Most of us buy life insurance at a milestone, first home, new baby, a business loan, and then forget about it until a renewal ...

In a major relief for health insurance policyholders, the Goods and Services Tax (GST) Council last week decided to exempt all individual life and health insurance premiums from tax. The revised rates ...

Canadians are skipping life insurance, and it's mostly because they think it's too expensive, a new report shows. Almost half of Canadians (42 per cent) don’t have life insurance or aren’t sure if ...

JAB Insurance has announced that it has completed the acquisition of Prosperity Life Group from Elliott Investment Management. Prosperity, which manages nearly $30 billion in assets and about one ...

The long-awaited tax relief for retail insurance policyholders is here. With effect from 22 September, the government has exempted retail health and life insurance policies, as well as reinsurance, ...

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has downgraded the Financial Strength Rating (FSR) to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a+” ...

Mumbai: Insurers are bracing for higher operational costs after the government scrapped the goods and services tax (GST) on all individual life and health insurance premiums as part of its tax ...

Insurance buyers have reason to cheer as GST has been waived on life and health insurance policies. But will this move make premiums cheaper, or will the benefit be limited? Let's break it down. The ...

Encourage first-time buyers to take policies. Allow existing customers to opt for higher coverage. Narrow India’s protection gap, especially in health insurance. The insurance industry broadly ...

New GST structure simplified to two slabs, plus special 40% category. Premiums may drop 15%, boosting affordability but straining insurer margins. Healthcare items like oxygen, kits, spectacles now ...

After the 56th GST Council meeting, Union Finance Minister Nirmala Sitharaman announced that insurance services, which currently attract 18% GST, will now be fully exempt. In a major relief for ...