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Articles for Premiums, search results for premium

India cenbank’s FX swaps spur inversion of rupee forward premiums curve
1 week, 5 days ago

India cenbank’s FX swaps spur inversion of rupee forward premiums curve

Live Mint  

By Nimesh Vora MUMBAI, Dec 12 - The Reserve Bank of India's forex swaps, to avoid directly impacting cash in the system as it supports the spiralling rupee, and the arbitrage between the offshore and onshore markets have inverted the dollar/rupee forward premiums curve. For instance, the implied yield on the 1-month dollar/rupee forward premium is 30 basis points higher …

Rbi Rupee Onshore Forward Spur Inversion
Asia Gold-India gold premiums steady as price fluctuations stabilise demand
3 weeks, 4 days ago

Asia Gold-India gold premiums steady as price fluctuations stabilise demand

Live Mint  

* Demand was strong at beginning of the week - Indian trader * Demand seen improving with the onset of wedding season in India * China has issued import quotas to manage gold flows - analyst By Rajendra Jadhav and Rahul Paswan Nov 29 - Physical gold premiums were steady in India, as a rise in demand from this week's …

India China Demand Price Fluctuations Gold Premiums
Health insurance with no premium hikes: Should you buy such plans?
4 weeks, 1 day ago

Health insurance with no premium hikes: Should you buy such plans?

Live Mint  

You bought health insurance in your twenties and have been paying premiums for 5-10 years. Some products that provide this option include Niva Bupa Reassure 2.0, Niva Bupa Aspire, and Super Star Health Insurance. View Full Image Mint Niva Bupa Reassure 2.0 and Aspire Both products come with 'lock the clock' feature which means the premium rate is fixed at …

Policy Insurance Age Health Insurance Star Premium Chopra
Home insurance premiums top £400 a YEAR due to record extreme weather claims
1 month ago

Home insurance premiums top £400 a YEAR due to record extreme weather claims

Daily Mail  

The average home insurance premium has topped £400 a year for the first time, with insurers blaming a wave of claims for bad weather. This has led to the typical combined buildings and contents insurance premium rising 3 per cent, from £396 per year between April and June 2024 to £407 between July and September. The average payout per home …

Insurance Average Cent Quarter Price Paid Record Claims
McKinsey: Operational Inefficiencies Hindering India’s Insurance Sector
1 month ago

McKinsey: Operational Inefficiencies Hindering India’s Insurance Sector

Deccan Chronicle  

Mumbai: India could potentially save about USD 10 billion annually by expanding insurance penetration to the uninsured population, these saved funds could then be redirected to stimulate economic growth, said a report by global consultancy management firm McKinsey titled Steering Indian Insurance from growth to value in the upcoming techade. The report said that India’s insurance sector has recorded a …

India Growth Insurance Life Report Cagr Mckinsey
Health insurance premiums rising nearly €10 per month in 2025
1 month, 1 week ago

Health insurance premiums rising nearly €10 per month in 2025

NL Times  

Zilveren Kruis, VGZ, and Menzis are increasing the monthly premium for their most popular basic health insurance by almost 10 euros next year. Holders of VGZ’s most popular basic health insurance policy will pay 157.30 euros next year, 10.35 euros more than this year. Menzis used the premium announcement to advocate for the healthcare allowance to be paid directly to …

Health Healthcare Premium Euros Premiums Health Insurers Zilveren Kruis
Car insurance premiums nudge lower... but are still up 40% in two years
1 month, 1 week ago

Car insurance premiums nudge lower... but are still up 40% in two years

Daily Mail  

Car insurance premiums fell 2 per cent between July and September 2024, with the average driver now paying £612 a year for cover. It all adds up: The high cost of car insurance adds to the pain felt by overall rising bills In total, insurers paid out £2.9billion in motor insurance claims in Q3 2024 – up 14 per cent …

2024 Cent Insurance Premiums Car Insurance Car Insurance Premiums Cost Car Car Insurers
Can I pay insurance premiums to a distributor instead of an insurer?
1 month, 2 weeks ago

Can I pay insurance premiums to a distributor instead of an insurer?

Live Mint  

An insurance distributor has suggested that I pay the premium to them instead of the insurance company. - Name changed on request Under the law, insurance premiums can only be paid to insurers. - Name changed on request You can get a refund of the premium for the unexpired period of your policy. You can ask your current insurer to …

Insurance Car Premium Insurer
Little-known insurance stealth tax to raise £46BILLION in the next five years - more than road tax
1 month, 2 weeks ago

Little-known insurance stealth tax to raise £46BILLION in the next five years - more than road tax

Daily Mail  

A little-known insurance stealth tax is set to raise £46billion for the Government over the next five years - more than road tax. Insurance premium tax adds 12 per cent to the price of car, home and pet insurance, and 20 per cent on travel insurance and many forms of add-on cover. The OBR predicted IPT will rake in £42.4billion …

Insurance Budget Cent Ipt Road Tax Premiums
City watchdog probes pay monthly insurance deals amid fears they may not provide fair value
2 months, 1 week ago

City watchdog probes pay monthly insurance deals amid fears they may not provide fair value

Daily Mail  

Home and car insurance deals that allow households to pay in monthly instalments face a probe by the City watchdog over fears they may not provide fair value. Probe: The Financial Conduct Authority said it has been ‘concerned’ about pay monthly insurance deals – known as premium finance – for some time. Darren Richards, of consultancy Broadstone, said: ‘Many are …

Pay Fair Value Premium Finance Insurance Premium Monthly Insurance
Government orders probe as car insurance premiums rise by a fifth in TWO years
2 months, 1 week ago

Government orders probe as car insurance premiums rise by a fifth in TWO years

Daily Mail  

The Government has demanded answers to why the cost of car insurance has risen by 21 per cent in the past two years. When it rains: Transport secretary Louise Haigh wants to know why car cover costs have risen It comes as motor insurance premiums have grown by an average of 21 per cent since June 2022, according to Financial …

Money Two Years Insurers Rising Cost Premiums Rise Louise Haigh Insurance Premiums
LIC drives New Business Premium growth in July
4 months, 1 week ago

LIC drives New Business Premium growth in July

Deccan Chronicle  

Mumbai: Indian life insurance companies registered a record new business in premium collection in July aided by a strong performance of public sector behemoth Life Insurance Corporation of India. According to data from Life Insurance Council, LIC’s new business premium for July 2024 rose 20 per cent year on year to Rs 18431 crore compared to Rs 15387 crore of …

Business Premium Life Insurance Crore Cent Premiums Lic
Car insurance premiums start to FALL - but are still up 48% in two years
4 months, 2 weeks ago

Car insurance premiums start to FALL - but are still up 48% in two years

Daily Mail  

Car insurance premiums are showing signs of falling - but still remain at near-record highs. Slight dip: Car insurance costs have fallen, but are still much higher than a year ago It costs 48 per cent more to insure the average car now than two years ago, when the typical premium was £430. The ABI's car insurance figures are the …

Costs Claims Two Years Premiums Insurers Car Insurance Car Insurance Premiums
Mamata urges Sitharaman to rollback GST on life, health insurance premiums: 'Highly anti-people...'
4 months, 3 weeks ago

Mamata urges Sitharaman to rollback GST on life, health insurance premiums: 'Highly anti-people...'

India TV News  

West Bengal Chief Minister Mamata Banerjee wrote to Union Finance Minister Nirmala Sitharaman over the Centre’s decision to impose 18 per cent GST on life insurance and health insurance policies terming it as anti-people, and urged her to roll it back. Mamata writes to Sitharaman "With deep anguish, I am writing to you regarding the imposition of 18 per cent …

Health Life Mamata Minister Sitharaman Gst Insurance Premiums
Grampians residents' insurance premiums rise after Halls Gap bushfires
5 months, 2 weeks ago

Grampians residents' insurance premiums rise after Halls Gap bushfires

ABC  

Halls Gap resident Lisa Whyte was shocked to receive an email from her insurance company in March advising her of a 500 per cent increase in her premium. Shopping around A spokesperson for IAG, which in June 2023 started a general insurance partnership with Ms Whyte's insurer ANZ, said they always tried to keep premium increases to a minimum. Home …

Insurance Premium Increase Premiums Gap Insurance Premiums Whyte
More people struggling to pay health insurance premium for first time in 10 years
6 months ago

More people struggling to pay health insurance premium for first time in 10 years

NL Times  

After almost ten years of steady decline, the number of people unable to pay their health insurance premiums for at least six months suddenly increased last year. The financial incentive does not work and only pushes struggling people deeper into financial problems, AEF consultants noted last year in a report commissioned by the Ministry of Public Health. “You also run …

Health Insurance Pay Premium More People Recent Years Health Insurance Premium
Record Year For Life Insurance Sector: Policies Jump, 31% Increase In Premium, Check Latest Details
6 months, 1 week ago

Record Year For Life Insurance Sector: Policies Jump, 31% Increase In Premium, Check Latest Details

News 18  

The Life Insurance Council has released updated industry business numbers for May 2024. New business premiums expanded from Rs 23,448 Crs in May 2023 to Rs 27,034 Crs in May ’24, with YTD collections growing even more from Rs 36,043 Crs to Rs 47,293 Crs this year. According to data released by the Life Insurance Council, the life insurance industry …

Growth Insurance Life Premium Premiums Crs Lic
IRDA, insurance companies must raise awareness on different modes of payments: Madras HC
9 months ago

IRDA, insurance companies must raise awareness on different modes of payments: Madras HC

New Indian Express  

MADURAI : Wondering why insurance companies are accepting policy premiums from vehicle owners through cheques, despite a 2002 notification issued by the Insurance Regulatory and Development Authority allowing companies to receive premiums through e-transfer or card payments, the Madurai Bench of the Madras High Court observed that it is high time that the IRDA and insurance companies raise awareness about …

Insurance Companies Insurance Companies Irda
White van drivers hit by rising insurance costs - with prices up 36% in a YEAR
10 months, 2 weeks ago

White van drivers hit by rising insurance costs - with prices up 36% in a YEAR

Daily Mail  

Van owners are being clobbered by soaring insurance bills, with prices rising by 35.9 per cent in just one year. Consumer Intelligence said the typical van driver was quoted between £500 and £999 a year for cover in December 2023 - with the 36 per cent of quotes falling within this range. Laura Vas, senior insight analyst at Consumer Intelligence, …

Insurance Cent Premiums Rising Costs Van Owners Quoted Premiums Van Drivers
How to make the most of tax benefits by investing in insurance products?
10 months, 3 weeks ago

How to make the most of tax benefits by investing in insurance products?

Live Mint  

January marks an ideal period to assume control of your financial affairs. Furthermore, all premiums paid for term life insurance qualify for tax deductions under Section 80C of the Income Tax Act, with a yearly limit of ₹1.5 lakh. Similar to life insurance, health insurance provides substantial tax advantages, albeit under a distinct section of the Income Tax Act—Section 80D. …

Health Benefits Financial Life Tax Health Insurance Income
Interim Budget 2024 Wishlist: Insurance Industry Expects Higher Deductions for Medical Insurance Premiums
10 months, 4 weeks ago

Interim Budget 2024 Wishlist: Insurance Industry Expects Higher Deductions for Medical Insurance Premiums

News 18  

Written By Ramkumar S & Bijal Khara: The Union Budget 2023 was a bitter pill to swallow in many ways for the insurance sector, stemming from the fact that increased limit under Sections 80C and 80D, separate deduction for home insurance, relook at GST rates, and tax-free status for pension/annuity were not considered in the Budget. This impacted life insurance …

Finance India Insurance Budget Tax Regime Industry Expects
Insurance regulator’s baby step to guard policyholders
1 year ago

Insurance regulator’s baby step to guard policyholders

Hindustan Times  

The insurance regulator’s December 12 draft on product regulations has led the life insurance industry, which had an annual premium collection of almost ₹7 lakh crore in the financial year 2021-22 to go into a huddle. The Insurance Regulatory and Development Authority of India has taken a baby step to potentially reduce the costs that a policyholder must bear in …

Insurance Industry Money Premium Life Insurance Lakh Paid
Menzis increases health insurance premiums by €5.50 per month
1 year, 1 month ago

Menzis increases health insurance premiums by €5.50 per month

NL Times  

Cooperative Menzis will increase the premium for basic health insurance by 5.50 euros next year. On Budget Day, the government said it expected premiums for basic health insurance to rise by “approximately” 12 euros to an average of 149 euros per month. Next year, OHRA customers will pay 145.60 euros per month for mandatory insurance. The health insurance premium for …

Health Insurance Premium Month Increase Euros Premiums
Wall Street’s Latest Obsession Is an Unknowable Number
1 year, 2 months ago

Wall Street’s Latest Obsession Is an Unknowable Number

Live Mint  

Investors and Federal Reserve officials scrambling to make sense of surging U.S. Treasury yields have a new obsession: a number that exists only in theory. Known as the term premium, the number is typically defined as the component of Treasury yields that reflects everything other than investors’ baseline expectations for short-term interest rates set by the Federal Reserve. According to …

Interest Rates Treasury Premium Rising Investors Fed Rates