Insurance

India's Insurance Regulator Approves Risk-Based Capital and New Accounting Rules

India's Insurance Regulator Approves Risk-Based Capital and New Accounting Rules

The new rules will require Indian insurers to hold capital based on specific risks and change how revenue and profits are reported.

Economic Times
Make insurance policy documents available in vernacular languages: Consumer panel

Make insurance policy documents available in vernacular languages: Consumer panel

The Ernakulam District Consumer Disputes Redressal Commission directed insurance companies to provide policy documents in vernacular languages to enhance understanding. This matters as it promotes fairness for policyholders with limited language skills.

The Hindu
Festive season sees rise in insurance policy bookings: Policybazaar analysis

Festive season sees rise in insurance policy bookings: Policybazaar analysis

Insurance policy bookings in India rose 14% week-on-week and 35% year-on-year during the festive season, driven by a 0% GST reform and increased consumer spending. This trend highlights the growing importance of insurance in festive planning.

Economic Times

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