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PhonePe sees rising demand for COVID-19 insurance with increasing cases PhonePe recorded rising demand for coronavirus insurance, with 75% of its policies purchased by customers from smaller towns outside of the tier-1 cities....

IBEF April 09, 2021

Bill to Increase FDI in Insurance Sector Gets Parliament's Nod The parliament approved a bill to increase foreign direct investment (FDI) in the insurance sector from 49% to 74%....

IBEF March 23, 2021

FDI worth Rs. 26,000 crore received in insurance sector since further opening in 2015: FM India collected foreign direct investment (FDI) worth Rs. 26,000 crore (US$ 3.58 billion) in the insurance sector since FDI limit was raised from 24% to 49% in 2015....

IBEF March 19, 2021

Catering to consumers in coronavirus times, IRDAI pushes new products, easier KYC norms In order to boost consumer confidence in 2020, Insurance Regulatory and Development Authority of India (IRDAI) made proactive efforts to ensure adequate choice of insurance policies for individuals for coronavirus-related health treatment cost covera...

IBEF December 29, 2020

Irdai gives final nod for merger of HDFC ERGO Health with HDFC ERGO General Insurance Insurance Regulatory and Development Authority of India (Irdai) has approved the merger of HDFC ERGO Health Insurance with HDFC ERGO General Insurance....

IBEF November 13, 2020
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