Insurance companies can now launch new products without IRDAI approval
Business | June 02, 2022 17:03 ISTSo far, insurance companies were required to obtain prior approval from IRDAI to launch new insurance products.
So far, insurance companies were required to obtain prior approval from IRDAI to launch new insurance products.
The proposal to set up a joint venture firm Paytm General Insurance Limited (PGIL) was approved by the board on May 20, the company said in a regulatory filing.
FGIICL is a joint venture between Future Enterprises and Generali Participations Netherlands NV (Generali).
PhonePe has been issued an insurance broking licence from the Insurance Regulatory and Development Authority of India (IRDAI), it said in a release.
In a unique initiative, SBI General Insurance launched the first-of-its-kind 'Shagun' policy, which enables gifting of personal accident cover.
ICICI Lombard General Insurance on Friday reported a 7.1 percent rise in its net profit at Rs 310 crore for the first quarter ended June 2019.
Car, motorcycle and health insurance will cost more from 1 April with regulator Insurance Regulatory and Development Authority (Irdai) giving go-ahead to insurers for revision in commission for agents. The change in premium after modification
Mumbai: SBI General Insurance has posted a healthy 54 per cent growth in premium income at Rs 1,188 crore in the past financial year. The company, the general insurance arm of the country's largest lender
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