irdai
“If DHFL goes under liquidation, it will be sold and someone else will take over. Insurance companies are also part of the inter-creditor agreement. So they will also get proceeds that are available on sale of the company,” said Khuntia. He also said the insurance subsidiaries of DHFL—DHFL Pramerica Life Insurance and DHFL General Insurance—have adequate solvency and that there is no cause for concern.
Write off DHFL exposure
07 Dec 2019 2:28 AM

Like in IL&FS, a similar procedure will have to be followed: Khuntia

The insurance industry would need to have free access to the data generated by multiple sources including telematics, on-board diagnostic (OBD) devices, and adaptive cruise control (ACC) fill this void by monitoring vehicles in real-time through the use of sensors.
Use telematics to price motor policies: IRDAI
28 Nov 2019 1:43 AM

Premium may be linked to driving, social behaviour.

Among these, the 25 general insurance providers had a combined premium of Rs 12,447.10 crore during the month, up by 12 per cent from same period of 2018.
Non-life insurers register 17 pc rise in Aug new premium income at Rs 15,964 cr
22 Sep 2019 4:47 PM

The 34 insurers' gross premium collection stood at Rs 13,657.51 crore in the same month a year ago.

Monsoon rains have also caused widespread damaged to life and property in three other states of Madhya Pradesh, Uttrakhand and Kerala. (Photo: Representational)
Expedite claims settlement in flood-affected Kar, MH: Irdai to insurers
12 Aug 2019 4:52 PM

Irdai issued advisory to general insurance and health insurance companies to expedite settlement of claims for the two states.

Historically, the first quarter is marked by weak volumes for the sector, driven by seasonality in the fourth quarter, which contributes around 35 per cent of the NBP growth.
Life insurers set to report strong quarter
17 Jul 2019 1:04 AM

In comparison, HDFC Life reported a reported strong APE growth of 73 per cent YoY to Rs 680 crore in June 2019.

In 2011, Axis Bank acquired 4 per cent stake in Max Life for an undisclosed value.
No proposal with Irdai for 10 per cent stake sale in Max Life to Axis bank: MFS
09 Jul 2019 3:38 PM

During 2018-19, Max Life recorded gross written premium of Rs 14,575 crore.

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