AUTO INSURANCE RENEWAL
Motor insurance rule change: No arbitrary claim rejection, quicker claim settlement, pay as you drive option must, says IRDAI
Motor Insurance New Rules by IRDAI: The Insurance Regulatory and Development Authority of India (IRDAI) has updated the master circular clarifying important rules for motor insurance policyholders. The regulator has proposed the implementation of strict timelines for claim settlements of auto insurance policyholders. It is a crucial step towards improving efficiency and customer satisfaction. Another key change is the introduction of a customer information sheet (CIS) for auto insurance policies to enhance customer awareness.
Health insurance premiums can be reduced if you don’t make a claim, policy cancellations to be less costly and more: 5 rule changes
Health insurance rule changes: To make health insurance policy more inclusive, flexible and customer-friendly, IRDAI has recently released a master circular on health insurance business. The regulator introduces new measures regarding cancellation charges, standardising no-claim bonus, and increasing claim settlement transparency. ET Wealth Online explores how these regulations empower policyholders and improve their health insurance experience.
Defence stocks: Long runway, hedge a bit to avoid narrative-based decisions; 8 PSU & Pvt sector stocks, 4 with upside potential of upto 44%
In an election season, there are bound to be times when one or the other narrative may make one question about whether one should sell the stocks. The underlying reason would be fear of losing the gains on which one is sitting. Especially when it comes to sectors like defence, railways and others which have seen a strong re-rating and siting with big gains and already there has been skepticism about their stock price moving ahead of time. Now let's look at the issue in two ways, first is whether the fundamentals of the sector are on a strong foot and business is fine or not. Second, how to hedge the exposure so that one is not forced to sell due to narrative, because the fact is that a continuation in policy push means that the companies have just started their journey. While defence PSUs are well known, there are other private sector players, whose lifeline is dependent on defence expenditure and in the last few years they have also done well, both on the street and in terms of real business. So, it is better that one should hedge and stay with them and not get jittery because of one or the other narrative which will keep hitting the street till 4th June.
Mygate enters insurance distribution business, partners with Acko
Mygate app, in partnership with Acko General Insurance, received an aggregator licence from IRDAI to distribute insurance policies, offering exclusive pricing and expanding product range.
ETMarkets Smart Talk: Focus on green energy to lead to multi-billion dollar enterprises over next decade: Jyoti Vaswani
Jyoti Vaswani discusses the potential of multi-billion dollar enterprises in the green energy space and its impact on equity markets. She provides insights on the US Fed moves, RBI, inflation, Q4 earnings, management commentary, Nifty performance as well as May trends. Vaswani says that since FY24 has seen a broad-based rally, FY 25 can be expected to be driven by sustained corporate earnings growth and policy continuity.
Bearing the brunt today, but good for long term: 6 stocks from the financial services sector with upside potential of up to 30%
For all those who were again thinking why the financial services sector stocks are leading the recent phase of decline. A look into FPI holding patterns would throw the answer. It is the financial services, including banks where FPIs have the maximum exposure, so if they are booking profit, the first round of selling is bound to come in the sector where they have maximum holding.But there is another part to the story, which is when they come back, it is the very same sectors where they buy the first, because financial services and banks are the best proxy play to GDP growth. Also the fact that the majority of these stocks have ample liquidity plays an important part in the kinds of strong moves these stocks see.
- Go To Page 1
Share market update: Most active stocks in today's market in terms of volume
The NSE Nifty index closed 223.46 points up at 22643.4
Share market update: Most active stocks of the day in terms of traded value
The NSE Nifty index closed 223.46 points up at 22643.4
Share market update: Most active stocks of the day in terms of total traded value
The NSE Nifty index was trading 116.96 points up at 22536.9
Share market update: Most active stocks on D-Street today in terms of volume
The NSE Nifty index was trading 100.75 points up at 22520.7
Small & midcap stocks may be headed towards a pre-election rally: Abhishek Basumallick
Abhishek Basumallick shares insights on market trends. He favours small and midcap stocks despite expensive valuations. He also predicts a pre-election rally. He remains optimistic about PSUs, railways, energy transition, and real estate growth. Basumallick says he is bullish on insurance and chemicals sectors which could very well turn out to be dark horses for the Indian market.
Share market update: Most active stocks of the day in terms of traded value
The NSE Nifty index closed 0.96 points down at 22513.7
Share market update: Most active stocks on D-Street today in terms of volume
The NSE Nifty index was trading 25.5 points down at 22489.15
There is more to BFSI than just banks: Financial services stocks with “Buy” rating which may deliver 12-30% returns
In the last few weeks, just because one bank has underperformed and was able to drag the market lower, that does not mean everything in one of the most important sectors of the economy, which is BFSI, is bad. This distinction needs to be made because in BFSI space every segment has a very different operating matrix and hence the growth path. So, while banks might be under pressure, AMCs have been doing well. Similarly, life insurers are under pressure but the general insurance companies have done well. So rather than a broad brush, have a look at companies individually for better decision-making. So rather than a broad brush, have a look at companies individually for better decision-making as analysts are bullish on many companies in the financial services space.
PSUs’ easy money phase over; betting on domestic cyclicals: Anish Tawakley
Anish Tawakley of ICICI Prudential AMC, discusses the equity market outlook. He believes that for the next two to three years, domestic cyclical sectors such as automobiles, cement, capital goods, industrial goods, insurance companies, and asset managements will perform well. Tawakley emphasizes the importance of valuations and earnings growth. He states that while valuations are slightly expensive, they are reasonable for largecaps.
Share market update: Most active stocks of the day in terms of total traded value
The NSE Nifty index was trading 7.2 points up at 21004.3
Share market update: Most active stocks on D-Street today in terms of volume
The NSE Nifty index was trading 141.5 points up at 20274.65
India needs 10 more banks. Why should insurance companies invest in companies below AA rating?
“Many of the smaller and midcap NBFCs, who have net worth of less than Rs 1,000 crore, will find it tough to go out to a bond market. They have to go to the banking system. Are we trying to make the banking system more efficient or are we going to make the banking system more lazy by having a lesser number of banks?”
Unlock the road to secure celebrations: A comprehensive guide to motor insurance this festive season
As the festive season approaches, whether you're welcoming a new vehicle into your life or your motor insurance renewal is due, don't delay this prudent decision.
Nifty Financial Services index stocks: Will they lead the correction once again?
For all those, who are surprised the fact that all of sudden bank nifty or finnifty witnessed a sharp fall, it would worth remembering that whether it is upward or southward movement of Nifty and Sensex, it is largely led by financial services because of high ownership of institutional investor’s both domestic and foreign portfolio investors. So if there a sell of due to risk off mode for emerging markets, which market has moved to in last few days. It is financials which are likely to lead to the decline, but, there is equal sharp recovery in them. So, be careful both in buying and selling decision in financial space.
New car insurance plan: File single claim for multiple chips, scratches, minor losses anytime; should you buy?
Add-on covers are usually additional benefits that you can add to your comprehensive car insurance policy by paying an extra amount. To protect different parts of your car, there are specific add-on covers. If you don't understand what part of your car is protected by which add-on cover and jumbled them up while filing an auto insurance claim, your insurance company may refuse to bear the cost. To solve this, Bajaj Allianz General Insurance has come up with a new motor insurance plan that offers a plethora of add-on covers together. Let's understand how it works
Retail health insurance grew 68%, higher than any other segment: Rakesh Jain, Reliance General Insurance
"The health segment is meant to grow because the cost of healthcare is growing, and this is linked to the progress in medical science. Even if you are fully insured today, it will not suffice for a lifetime due to medical inflation"."
Here's why Anshul Saigal is bullish on the auto sector
In our judgment, over the last six-seven years, pharma has actually gone nowhere and all the negatives that this sector has seen, both in terms of volume contraction as also prices coming down particularly in the export market, those have played out in stock prices.
Trends shaping the future of jobs amid layoffs
Despite confusion surrounding market conditions, layoffs, and AI impact, some Indian companies are hiring judiciously. Ernst and Young's "Future of Pay" report identified positive hiring sectors including cement, steel, auto components, renewable energy, and healthcare. A TeamLease Services report for Q2 2023 found increased hiring intent in telecom, financial services, e-commerce, healthcare, pharma, FMCG, and infrastructure.
KYC mandatory for buying new health, auto, travel insurance from January 1, 2023
It will be mandatory for the insurers to collect KYC documents from you when you are purchasing a new life and non-life insurance policy, irrespective of the premium amount, from January 1, 2023
Long-term Third-Party, Own Damage motor insurance cover proposed: Know proposed features, price, premium
In order to allow the policyholders a wider choice, IRDAI has proposed to permit all general Insurers to offer long-term motor insurance policies — a) 3-year in respect of private cars co-terminus with motor Third Party Liability cover, b)5-year in respect of two-wheelers co-terminus with motor Third Party Liability cover.
New switch on and off motor insurance add-on offers cashback: Will you get in case of claim?
If the app remains inactive or is switched off for a continuous period of 24 hours, the customer will earn one day as a reward. However, in the event of a claim, reward days and cashback will not be applicable
Stocks in the news: LIC, DCX Systems, M&M, Eicher Motors, Adani Green and Apollo Hospitals
LIC, M&M, Hindalco, Adani Power, ABB, Info Edge, Zydus Lifesciences, Astral, Alkem Industries, Vedant Fashions, Thermax, Delhivery, BHEL and ZEEL are among the companies that will announce their results for September 2022 quarter today.
Q2 results this week: TCS, Infosys, Bajaj Auto, Tata Elxsi, HDFC Bank, others
Second-quarter earnings will be led by the banking and finance, consumer, and automobile sectors and dragged down by commodity sectors such as metals and oil and gas, said Gautam Duggad, institutional research head at Motilal Oswal Financial Services.
Load More
