Mutual Fund or Bank deposit ?
[ad_1] He was speaking at a sector exclusive forum to discuss 'Investing into India's burgeoning Insurance Ecosystem', here organised by the Indian Venture & Alternate Capital Association (IVCA), the apex industry body for alternative assets. "The market (insurance) size is estimated to reach USD200 bn by FY '27 at the
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[ad_1] The insurance regulator may allow equity investment even in non-dividend paying companies to be included in the approved investment category subject to some conditions. This would increase the eligible universe of companies they can invest in, boosting allocation to stocks. Under the existing norms, only investment in listed companies that
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[ad_1] Non-life insurers registered a 12 per cent yearly growth in their gross direct premium income during August this fiscal at Rs 24,471.95 crore, data from insurance sector regulator Irdai showed. In the same month a year ago, all the 31 non-life insurance companies in the domestic market had garnered
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[ad_1] Merger and acquisitions will continue to be a part and parcel of the insurance sector, which is a highly capital intensive sector and can accommodate new entrants with specialised skill sets having long-term vision. The past developments in this sector and recent decision of the Mumbai National Company Law Tribunal
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[ad_1] In another step towards easing regulations, Insurance Regulatory and Development Authority of India (IRDAI) has done away with the need to submit a separate proposal form for taking an annuity product from proceeds of National Pension Scheme (NPS). Currently, retirees submit an exit form to NPS and a proposal form
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[ad_1] In order to further cut compliance burden for insurance companies, regulator Irdai on Tuesday rationalised health insurance business returns reporting norm by reducing the number of returns that need to be filed in a year. The move is part of promoting ease of doing business for insurance companies and to
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[ad_1] Insurance regulator Tuesday made a strong case for reducing expenses to make health insurance affordable for everyone. Addressing the 'Health Insurance Summit 2022' here, Insurance Regulatory and Development Authority of India (Irdai) chairman Debasish Panda said that high operating and distribution costs, and hospital expenses as indirect costs could be
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[ad_1] The COVID-19 pandemic highlighted the need for consumers to invest in products that increase their financial security, one of them being life insurance. In a report tracking the performance of the life insurance industry in the past five years and outlining emerging trends in the domain, Benori Knowledge, a
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[ad_1] The Insurance Regulatory and Development Authority of India (Irdai) on Thursday provided insurers with more flexibility in paying commission by linking limits to the overall portfolio and company management expenses, according to a TOI report. The utmost commission sanctioned for non-life products has been pegged at 20% of the gross
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[ad_1] Insurance regulator IRDAI has invited entities to develop technology-driven innovative solutions for automated death claim settlement, curtail miss-selling, and other areas of the insurance ecosystem, with an aim to protect the interest of policyholders. Applications have been invited by the Insurance Regulatory and Development Authority of India (IRDAI) as
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