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In Case You Missed It - BC Extra Upgrades & Downgrades - 28-03-24

In Case You Missed It - BC Extra Upgrades & Downgrades - 28-03-24
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IRDAI issues draft regulations for one-stop e-marketplace -- Bima Sugam; Top points here

Bima Sugam, which is part of the Bima trinity, seeks to empower and protect the interest of policyholders, increase insurance penetration and enhance availability, accessibility and affordability. ....

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Life insurers' premium income rises nearly 13 pc to Rs 7.83 lakh crore in FY23

During 2022-23, Irdai said, life insurers issued 284.70 lakh new policies under individual business, out of which public sector insurers issued 204.29 lakh policies (71.75 per cent) and private life insurers issued 80.42 lakh policies (28.25 per cent). ....

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Health Insurance: Health continues to outgrow rest of non-life

India Business News: MUMBAI: Industry figures for November 2023 indicate that standalone health insurers have been significant drivers of growth in the non-life insurance . ....

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Irdai Reports Private General Insurers Increase Market Share To 53 58 in H1 FY24 - BW Businessworld

Data released by the Insurance Regulatory and Development Authority of India (Irdai) revealed that 31 insurers in the non-life industry underwrote gross direct premiums totaling Rs 1.43 lakh crore in this period, , IRDAI, market share, General Insurers ....

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