LIC, GIC Re, New India proceed to be D-SIIs for 2023-24: IRDAI

The Insurance coverage Regulatory and Improvement Authority of India (IRDAI) has recognized three Home Systemically Necessary Insurers (D-Slls) for the 12 months 2023-24. “Life Insurance coverage Company of India,  Common Insurance coverage Company of India and New India Assurance Co Ltd proceed to be recognized within the 2022-23 listing of D-Slls,’‘ the insurance coverage regulator mentioned in a … Read more

Why you shouldn’t leap at ₹1-crore well being covers

With medical prices inching up yearly, ₹1-crore well being covers are gaining reputation. The brand new-age policyholder doesn’t appear to be shying away from taking giant positions in medical health insurance, akin to his/her funding portfolios. However the attract of such giant well being covers ought to be analysed from the angles of want, affordability, … Read more