Former IRDAI member calls for regulating, not halting, bank-led insurance sales

Nilesh Sathe, former member of the Insurance Regulatory and Development Authority of India (IRDAI) believes that banks should continue selling insurance, highlighting their significant contribution to promoting insurance companies and…

Insurers must report claims data in greater detail to improve accountability

In its 8th edition, the report drew attention from a cross-section of society. Several newspapers analysed and cited it, and a member of parliament brought it to the attention of…

HDFC Life continues to struggle with margin pain

A key takeaway from the September quarter (Q2FY25) earnings of HDFC Life Insurance Company Ltd is that pressure on value of new business (VNB) margin continues. VNB margin came in…

Insurance companies are liable to pay ₹20,000 crore for GST violation: DGGI

The Directorate General of GST Intelligence (DGGI) has found insurance companies violating GST rules. Anil Kumar Gupta, Principal DG of DGGI, told CNBC-TV18 that these companies have not been paying…