Global insurance review 2015 and outlook: Narendra Modi reforms push a booster shot, says Swiss Re
Business and consumer sentiment in India have improved significantly on expectations of a strong push towards economic reform and liberalization by Prime Minister Modi.
Nov 26, 2015
LIC employees agree for 15% salary hike, 5-days week
The management of Life Insurance Corporation (LIC) and the unions representing around 1 lakh employees of the insurance behemoth have agreed on a 15 per cent wage hike, which will be effective from Au
Nov 25, 2015
Bupa to Pay Rs 191 Crore to Max India to Raise Stake in Max Bupa by 23 Percent
Max Bupa Health Insurance (Max Bupa) today announced that its foreign parent Bupa has executed agreements to acquire an additional 23% stake in Max Bupa...
Business Wire India
Nov 24, 2015
Make Your Diwali a Maxima Diwali with Exide Life Insurance
This festive season celebrate with Exide Life Insurance, by gifting your dear ones a secured future.
Business Wire India
Nov 04, 2015
Future Generali India aims to grow Health Insurance Premium by 50% in next 2 years
General insurer Future Generali India Insurance aims to grow by 50%, its health insurance premium from its retail business in the next two years, as it plans to launch new products and expand its agen
Oct 28, 2015
New Irdai norms to provide clarity for sector
The Insurance Regulatory Development Authority of India (Irdai) came out with the guidelines on Indian control and management, which can offer more clarity for the insurance sector.
Oct 21, 2015
Max Life Insurance launches ‘Monthly Income Advantage Plan’
Max Life Insurance has launched its new product -‘Max Life Monthly Income Advantage Plan’ – a traditional, participating and money back life insurance plan...
Oct 20, 2015
IRDAI issues guidlines on FDI in insurance firms
IRDAI issued guidelines to bring in more clarity on the issue of compliance with the manner of Indian-owned and-controlled companies.
Oct 20, 2015
Insurance broker Aon BV to exit India, cites ‘regulatory changes’
The Dutch firm which holds 26 per cent stake in Aon Global Insurance Brokers Pvt Ltd has informed the authorities about its plan to exit from the venture through a formal communication.
Oct 13, 2015
Telenor India Offers Free Life Insurance Cover to Customers
In a first of its kind initiative in the telecom industry, Telenor India today announced free life insurance cover for its existing 47.55 million as well as potential new customers across its six oper
Oct 08, 2015
Irdai mulling long-term health insurance products: TS Vijayan
The Insurance Regulatory and Development Authority of India (Irdai) is planning to develop long-term health insurance products as part of its efforts to penetrate...
Oct 08, 2015
India’s mortality protection gap at $92.2 per household: Study
For every USD 100 needed for protection, only USD 7.8 of saving and insurance is in place for a typical Indian household, leaving a massive mortality protection gap of USD 92.2, says a study by Swiss
Oct 06, 2015
Deposit linked insurance benefits hiked to Rs 6 lakh
The CBT also recommended removing the condition of continuous employment of one year under current employer before being eligible for insurance benefits.
ENS Economic Bureau
Sep 17, 2015
Max Life Insurance launches ‘Max Life Platinum Wealth Plan’ for high net worth individuals
A Life Insurance Plan designed for higher returns to customer who wants a shorter Policy Term of 10 years only
Sep 01, 2015
PM Modi’s gift to Varanasi on Raksha Bandhan: Accident insurance for 51,000 women
On the occasion of Raksha Bandhan, Union minister Piyush Goyal on Saturday said here that as many as 51,000 women and girls of Varanasi will be insured under the Pradhan Mantri Suraksha Bima Yojana as
Aug 29, 2015
Exide Life Insurance Launches “Exide Life Wealth Maxima” – A Unique Unit Linked Life Insurance Plan
Exide Life Insurance Company Limited, an established and profitable life insurance company, today launched Exide Life Wealth Maxima - a unique unit linked insurance plan. In addition to the opportunit
Business Wire India
Aug 26, 2015
Pension business of life insurers plunges 90% to Rs 2,000 cr in FY15
The life insurance industry is bearing the brunt of a 90 per cent fall in pension business due to a special tax treatment for the New Pension System.
Aug 23, 2015
Management control norms by Dec: Irdai
Irdai is looking to remove sub-limits in the commission structure, but will retain the overall permissible expenses limit for insurers
Aug 22, 2015
Final guidelines on ‘management control’ for insurers in December: IRDA
Insurance industry in the last few years had seen muted growth , but participants believes that with FDI up to 49% in Insurance sector more players will bring in capital to expand their business...
Aug 21, 2015
Government’s insurance scheme: New database to keep track of claim duplications
Till now, the Pradhan Mantri Jeevan Jyoti Bima Yojana has received 1,184 claims while another 284 claims have been filed under the Pradhan Mantri Suraksha Bima Yojana.
Aug 20, 2015
LIC to launch maiden ULIP product tomorrow
State-run insurer Life Insurance Corporation of India (LIC) will launch its maiden ULIP product across the country tomorrow.
Aug 18, 2015
Shriram Life Insurance Q1 FY’16 PAT up by 42 % at INR 17 Crores
Shriram Life Insurance, the life insurance arm of Shriram Group announced its results for the first quarter ended June 30, 2015.
Aug 13, 2015
Global economy losses $37 bn from calamities in H12015: SwissRe
Total economic loss from natural calamities and man-made disasters across the world, including Nepal earthquake and heatwave in India, was at USD 37 billion in the first half of 2015, says a report.
Aug 11, 2015
From Rs 201 to Rs 5,001, ‘innovative’ NDA govt has three Raksha Bandhan gifts for sisters
The PM Narendra Modi-led NDA Government has come out with an innovative drive to combine its social security schemes with the sibling festival of Raksha Bandhan.
Aug 11, 2015
AEGON Religare Life Strengthens its Online Portfolio with the Launch Three Next Generation Online Protection Plans
AEGON Religare Life Insurance (ARLI), the pioneers in online insurance, today announced the launch of three next generation protection plans- iIncome plan, iSpouse and iCancermdash;only available for
Aug 06, 2015
General insurers agree to retain 5% compulsory cession
Public sector insurance companies, including New India Assurance, have suggested retention of the five per cent compulsory reinsurance business with state-owned GIC Re.
Aug 02, 2015
Insurance company valuations remain an enigma, reveals CII-Towers Watson study
With the government increasing the FDI limit to 49 percent, there is a keen sense of anticipation within the Indian insurance industry that is expecting a flush of foreign investment in the sector.
Aug 01, 2015
Big drop in trade deficit with China? Only if Hong Kong is not counted
How to boost exports: Suggestion to Modi govt as full fiscal trade deficit hits record high
Don't waste interest rates, use RBI policy statement as policy tool in itself
Indian Railways stations are now stunning beyond belief! 8 revamped stations that will leave you awestruck
UDAY Express: Indian Railways new luxury double-decker train is ready! Exclusive images, details here
No more train delays! Indian Railways to build rail flyovers near 250 stations; what it means
Hyundai Venue design, interior pics out! Most feature-loaded SUV in its segment
Hyundai QXi (Styx) to unveil on 17 April: Bookings for Maruti Vitara Brezza rival likely to open next month
MG Hector's new teaser out! Tata Harrier rival to be largest SUV in its price segment in India
The Future of Finance is Female
Visit stunning Chand Baoli in Rajasthan: World's deepest step well
Infosys Rating: Margin miss was key disappointment
Surprising yet true! Visit these little known places which make Gujarat a bird watcher’s paradise
Delhi Metro to be world's 1st 100% solar-powered metro network! Gets 27MW power from Rewa project for trains
A fair share? Centre's transfers to states decline below half of its budgeted expenditure
Budget 2019: Tax cuts can help build long-term wealth
Budget 2019: Remarkable initiatives by Modi government to hike farmers income
Bumper bonanza! Budget 2019 income tax rebate to benefit over 8 lakh Indian Railways employees
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