An insurance company or an insurance intermediary authorised to solicit and market insurance products can engage a POSP-LI. At a time when life insurance penetration—ratio of premium to GDP—has ...
Don't be surprised if your local grocery store owner urges you to buy an insurance product along with household essentials. Three years after the insurance regulator announced guidelines for Point of ...
To facilitate growth in the non-life and health insurance business in the country, the Insurance Regulatory and Development Authority of India (IRDAI) introduced a new type of distribution model ...
The Indian economy is unquestionably set to become the third largest globally and expected to reach a GDP of $5 trillion in the next three years and a staggering $7 trillion by 2030. This growth will ...
Over the next decade, the Indian insurance market is poised for remarkable growth, with expectations of quadrupling in size from its current state of $60 billion. India, as the second most populous ...
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