| Life Insurance - Pradhan Mantri Jeevan Jyoti Bima Yojana; 5,67,88,890 enrolments made and Rs. 2488.44 crore disbursed under the Scheme till 31st December, 2018 New Delhi: Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) has received total enrolments of 56.79 million and disbursed a total amount of Rs 2,488.44 crore (US$ 350.80 million) as of December 2018.... | Press Information Bureau | February 13, 2019 |
| Merger of 3 PSU general insurers to be complete by FY'20 New Delhi: The Government of India is planning to conclude the merger of National Insurance Company, United India Insurance Company and Oriental India Insurance Company by 2019-20.... | PTI | February 04, 2019 |
| Easier norms for foreign players to up competition in reinsurance market New Delhi: India's reinsurance market is expected to witness increased competition driven by relaxation of norms for foreign reinsurers by the Insurance Regulatory and Development Authority of India (IRDAI).... | Business Standard | January 30, 2019 |
| Crop insurance scheme designed to profit insurance firms: Chidambaram New Delhi, Nov 14 (PTI) Former finance minister P Chidambaram targeted the government over its crop insurance scheme Wednesday, alleging that it was designed to profit insurance companies and 84 lakh farmers, including those from Rajasthan and Madhya... | PTI | November 14, 2018 |
| Govt mulls 100% FDI in insurance broking; insurers' cap to stay at 49% The government is mulling permitting 100 per cent foreign direct investment (FDI) in insurance broking to give a boost to the sector, sources said.... | Business Standard | October 02, 2018 |