Inflation downtrend, narrowing twin deficits and supportive economic policies are likely to boost corporate earnings going ahead.

For this, Irda has set up a 12-member committee under its member R K Nair.

Replying to a query, Irda Chairman T S Vijayan said some of the major suggestions are related to areas like health insurance, repositories and e-commerce.

CCI said Irda was discharging its regulatory and statutory mandate and did not fall within the purview of Competition norms.

The new managers have delivered on profits, but premium income has flattened out and in fact declined in the last three years.

IRDA has also shared the modus operandi used by one such spurious caller based on a complaint and provided links to the audio records of the spurious call to make members of public aware of the practices.

Insurers will not be able to revise the rates during the tenure of the policy. They will also not be able to cancel the policy in any circumstances except in case of total loss.

A look at recent rulings related to banking, capital market and insurance sector that can affect you.

For a long-term investor, it is important to review the portfolio composition periodically so that it not only remains on track but also doesn't take him beyond his risk-taking capacity.

\"All insurers are required to display the information about any unclaimed amount above Rs 1,000 of policyholders on their respective websites,\" said a circular of Insurance Regulatory and Development Authority (IRDA).

The three-year standalone third party insurance cover would provide convenience to the user and help insurance firm in collection of premium in one go.

Now we are making about Rs 60 crore in revenue from sales of about Rs 270 crore. Three years back, my sales were less than Rs 10 crore, says PolicyBazaar CEO Yashish Dahiya.

Globally, many start-ups have either tweaked their business models or even changed their main business to survive - and succeed - after initially failing to make a mark.

The Cabinet on Thursday approved 49 per cent foreign investment in insurance companies through the FIPB route, ensuring management control in the hands of Indian promoters.

A former senior official of the Insurance Regulatory and Development Authority who did not want to be named told IANS that one of the earliest decisions by the central government was that the FIPB would not concern itself with the insurance sector. Investment in this area will be the sole prerogative of the IRDA. He asked if the change indicated that the IRDA has lost its credibility.

India would be one of the best regulated markets in the world in terms of investor's protection, but the problem is you cannot find investors. India has become a model market in terms of laws but nothing is happening in terms of prosperity.

The Union Budget has several indirect tax proposals that would impact consumers. We give you a snapshot of the proposals and what they mean for the consumers.

A comprehensive monetary and fiscal policy is needed to rein in inflation across various components of WPI and CPI.

Clearly, timely settlement is good for the policyholder as well as the insurer. By walking that extra mile in understanding what it takes to file a claim you can do your bit to speed up the claim process.

In a landmark judgement, the Allahabad High Court has asked SBI Life Insurance to return Rs 50,000 to 72-year-old Virendra Pal Kapoor.