Acko Sets Its Sights on Major IPO as India’s Insurtech Trailblazer
Acko, the Bengaluru-based digital insurance powerhouse, is advancing its plans for a significant initial public offering that could raise $300…
Acko, the Bengaluru-based digital insurance powerhouse, is advancing its plans for a significant initial public offering that could raise $300…
The survey highlighted that despite their younger age, Gen Z respondents reported higher confidence in understanding health insurance. Around 70% of them expressed confidence, with 32% claiming to be “very confident.”
As per a recent survey, securing their children's financial future is the foremost concern for Indian mothers, with 61% of respondents identifying it as their top financial priority.
Term insurance has become the top financial priority for Gen Zs, driven by a strong desire for long-term security, affordability, and simplicity, a study has said.
Apart from this, the GeM has also facilitated hiring of 1 million manpower resources.
SBI General Insurance has announced a revision in premium rates for select health insurance products, effective February 1, 2025. The revised rates respond to evolving healthcare needs and regulatory shifts aimed at improving access to health insurance benefits, the company said.
The House discussed the Finance (No 2) Bill, 2024, moved by Finance Minister Nirmala Sitharaman, along with the Union Budget, 2024-25.
Amending the insurance laws, introduction of open architecture for insurance agents, review of regulations relating investments distribution
The Prime Minister also mentioned that she does not want insurance companies to earn a bad name.
The report suggested a comprehensive product designed for this section to counter the absence of economical health insurance policies as they are unable to afford the existing.