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1 day ago · PB Fintech Limited operates an online platform for insurance and lending products in India and internationally. It operates through two segments Insurance Services and Other Services. The company offers Policybazaar, an online platform to buy and sell insurance products, such as health, term, motor, and travel insurance products; savings and investment products; and B2B offerings for consumers and insurance partners.
Jun 19, 2024 · IRDAI (Registration of Insurance Marketing Firm) Regulations, 2015 (IMF Regulations) were notified in the Gazette on 21.01.2015. The Authority launched an online portal on 26th May, 2015 for facilitating the applicants to submit their applications through portal. The basic functions of the department are as follows. Know More
Jun 27, 2024 · PB Fintech Q3 Results: Policybazaar parent posts Rs 38-crore PAT vs loss a year ago. PB Fintech Q3 Results: Revenue from operations increased 43% year-on-year (YoY) to Rs 871 crore. Revenue from its core online marketplaces – Policybazaar and Paisabazaar – grew 39% to Rs 593 crore, while the adjusted operating profit improved by Rs 50 crore ...
Jun 13, 2024 · Vivek Jain, Head of Investments at Policybazaar.com, explained that the provision for a higher surrender value, calculated at a prevailing 10-year government securities rate with a limited spread, enhances the value returned to policyholders in the event of a policy surrender after the first year.
Jun 24, 2024 · The mathematical formula to manually calculate the equated monthly installment (EMI) for your bike/scooter loan is: EMI = [P x R x (1+R)^N]/ [ (1+R)^ (N-1)] Here, the variables stand for: EMI – Equated Monthly Installment. P – The principal amount that is taken as a loan for the two wheeler. R – The yearly rate of interest.
5 days ago · Policybazaar, an insurance broking company that operates an online platform, highlights this trend, according to a report by Business Standard. The Policybazaar data also show that INR50m policies, once considered substantial, are now becoming commonplace. The purchase of such high-value policies is primarily concentrated in major metropolitan ...
6 days ago · In recent years, more HNIs have been opting for term insurance policies valued up to Rs 20 Crore. A recent report by Policybazaar highlights this shift, countering the conventional belief that online platforms are unsuitable for high-value transactions.
