More importantly, the approval rate comes along with delivering a top-notch experience, with 86 per cent reporting satisfaction with their claims experience.
Read MoreNaveen Chandra Jha has been associated with State Bank of India since 1994 and has held several key positions during his tenure.
Read MorePartnership to offer Mahindra Finance customers a host of Kotak Life insurance products and to benefit 10 million Mahindra Finance customers pan India
Read MoreThe regulator in a release called Reforms in General Insurance Business, said these measures will be helpful to simplify the insurance sector, effectively enhancing the customer-centric insurance solutions.
Read MoreNew policy issuance grows 12.45 per cent for the same period
Read MoreExperts say that the election verdict has raised doubts about the tough reforms and policy-making strengths of the new government
Read MoreTo ensure health insurance remains affordable for seniors while providing comprehensive coverage, insurers have introduced more modular plans, allowing customers to decide the premium they want to pay
Read MoreIrdai has issued a Master Circular for health insurance, detailing several key mandates aimed at improving the efficiency and transparency of health insurance services.
Read MoreIndustry gross direct premium income (GDPI) is likely to grow by 15.5 per cent in FY2025, supported by continued strong growth in the health segment
Read MoreSurety Insurance Bonds have emerged as an alternative to traditional bank guarantees for contractors
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