Insurance News

SBI Life Insurance net profit up 19% at Rs 740 crore for 2013-14

SBI Life Insurance is a joint venture between State Bank of India and BNP Paribas Cardif.

Investors have been dealing with dematerialized shares of companies and mutual funds for quite some time now. (AP)
E-Insurance: Questions remain
Investors have been dealing with dematerialized shares of companies and mutual funds for quite some ...

Bharti AXA aims to double its business in south by year end

Private insurer Bharti AXA General Insurance is planning to double its business in the southern regi...

Life insurance cos new biz premiums down 9.2%

Total new biz premium of life insurance cos in country declined by 9.2% to Rs 1,14,232.73 cr.

'Insurer has to pay 3rd party even if policy premium cheque bounces'

An insurance firm is bound to pay 3rd party compensation to a road mishap victim, SC said.

LIC increases stake in Pipavav to over 5%

In a BSE filing, Pipavav said LIC bought 13 lakh equity shares, or 0.188 per cent stake.
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Insurance regulator Irda hikes third-party motor premium
For passenger cars below 1,000 cc, Insurance Regulatory and Development Authority has hiked third-pa...
Third party motor pool unlikely to make a comeback: Insurers
'The government’s move now only provided Irda with the leeway to rectify the same'
General Insurance Corporation sees double-digit growth in FY14
The country's sole reinsurer General Insurance Corporation (GIC) hopes to clock double-digit growth ...
SBI Life Insurance to appeal against Irda’s Rs 275-crore refund order
Irda has charged SBI Life Insurance of violating various norms by mis-selling a policy.
Irda probes ICICI Lombard Insurance for alleged fraud in govt schemes
Irda has initiated 'focussed inspection' into alleged fraud in 4 govt-sponsored insurance schemes.
CBI probes ICICI Lombard for alleged fraud
CBI today registered a Preliminary Enquiry (PE) against ICICI Lombard for allegedly colluding...
New India Assurance launches special health insurance scheme for families with girl children
New India Assurance's 'New India Asha Kiran' policy gives 50 per cent discount for girl children,
IRDA prescribes standard format for insurance policy
Insurance regulator IRDA today prescribed a standard format for life and non-life insurance...
Govt to pay 50 pc premium for auto, taxi drivers under RSBY
The health insurance scheme is being implemented by the Ministry of Labour & Employment since Octobe...
Insurance: Life is not a reflection of films
Important points that one should keep in mind while buying insurance.
Life insurance: Pricing of insurance policy, risk assessment based on disclosures
An insurance contract is based on the principle of ‘uberrima fides’ or utmost good faith.
Tips to reduce your health cover premium over a period of time
It is essential for you to go through the policy premium rates from time to time.
Reliance Life new business income grows 56%
Leading private insurer Reliance Life Insurance has recorded a 56 per cent surge in its new business...
Max Bupa recognised for customer education initiative
Max Bupa awarded best client agency idea for Satya Mythya ki Paathshala
'AUM of life insurers may treble to USD 1 trillion by 2020'
Assets under management (AUM) of life insurers will almost treble to USD 1 trillion (nearly Rs 60 la...
Third party motor insurance takes a steep hike to break even
The regulator has proposed a maximum hike in the small car segment.
IRDA wants to hike your car insurance by 137 pct, bike 45 pct
Two years ago, car and Bike insurance rates were hiked by 65 per cent.
DIPP allows 26% cap for FII, NRI investment in insurance
Sources said that there is no change in the FDI policy for the insurance sector and this is only a c...
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