Insurance

Ratings agency plans to reduce 27 Florida-based property insurance companies and see how it implements

CBS4 has learned a ratings agency plans to minimize 27 of the 40 Florida-based property insurance companies.  It’s a move that could leave millions of owners of house statewide paying high amounts, even leaving some to find a new insurer around them. “Very strong impact the market here, the real estate market, the housing market, […]

Insurance

The insurance regulatory wants life insurance firms to get 50% premium growth in next 6 years

In a first advisory, the Insurance Regulatory and Development Authority of India (Irdai) has a plan to get premium growth targets over a five-year period for life insurance companies, in addition to double insurance penetration in the country. In e-mail communications to the MDs and CEOs of life insurance companies, the insurance regulator has suggested a gross written premium (GWP) growth […]

Insurance

The government aims to plan country’s insurance industry to reach its highest by 2027

Insurance one of the most commonly requirement of an every individual, India’s life insurance industry is expected to grow at a compound annual growth rate (CAGR) of 10.9% through 2026, driven by growing awareness and positive regulatory landscape and in terms of gross written premiums. In 2022, many financial analysts stated that ages between 18 […]

Insurance

City Union Bank partners with Aditya Birla Health Insurance, Royal Sundaram General Insurance to distribute widely health insurance plans to more extent

City Union Bank (CUB) and Aditya Birla Health Insurance have announced in front of a media to collaborate for distribution of health insurance products through the bank’s network. While this is the 14th agreement by Aditya Birla Health Insurance with a bank for the with a worthy partnership, City Union Bank has already entered into […]

Insurance

Digital Insurance companies to launch ‘Pay-at-drive’ motor vehicles, add-on

Motor vehicle insurance is most commonly used insurance by everyone in the country. we can not even imagine Indian individual without two -wheeler and followed by insurance. Now Private insurance company has announced the launch of ‘Pay-as-you-drive’ add-on feature to its motor insurance product portfolio. It benefits vehicle-owners with low usage to earn a discount […]

Insurance

For insurance policy holders and borrowers,Online instant loan application platform PSB Loans eyes increases half of per cent in disbursements to more than billion

Digital lending platform Online PSB Loans (OPL), which gives instant loan approval scheme, is expected to reach Rs 1,00,000 crore loan disbursements by the end of current financial year 2022-23, an increase of 50 percent in the next eight months, its Managing Director and CEO Jinand Shah told to a financial organization. According to the […]