SBI Life Insurance redefines customer service; launches 24×7 Inbound Helpline for Non-Residential Indians (NRIs) to make insurance products & services accessible globally
MUMBAI, India, Feb. 22, 2024 /PRNewswire/ -- SBI Life Insurance, India's most trusted private life insurers, launched an exclusive 24x7 Inbound Helpline for Non-Resident Indians (NRIs) to provide global accessibility of after sale services. Customers residing anywhere outside India can leverage this premium service* by dialing the dedicated helpline number: +91- 022 6928 9090. This initiative reinforces SBI Life's...
ATM 2024 to focus on India’s outbound tourism potential
According to a report by booking.com and McKinsey, 70% of Indians travelling overseas choose nearby destinations, with one-third choosing destinations in the Middle East. The UAE is the top regional destination, followed by Saudi Arabia. According to the DET, India is Dubai’s top source market, with 1.9 million visitors in the first...
Zurich Insurance announces €1.16bn buyback after record profit
Zurich Insurance Group AG’s operating profit beat estimates and announced a buyback program of up to 1.1bn Swiss francs (€1.16bn).Operating profit rose 21% to €6.8bn in 2023, above analyst estimates, and resulted in the insurer’s highest-ever return on equity at 23.1%, with positive momentum expected to continue, the company said in a statement on Thursday. The results were...
Shri Ashwini Vaishnaw Launches PhonePe’s Indus Appstore, India Ka Appstore
Indus Appstore is a native Android-based mobile app store, designed to fulfill the localized and cultural needs of Indian consumers
PhonePe, in a groundbreaking move that has set a new global benchmark, proudly launched the Indus Appstore on February 21st, 2024, at Bharat Mandapam, New Delhi in the esteemed presence of Shri. Ashwini...
Insurers lobby for removal of green infrastructure investing roadblock
Insurers lobby for removal of green infrastructure investing roadblock
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Life Insurance awareness and adoption surges amongst Urban Indians; Protection Quotient now at 45: Max Life IPQ 6.0 Survey*
Key Findings of the IPQ 6.0 Survey
India's Protection Quotient (IPQ) reveals that 3 in 4 urban Indians now own life insuranceUrban India's heightened awareness about life insurance products drives the overall Knowledge Index to 61; higher importance being ascribed to Cover and Riders while buying Term Life InsuranceThe South Zone most financially prepared; West India has the highest increase...
Insurtech Akur8, the Insurance Pricing Solution, Selected by Spain’s MGS Seguros
… top choice for non-life insurance companies seeking cutting-edge … to insurance pricing within the Spanish market.”
Specifically developed for insurers, … non-life insurance pricing “with Transparent Machine Learning, boosting insurers’ pricing capabilities …
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Regulator mulls requiring collaterals for business with cross-border reinsurers
The IRDAI is considering the introduction of collaterals in the Indian insurance industry, specifically for reinsurance transactions with Cross Border Reinsurers (CBRs).
In a statement, the insurance regulator said, “ In various jurisdictions around the world, many reinsurance transactions are backed by collaterals...
What does flood insurance cover?
Strong, back-to-back winter storms soaked an already soggy California, putting most of the Golden State under flood advisories in early February.Most people in those areas are used to drought, not floods, and they're now finding out homeowners insurance won't cover the damage."Flood insurance is the product that will cover your losses when the water comes from the ground...
