IRDA Released: Annual Report of Life Insurance and Health Insurance Claim Settlement Ratio for 2025 January 4, 2025 Team Investcorpus Uncategorized No comments yet The Insurance Regulatory and Development Authority of India (IRDA) released the latest Claim Settlement Ratio […] Read more
HDFC Data Breach: 1.6 Cr customer’s info of HDFC Life Insurance Company Found Circulated On Dark Web, Says Cybersecurity Experts December 6, 2024 Team Investcorpus Uncategorized No comments yet According to Cyberpeachle’s Study, 1.6 Crore customer’s infoormation of HDFC Life Insurance Company Found Circulated On Dark Web. Read more
NCDRC: Regarding mis-selling policies, NCDRC directed Tata AIA Life Insurance to refund of Rs2.47 lakh plus 9% interest December 5, 2024 Team Investcorpus Uncategorized No comments yet The national consumer disputes redressal commission (NCDRC) ruled that Tata AIA Life Insurance Co. Ltd. […] Read more
FinMin recommends 100% insurance FDI, which includes a composite licensing provision for accessibility, affordability, sector expansion, and business process efficiency November 29, 2024 Team Investcorpus Uncategorized No comments yet The Department of Financial Services (DFS) is seeking public comments on proposed amendments aimed at […] Read more
HDFC Life Insurance faces data breach after TATA AIG & STAR Health Insurance, evaluating possible effects November 25, 2024 Team Investcorpus Uncategorized No comments yet HDFC Life Insurance has received customer data from an unknown source with “mala fide intent,” […] Read more
The proposal to rationalize life and health insurance premium rates will be reviewed by the GST Council November 7, 2024 Team Investcorpus Uncategorized No comments yet According to sources, the GoM is expected to suggest a full exemption of GST on […] Read more
GST reduction on life and health insurance: How much will your insurance premium likely decrease in the near future? October 24, 2024 Team Investcorpus Uncategorized No comments yet A group of ministers (GoM) tasked by the Goods and Services Tax (GST) Council to […] Read more
Guidelines for surrender values could cause fluctuations in life insurance rates in H2 September 14, 2024 Team Investcorpus Uncategorized No comments yet In addition, the surrender value for various products and tenures will increase under the new […] Read more
SBI Life Insurance was fined Rs. 1 crore for breaking regulations, and Irdai demands that the insurer follow the guidelines while resolving death claims September 10, 2024 Team Investcorpus Uncategorized No comments yet In short: The Insurance Regulatory and Development Authority of India (Irdai) fined SBI Life Insurance […] Read more
New Rule:The IRDAI forbids insurers from collecting premiums before policy approval September 7, 2024 Team Investcorpus Uncategorized No comments yet Inshort New rules that restrict insurers from collecting the first premium together with the proposal […] Read more