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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
Apollo Munich launches ‘Dengue Care’ with Rs 50,000 hospitalisation cover
Apollo Munich Health Insurance launched a 'Dengue Care' scheme available at one-time premium of Rs 444.
Jul 28, 2015
HDFC Ltd Financial Results for the Quarter Ended June 30, 2015 Standalone and Consolidated
The Board of Directors of Housing Development Finance Corporation Limited (HDFC) announced its unaudited standalone and consolidated financial results for the first quarter of the financial year 2015-
Business Wire India
Jul 28, 2015
Standard Life eyeing hike in HDFC Life stake to 35%; IPO possible, says Deepak Parekh
Standard Life has expressed interest in increasing its stake in HDFC Life to 35%, HDFC chairman Deepak Parekh revealed at the lender's annual general meeting (AGM) on Tuesday.
Jul 28, 2015
LIC elevates two more women into top echelons of insurer
With women officers already heading most of its subsidiaries, the Life Insurance Corporation (LIC) is continuing with the trend to place them in bigger roles.
Jul 26, 2015
China’s Anbang Insurance concludes Delta Lloyd buy for $226 mn
China's Anbang Insurance Group has completed its purchase of Delta Loyd Bank Belgium from its Dutch parent Delta Lloyd NV for 206 million euros ($226 million), the two companies said on Thursday.
Jul 24, 2015
Japan’s Meiji Yasuda to buy U.S. insurer StanCorp for $5 bn
Japan's Meiji Yasuda Life Insurance Co said on Friday it has agreed to buy U.S.-based StanCorp Financial Group Inc for $5 billion, the latest multi-billion deal by acquisitive Japanese insurers.
Jul 24, 2015
New senior health insurance plan with Rs 1 lakh cover in the offing
The government is finalising a new health insurance scheme for those above 60 years, modelled on the lines of the Pradhan Mantri Jan-Dhan Yojana and the Pradhan Mantri Jeevan Bima Yojana.
Jul 22, 2015
Sachin Tendulkar launches Aviva Early Starters Initiative
The Early Starters initiative will take forward Aviva India’s ‘What’s Your Big Plan’ campaign where the insurer will provide 20 children an opportunity to live their dream profession for one d
Jul 21, 2015
UK motor insurance premiums rose 5 pct in second quarter
British car insurance premiums jumped by more than 5 percent in the second quarter compared with the previous three months, and a rise in insurance tax is likely to add to price increases, recovery se
Jul 21, 2015
LIC Housing Finance net profit jumps 19% to Rs 382 cr in Q1
Mortgage lender LIC Housing Finance today reported 19 per cent jump in net profit at Rs 382.13 crore for the April-June quarter on higher margins and better asset quality.
Jul 21, 2015
General insurance premiums climb 12.6% in June, public sector favoured
India’s general insurance sector continued its monthly growth and registered a surge of 12.6% in gross direct premium income underwritten in the month of June. Public sector insurance companies
Jul 21, 2015
Life insurance market clocks 20% growth in first qtr
After witnessing de-growth since 2010, the life insurance industry rebounded in the first quarter of the fiscal recording a robust 20 per cent growth in new premium income.
Jul 19, 2015
Expect life insurance industry to grow 10-15% this fiscal: Amitabh Chaudhry
The life insurance industry, which has seen some tough times during the last few years, is expected to grow 10-15% in the current fiscal...
Jul 17, 2015
CCI imposes Rs 671 crore fine on four state-run insurers
Fair trade regulator CCI today slapped Rs 671 crore penalty on four state-run insurance companies -- National Insurance, New India Assurance, Oriental Insurance and United India Insurance
Jul 16, 2015
Reduce your life insurance premium through insurance ladder: 6 power points
Life cover requirements increase when you assume greater financial responsibility such as marriage and birth of a child.
Jul 14, 2015
FCI moots proposal to raise Rs 40,000 cr via bonds from Life Insurance Corporation
As per the proposal of Food Corporation of India, the 10-year bonds will be redeemed at 10 per cent per annum. It will be raised at government security interest rate plus 30-40 basis points, which com
Jun 21, 2015
Despite risk awareness, most Indians prefer not to spend on home insurance
Around 75% of respondents were aware of the importance of home insurance and 64% of homeowners were aware that earthquakes and other natural calamities posed the highest risks to their house. Despite
Jun 18, 2015
Only 30% people have insured their homes in India: Survey
Most people in the country prefer not to spend on a home insurance policy despite awareness on the need for the cover , a Bajaj Allianz General Insurance survey said.
Jun 17, 2015
10 stocks to buy now that could make you rich
Coronavirus April 22 Highlights: Bengal, UP, Gujarat, Kerala, report biggest single-day surge; PM Modi to chair high-level meetings on Friday
Share Market Highlights: Sensex crosses 48,000 on closing, Nifty ends at 14,406; ICICI Bank, HDFC top gainers
Rakesh Jhunjhunwala expects bull run to continue for years; finds opportunity in midcaps, smallcaps
Hiring to grow by 7% in April-June if further lockdowns not imposed: Report
Infosys stock Nomura's preferred pick post Q4 results; share price may rally 20%
Provident Fund: Special Deposit Scheme interest rate for Non-Government PF, Gratuity Funds for Q1 2021-22 notified
Coronavirus April 21 Highlights: Kerala, Bihar, MP, Chhattisgarh announce free vaccine for all above 18 years
Sun Pharma, Jindal Steel among top stocks to buy, sell; intraday chart suggests Nifty may fall up to 14,130
Ashish Yechury, elder son of Sitaram Yechury, dies of COVID-19 in Gurugram Hospital
EMI Moratorium: Are credit scores dropping as lenders start reporting non-payment to bureaus?
Coronavirus India Live Updates: Kejriwal fears 'big tragedy' due to lack of oxygen, Jharkhand imposes statewide lockdown till April 29
How can the Indian economy recover and stabilise from the challenges of the second wave of COVID-19?
Coronavirus triple mutant variant to worsen India's Covid crisis? What we know about 'Bengal strain' – 5 points
Market LIVE: Sensex sits in red, Nifty below 14,400; broader markets outperform
Appraisal anxiety in the Covid-19 pandemic-era
4 eligibility criterion to boost your personal loan approval chances
Amazon rolls out 'Where can I get a COVID vaccine?' ability for Alexa
Wipro beats HCL Tech in m-cap; becomes 3rd most valued IT company in India
Mukesh Ambani buys Britain's iconic country club Stoke Park for 57 million pounds
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