IRDAI Circular– The Growth of Insurance Business

IRDAI Circular– The Growth of Insurance Business: November 2018 vs November 2017

November 2018 was yet another productive month for life and general insurance companies as the insurance segment recorded positive growth figures over November 2018 compared to November 2017. Both public sector companies and private players saw good growth in premium collection in the month. Here’s what the numbers say for life and general insurers–   […]

Government's Ayushman Bharat Health Insurance Scheme

क्या नयी आयुष्मान भारत स्कीम आपके व्यवसाय को प्रभावित करेगी?

वर्तमान समय में दवाइयों के दाम इतने अधिक हो गए है कि अब समाज के कमजोर वर्ग के लिए अच्छी स्वास्थ्य सुविधाओं का लाभ उठाना लगभग असंभव होता जा रहा है। जैसा की सबको पता है कि भारत की जनता का एक बड़ा हिस्सा न्यूनतम आय स्तर के वर्ग का प्रतिनिधित्व करता है, ऐसी स्थिति[…..]

irdai-growth-circular

IRDAI Circular– The Growth of Insurance Business: October 2018 vs October 2017

The awareness about the importance of life and general insurance has been increasing among the common masses. People are increasingly buying various insurance products for their as well as their family’s financial security.   As insurance sales have increased, insurance companies are also seeing good growth in their business and revenue. In October 2018, many[…..]

IRDAI-stop-3rd-party-insurance-premium

IRDA will stop fixing 3rd party insurance premium from 2021

In India, the Motor Vehicles Act passed in 1988 lays down the road traffic rules. One such rule which has been prescribed by the Act is the requirement of a valid insurance cover on all vehicles.   As per the provisions of the rule, every vehicle, which runs on Indian roads, should have a valid[…..]

growth in Insurance business IRDAI mintpro

IRDAI Circular– The Growth of Insurance Business: September 2018 vs September 2017

As the population is increasingly understanding the need for insurance and embracing insurance products, the insurance segment is showing a positive growth. Month on month, insurance companies are posting a positive growth in their premium collection. This growth has led to an increased penetration of insurance. Moreover, with insurance products becoming popular among individuals, insurance[…..]