Till June-end alone, insurance regulator is expected to bring about more than half a dozen reforms that will have a significant impact on the customer.
The proposal for listing public general insurers had come up in 2007.
Beneficiaries to get hospitalisation cover up to Rs 30,000.
Foreign reinsurance companies are now allowed to do business in India.
The regulator has made it mandatory for insurers to have a minimum percentage of motor third-party business underwritten.
The insurance sector is seeking clarity on the 'Indian management control' clause.
The GST to be implemented from April 1, 2016, will increase the premiums.
The EB-5 Programme has been in effect since 1990 as an opportunity for the immigrant and their family to obtain permanent residency to the US.
The new Insurance Bill may take little time to see light of teh day.
For the first time in India, Swiss Learning, an educational body managed by the Heads of Swiss Educational Institutes, has brought representatives from various schools from the country to meet stakeholders, Indian schools and parents of potential students.
Insurance firms want more clarity before increasing foreign partner's stake.
The insurance brokerage had experience of settling claims in Jammu and Kashmir and Visakhapatnam in Andhra Pradesh during natural catastrophes earlier this year.
The data show close to 72.5 million accounts have been opened till November 10 with an average 500,000 opened every day.
There are umpteen cases where travel websites and airlines advertise tickets for unbelievably low prices, without mentioning taxes and other charges.
Health insurance has almost 23 per cent market share in the general insurance space.
A senior life insurance official point out there have also been cases involving former insurance agents.
This could impact their books in the third quarter of the current financial year.
Section 45 in the new Bill says no claim can be repudiated after three years of the policy being in force, even if a fraud is detected, has sent life insurers into a tizzy.
A slew of websites are catering to matchmaking needs of IITians, IIMians and others with high educational qualifications.
Under the scheme, which seeks to open 75 million accounts by January 26, 2015, an accident insurance cover of Rs 100,000 is provided with every RuPay debit card offered by the National Payments Corporation of India.
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