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  7 Common insurance mistakes that can jeopardise your financial security

  Business | March 07, 2025 23:33 IST

  Insurance is a vital part of financial planning, offering protection against unforeseen events. However, common insurance mistakes—like not reviewing coverage needs, ignoring policy details, or failing to compare plans—can leave you vulnerable.

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  Term Insurance premium hike: Here's how you can lock premiums at lower rate

  Business | December 07, 2021 13:46 IST

  As insurers are engaged in talks with the reinsurers on the quantum of the hike, term plan premiums are set to become costlier for policyholders. The term plan premiums hike is likely to affect policyholders' pockets.

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  Term insurance premium set to rise up to 40% from December 2021 | Know why

  Business | November 27, 2021 15:33 IST

  Covid-19 death claims in Q1 were higher than the cumulative claims in the entire FY21, resulting hike in term insurance policy premiums.

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  Bill for privatisation of state-run general insurance companies gets Parliament nod

  India | August 11, 2021 22:35 IST

  According to the statement of objects and reasons of the general insurance amendment bill, it seeks to remove the requirement that the central government should hold not less than 51 per cent of the equity capital in a specified insurer.

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  Vaccinate staff of banks, insurance companies on priority: Finance Ministry to States

  India | May 14, 2021 17:24 IST

  The finance ministry on Friday asked state governments to accord priority to employees of banks and insurance companies for COVID-19 vaccination, saying they are exposed to high risks during these difficult times.

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  Non-life insurers direct premium rises by 6.7 per cent in January

  Business | February 14, 2021 12:45 IST

  Among these, 25 general insurance companies witnessed 10.8 per cent increase in their collective premium in the first month of 2021 at Rs 16,247.24 crore as against Rs 14,663.40 crore in January 2020, according to Insurance Regulatory and Development Authority of India (Irdai) data.

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  Wildfires cause turmoil in CA property insurance market

  World | December 25, 2019 10:17 IST

  Kent Michitsch seemed to be running out of traditional options to insure the home he’s lived in for more than 30 years northeast of San Diego as California’s massive property insurance market reels from three consecutive years of destructive wildfires.

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  Accident victim's kin awarded Rs 30 lakh relief after 9 years

  India | December 18, 2019 16:20 IST

  The accident took place on May 15, 2011 at Dombivli-Kalyan road when a speeding car rammed into the stationary vehicle the deceased Mayur Davda, an employee of a private airline, was sitting in, killing him on the spot.

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  Policybazaar fined Rs 10 lakh for concealing facts

  Business | June 05, 2019 14:24 IST

  The Delhi High Court has slapped a Rs 10 lakh fine on Policybazaar, an online platform that aggregates insurance plans and serves as a marketplace for policies, for concealing facts to obtain a favourable order in a trademark infringement case filed by it against an insurance company.

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  Cabinet approves listing of 5 public sector general insurance cos in stock market

  January 18, 2017 16:16 IST

  The Cabinet Committee on Economic Affairs on Wednesday has given its green signal to go ahead with the listing of five public sector general insurance companies in the stock exchanges. Finance Minister Arun Jaitley said

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  Banks, insurance unions to strike work tomorrow

  September 01, 2015 14:32 IST

  Chennai: Employees of public sector banks and government-owned non-life insurance companies would go on strike on Wednesday to protest against the anti-trade union and worker policies of the central government, union leaders said on Tuesday."The

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  Reliance Capital expects turnaround in insurance business in 2015

  January 04, 2015 16:34 IST

  Mumbai: Confident about further growth in its mutual fund and securities market businesses, financial sector conglomerate Reliance Capital expects a turnaround in its life insurance business as well in 2015.Besides, the group should record faster

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  Cobrapost expose: 23 banks, 4 insurance companies figure in money laundering, Finance Ministry orders action

  May 06, 2013 21:09 IST

  New Delhi, May 6 :  An investigative website Cobrapost Monday alleged that at least 23 top public and private banks and insurance companies have been doing large-scale money laundering. Several of the firms named denied

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  Govt issues summons to insurance companies for over Rs 300-cr service tax evasion

  October 07, 2012 22:54 IST

  New Delhi, Oct 7: The Finance Ministry has issued summons to about a dozen insurance firms seeking documents pertaining to sale of insurance policies and commission paid to their field associates as part of its