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Total 52 results found. Search for [ insurance penetration news ]

Results 1 to 21 of 52
Aprajita Sharma
May 4, 2021
The uncertainty around Covid-19 and developing strains and the rising claims are making insurers jittery about on-boarding Covid-19 patients. Although Covid-19 does not qualify as a chronic disease, the degree of scrutiny is greater for Covid-19 recovered patients


BusinessToday.In
March 18, 2021
Currently, FDI limit in life and general insurers is capped at 49 per cent, with only Indians allowed to hold ownership and management controls. The bill, once approved, will pave the way for increasing this limit to 74 per cent


BusinessToday.In
March 15, 2021
The amendments to Insurance Act propose to appoint resident Indians on majority of directors on the board and key management positions, with at least 50 per cent of directors being independent directors


BusinessToday.In
March 11, 2021
Expansion of FDI limit in insurance sector will lead to better penetration, new sources of funding, access to external know-how that can support insurers' underwriting performance, and unlocking of new operating efficiencies


Reuters
March 2, 2021
Reserve Bank of India (RBI) rules allow banks to hold up to 50% stakes in insurers and on a selective basis equity holdings can be higher but must eventually be brought down within a certain period


BusinessToday.In
February 24, 2021
Stock Market Updates Today: Sectorally, except for IT and pharma index, all the other indices ended with decent gains. Private, PSU Bank and financial indices closed 3% higher today.


Aprajita Sharma
February 19, 2021
The option to reduce waiting period existed earlier also in some health plans, but what has changed now is the affordability factor and relaxed underwriting norms.


PTI
February 13, 2021
The minister stressed that the accident cost as a tremendous burden to society and the nation and the estimated cost of a death in a road accident is around Rs 91.16 lakh


BusinessToday.In
February 2, 2021
The SBI report also praised government's move to increase foreign direct investment limit in insurance companies to 74 per cent in the Budget.


BusinessToday.In
February 1, 2021
In the backdrop of slowing economy, there is high hope from the government to remove FDI caps in different sectors to attract substantial foreign investment


Aprajita Sharma
January 29, 2021
Insurance penetration is calculated as percentage of insurance premium to GDP. The penetration in non-life segment, in fact, slipped to 0.94 per cent from 0.97 per cent in 2018. The life insurance segment recorded higher penetration at 2.82 per cent from 2.74 in 2018


Rupa Burman Roy
December 31, 2020
 In terms of YTD, Nifty Pharma topped the rank among other sectors, growing 60%, followed by an almost 55% rise in the Nifty IT index. Nifty metal grew by 16%, while Nifty FMCG was up 15% since the start of the year 2020


Aprajita Sharma
October 1, 2020
If you declare that you are a smoker but have no lung disease, you may get a health policy at the same premium as a non-smoker without medical tests; but things may be different for life insurance


Naveen Kumar
New Delhi, March 6, 2020
To address the concerns of the policyholders and to bring clarity on the coverage of corona virus, the insurance regulator IRDA has come up with guidelines for the insurance companies


BusinessToday.In
February 1, 2020
Budget 2020: In today's speech, the FM broke her own record and delivered the longest Union Budget speech, which was 159 minutes long


Anand Adhikari
New Delhi, February 1, 2020
The government clearly will be a gainer as the money will go directly to their coffers in terms of taxes while insurance and pension companies would be net losers


BusinessToday.In
New Delhi, February 1, 2020
Budget 2020: In the insurance sector, experts hope the Centre to raise overseas investment limit to 74 per cent from the existing 49 per cent, which could pave way for foreign players to bring in new technologies, new products and ensure better market penetration


BusinessToday.In
February 1, 2020
Stock Market Updates on Budget day: In terms of sector, except IT, all the other indices were declining on a continous basis. While realty index declined over 7.5%, media shares fell over 4.4%.


Rohit Jain
February 1, 2020
Budget 2020: A key requirement for insurance sector is capital, and in an environment where Indian promoters find their resources squeezed by a tough economy, the government must consider liberalising India's FDI norms to bring in much-needed liquidity


BusinessToday.In
New Delhi, January 31, 2020
Union Budget 2020 Live Updates: PM Modi says budget will increase income, investment, demand and consumption, and will bring new vigor in financial system and credit flow


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