected

GST Fraud Worth Crores By Insurance Companies Detected

Wed, Apr 12, 2023

According to the news quoting sources, The Goods and Services Tax (GST) Intelligence has detected tax evasion of more than Rs 2500 crore by insurance companies. Which companies were caught in tax evasion? Watch in this video.

Govt to infuse more capital in public sector general insurers next year

Govt to infuse more capital in public sector general insurers next year

Sun, Mar 12, 2023

During 2020-21, Rs 9,950 crore was infused in three public sector general insurers by the government, out of which Rs 3,605 crore was infused in United India Insurance, Rs 3,175 crore in National Insurance and Rs 3,170 crore in Oriental Insurance.

Brokerages bullish on Bharti Airtel, Tata Chemicals, Federal Bank--Check Target Price

Brokerages bullish on Bharti Airtel, Tata Chemicals, Federal Bank--Check Target Price

Tue, Jan 17, 2023

Global brokerages have shared their views on Federal Bank, Bharti Airtel, Tata Chemicals and insurance companies, as the corporate earnings season picks up.

Zee Biz Exclusive: Insurance Companies On Radar Of DGGI As Higher Commission Paid To Agent Through Fake Invoice

Zee Biz Exclusive: Insurance Companies On Radar Of DGGI As Higher Commission Paid To Agent Through Fake Invoice

Thu, Nov 10, 2022

Insurance companies on radar of DGGI as higher commission paid to agent through fake invoice. Meerut, Mumbai circle begins probe into general insurance companies. Know this exclusive news from Tarun Sharma.

PSU general insurers employees on strike: How much salary hike they want?

PSU general insurers employees on strike: How much salary hike they want?

Fri, Sep 09, 2022

Be that as it may, in order to reap the goodwill of the employees, the government may even revise the offer matching that of LIC wage revision.

Rule change alert! Big changes that will directly impact common man's pocket from September 1

Rule change alert! Big changes that will directly impact common man's pocket from September 1

Wed, Aug 31, 2022

Rules Change From September 1: Here's a list of 7 big changes that will come into effect from September 1.

Go Digit General Insurance IPO coming soon: Fairfax-backed firm files IPO papers with Sebi

Go Digit General Insurance IPO coming soon: Fairfax-backed firm files IPO papers with Sebi

Wed, Aug 17, 2022

Proceeds from the fresh issuance will be utilized for the augmentation of the company's capital base and maintenance of solvency levels and general corporate purposes.

Domestic investors pip FPIs to hold all-time high in June 2022 quarter

Domestic investors pip FPIs to hold all-time high in June 2022 quarter

Mon, Aug 08, 2022

Share of domestic institutional investors (DIIs), which includes domestic mutual funds, insurance companies, banks, financial institutions, pension funds along with retail and High Net-worth Individual (HNI) investors reached an all time high of 23.53 per cent as on June 30, 2022 from 23.34 per c

IRDAI issues draft notification on rules limiting expenses of life insurance companies – details

IRDAI issues draft notification on rules limiting expenses of life insurance companies – details

Fri, Aug 05, 2022

The insurance regulator IRDAI has asked the life insurance companies to reduce their expenses and pass on the benefits to the customers. It has also made provisions to stop allowances of the top management of the companies in the event of a violation of the IRDAI rules mandating the limit of expenditure.

Zee Biz Exclusive: Big Decisions In The Board Meeting Of IRDAI; Watch Details Here

Zee Biz Exclusive: Big Decisions In The Board Meeting Of IRDAI; Watch Details Here

Thu, Jul 28, 2022

Easy rules for raising capital for insurance companies. Approval is not necessary for alternative methods for raising capital. Banks will be able to sell products of more than 3 companies. Know full news from Anurag Shah.

Commission paid to agents to be mentioned on insurance cover note - What IRDAI proposed

Commission paid to agents to be mentioned on insurance cover note - What IRDAI proposed

Tue, Jul 12, 2022

Insurance Policy Commission: In order to prevent misselling and increase transparency in insurance policies, the committee formed by IRDAI has proposed a proposal in which the commission paid to agents will be mentioned on the insurance cover note. A source tells Zee Business Anurag Shah.

Money Guru: What is ‘Use and File’ In Insurance? Expert decodes

Money Guru: What is ‘Use and File’ In Insurance? Expert decodes

Fri, Jul 08, 2022

Money Guru: Recently, the insurance regulator gave its permission to life insurance companies to offer health covers too. In such a situation, the question is whether it is right to take a health cover from a life insurance company? What is 'Use and File' in Insurance? Expert in Personal Finance matters, Venkatesh Naidu, explains this in a TV Show Money Guru in Zee Business

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