insurance companies
Scrut Automation Raises $7.5 Mn In Funding Round Led By MassMutual Ventures
Banking - Published date: .
IT startup Scrut Automation, which specialises in Governance, Risk and Compliance (GRC) automation, has raised USD 7.5 m... Read more
Govt Asks Irda & Insurance Cos To Address Concerns To Reduce Consumer Cases
Banking - Published date: .
The government on Wednesday flagged six major issues, including ambiguity in insurance contracts and inflexible policy t... Read more
Irdai Proposes Single Limit On Expenses For Non-life Insurance Firms
Banking - Published date: .
According to the exposure draft released by the regulator, non-life insurers cannot spend an amount exceeding 30 per cen... Read more
Irdai Carrying Out Series Of Reforms For Ease Of Doing Business: Minister
Banking - Published date: .
Irdai has also developed a mechanism to process applications filed for registration of new insurers and for grant of cer... Read more
Govt Notifies Solvency Rules For Foreign-owned Insurance Companies
Banking - Published date: .
Rules mandate 50% profit in general reserve if solvency margin is not maintained after profit repatriation, half the boa... Read more
Irdai Asks Insurers To Bring Standard Accident Cover From Apr
Banking - Published date: .
The insurance regulator has asked general and health insurance providers to provide standard personal accident cover pro... Read more
Merger Of Three State-owned General Insurers On Back Burner Due To Covid-19
Banking - Published date: .
Notably, the boards of the three firms had approved the merger in January and had appointed management consultant firm E... Read more