Insurance losses develop over years. Estimates of outstanding losses at end of each financial year are provided by each insurance company. The Outstanding loss provisions include IBNR (Incurred but not reported) and IBNER (Incurred but not enough reported),Providing for outstanding losses...

14th & 15th December 2023, BSE Index went up by around 2%. However, Listed Life Insurers on an average fell over 5%. What was the trigger? 12th December 2023, the Insurance regulator had released an exposure draft on product regulations, 2023. It is just a draft and they have invited for...