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According to recent data, the total new business premiums collected by life insurers decreased by 12% in February, with LIC at the forefront of this trend.

by | Mar 15, 2025 | Bajaj Allianz Life Insurance, ICICI Prudential Life, Insurance, LIC

New business premiums of life insurance companies in India continued to decline in February, marking the fourth consecutive month of decline since the new surrender value guidelines came into effect in October 2024. The data from the Life Insurance Council showed that...

Bajaj Allianz Japan, a provider of innovative health insurance solutions, is proud to introduce ‘HERizon Care’, a pioneering comprehensive health insurance plan designed specifically for the unique needs of Indian women.

by | Mar 14, 2025 | Bajaj Allianz Life Insurance, Insurance

Bajaj Allianz General Insurance has launched a groundbreaking policy called HERizon Care, which offers two comprehensive covers: Vita Shield and Cradle Care. Vita Shield is designed to provide critical illness and holistic wellness protection, covering 34 critical...

The Incurred Claim Ratio is a key performance indicator that reveals the percentage of claims paid by an insurance company out of all claims incurred, revealing the company’s claim-paying ability and potential financial stability.

by | Mar 6, 2025 | Bajaj Allianz Life Insurance, HDFC ERGO, ICICI Lombard, Insurance

When it comes to choosing a health insurance policy, one of the vital factors to consider is the insurer’s claims settlement track record. The Insurance Regulatory and Development Authority of India (IRDAI) has published its annual report, which provides...