Insurance

Life insurers seek separate tax deduction limit of Rs 1.5 lakh

Life insurance companies have sought a separate tax deduction limit of Rs 1.5 lakh in an effort to make this asset class more taxpayer friendly.

Insurance News

Disasters cost $ 113 bn damage in 2014: Swiss Re

Extreme weather and other natural and man-made disasters caused USD 113 billion in economic losses in 2014, reinsurer Swiss Re said today.

Insurance News

‘Insurers must tell aggrieved clients whom to approach’

Bombay HC asks IRDA to direct insurance firms to inform aggrieved mediclaim policy holders about the available remedies...

Life insurance - NPS News

Premium growth slows to 9 pct in Oct, Nov as auto sales fall

After clipping at 12-13 per cent growth in the first half, the incremental premium income of the Rs 80,000-crore general insurance industry...

Life insurance - NPS News

Cabinet approves Insurance Bill; RS may take up next week

The Cabinet approved the insurance amendment bill with a composite foreign investment cap...

Insurance News

Parliamentary panel report on insurance pitches for 49 pct foreign investment cap

Select panel for composite cap for foreign investment which should include both FDI and FPI.

Insurance News

Parliamentary Select Committee gives recommendations on Insurance Bill

Paving the way for long pending insurance bill to be placed in the Rajya Sabha, Parliamentary Select Committee...

Parliamentary Select Committee gives recommendations on Insurance Bill

Actor Jagathy Sreekuamar gets Rs 5.90 crore as mishap compensation

Two-and-a-half years after he met with a crippling road accident that cut short his career, veteran Malayalam film actor Jagathy Sreekuamar...

Actor Jagathy Sreekuamar gets Rs 5.90 crore as mishap compensation

Property, fire insurance premium set to rise from next year

Property and fire segments are set to witness increase in premium rates from the next calendar year.

Insurance News

Are parents prepared for fulfilling children’s dreams? Financial literacy a problem says Aviva survey

While parents support their children’s dreams, are they really prepared for it?

Insurance News

Want to repeat success story of south in rest of India: Kshitij Jain, MD & CEO, Exide Life Insurance

Exide Industries’ high brand equity has played a major role in helping its Bangalore-based insurance company...

Want to repeat success story of south in rest of India: Kshitij Jain, MD & CEO, Exide Life Insurance

‘No blank cheque’ for support to govt on GST, Insurance Bills: Congress

Keeping the government on tenterhooks on key reform measures like the Insurance Bill and GST...

‘No blank cheque’ for support to govt on GST, Insurance Bills: Congress

Won’t oppose unnecessarily FDI insurance bill in Rajya Sabha: Mayawati

Striking a note different from rest of the opposition, BSP today hinted that it may not oppose the bill...

Won’t oppose unnecessarily FDI insurance bill in Rajya Sabha: Mayawati

Insurance bill likely to go through in Winter Session: FM Arun Jaitley

Finance Minister Arun Jaitley today expressed the confidence that Insurance Amendment Bill...

Insurance bill likely to go through in Winter Session: FM Arun Jaitley

Expect Insurance Bill to be passed in Winter session: FM Arun Jaitley

NDA government is seeking to raise FDI in the insurance sector from existing 26 per cent to 49 per cent.

Insurance News

New India Assurance H1 net jumps 40% on investment income

State-run general insurer New India Assurance said here today that its profit rose by 40 per cent...

Insurance News

Insurance company not liable if vehicle driver does not have valid licence: NCDRC

An insurance company is not liable to pay any claim if the insured transport vehicle...

Insurance News

Insurers lose Rs 4K cr in J&K floods, cyclone Hudhud

Insurance companies have suffered losses of over Rs 4K crore in Jammu & Kashmir floods and cyclone Hudhud...

Insurance News

Insurance industry has a lot to gain from digitisation

Use of digital technology is gradually picking up in the insurance industry as sales agents...

Insurance, Insurance regulator, Nomination, Nomination for insurance, no fee for change in nomination News

Growth eludes life insurers except some bank-promoted players

An ongoing churn in life insurance products has made growth elusive for insurers...

Growth eludes life insurers except some bank-promoted players
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