Blogs

[ad_1] Air India and its subsidiary, Air India Express fleet, have chosen Tata AIG General Insurance and other insurance companies to offer insurance coverage amounting to $10 billion. The national carrier will be charged a premium of $30 million (Rs 246 crore) for the upcoming financial year starting from April 1, which remains unchanged from … Read more

[ad_1] In a blow to the efforts to mitigate climate change, two of the founding members of the Net-Zero Insurance Alliance (NZIA), Zurich and Munich Re, have announced their withdrawal from the group. The NZIA comprises 30 insurance and reinsurance firms, which account for roughly 15% of the worldwide premium volume, representing a significant portion … Read more

[ad_1] No Claim Bonus (NCB) is a discount given by insurance companies to policyholders who have not made any claims in the previous policy period. It is a reward for safe and responsible driving, and the discount is applicable to the policyholder, not the vehicle. Many policyholders wonder whether they will lose their NCB if … Read more

[ad_1]   In the present fiscal year, IFFCO-Tokio General Insurance has accomplished a noteworthy feat of earning a gross written premium amounting to Rs 10,000 crore. This achievement reflects the company’s strong position in the Indian insurance industry, as well as its focus on growth in various segments. The joint venture between Indian Farmers Fertilizer … Read more

[ad_1]   Lionel Messi, the Argentine footballing genius, has left jaws dropping with his incredible left foot. So much so, that it has been revealed that the PSG superstar has insured his left foot for a staggering $900 million, making it the most expensive body part insurance policy in the world of sports! This mind-boggling … Read more

[ad_1]  Fire insurance is an agreement between a policyholder and an insurance company to cover all losses and damages caused by fire to the insured property. The global fire insurance market was worth USD 22,813.70 million in 2021 and is estimated to grow to USD 30,923.60 million by 2028, with a CAGR of around 5.20% … Read more

[ad_1] In a bid to increase competition in India’s insurance industry, the Insurance Regulatory and Development Authority of India (IRDAI) has given the green light to two new life insurance companies. Acko Life Insurance Ltd. and Credit Access Life Insurance Ltd. have been granted certificates of registration to begin operating in the country. This marks … Read more

[ad_1]  There are several types of insurance available to individuals and businesses. Some of the most common types of insurance include: Health insurance: This type of insurance covers medical expenses incurred by the policyholder. It can be provided by the government or by private insurance companies. Life insurance: This type of insurance provides a lump-sum … Read more

[ad_1]  Insurance is a financial product that provides protection against risks and uncertainties. It is a contract between an individual or an organization and an insurance company in which the former pays a premium to the latter in exchange for coverage against a specified set of risks. The concept of the insurance taking is based … Read more