Non-life insurance has a lot of catching up to do While general insurance in India has seen an 18% CAGR during 2005-14, when compared with global benchmark, its reach is… Updated: August 11, 2016 16:14 IST
Amana Takaful announces tie-up with GrayMatter’s Insurance Analytics to execute Business Analytics program Insurer Amana Takaful PLC, Sri Lanka has announced its decision to partner GrayMatter’s Insurance Analytics… April 16, 2015 18:50 IST
Flexi health cover for govt employees in the offing It will also take up a proposal on the issue of providing medical education through its colleges. Updated: April 7, 2015 11:13 IST
LIC, Dena Bank ink MoU to roll out PMJBY Life Insurance Corporation (LIC) of India and Dena Bank signed an MoU on Monday to implement the Pradhan Mantri Jeevanjyoti… April 7, 2015 00:23 IST
Changing nominee in life insurance policies to cost Rs 100 now Cancellation or change in nomination in insurance policies now comes at a cost as regulator IRDAI has allowed life insurers… April 3, 2015 21:40 IST
Kin of rash driving victim gets compensation of nearly Rs 7 lakh Owner of the offending car is asked to pay Rs 6,88,546 to the family of Madhya Pradesh resident Surender Kumar,… Updated: April 3, 2015 15:50 IST
The soaring cost of medical inflation With the international crude oil prices falling around the $50 a barrel-level, general inflation in India… April 1, 2015 21:32 IST
SBI to divest up to 10% stake in SBI life insurance SBI owns 74% of the total capital and BNP Paribas Cardif has the remaining 26% in SBI Life Insurance Updated: April 1, 2015 11:24 IST
Germanwings Airbus A320 plane crash: Lufthansa offers families initial aid of 50,000 euros Germanwings has offered the families of the victims of the French Alps air disaster “up to $54,806 per passenger… March 28, 2015 10:51 IST
Australian insurer IAG to raise stake in SBI General to 49% Within days of Parliament clearing the Insurance Bill, Insurance Australia Group (IAG) has decided to increase its stake in SBI’s… March 26, 2015 14:04 IST
Terming Narendra Modi-led govt’s move ‘positive’ on duration papers , LIC keen on 40-year govt bonds Life insurance major LIC today said it is keen on buying 40-year bonds which the government is set to issue… March 25, 2015 16:27 IST
Axis Bank launches first-of-its-kind financial planning app based on tablets Axis Bank, in a partnership with Max Life Insurance, has announced the launch of a first-of-its-kind financial planning app. March 24, 2015 14:01 IST
Global reinsurance giants set eyes on India market John Nelson, chairman, Lloyd’s, said, “this (new Bill) is great news for Lloyd’s as the Bill allows the Lloyd’s market… March 17, 2015 08:18 IST
India life insurers seek quick capital fix from PE investors after law change Several Indian life insurance firms are courting private equity investors to boost their capital ahead of potential IPOs… March 16, 2015 21:41 IST
‘Penalty of up to Rs 25 cr for mis-selling insurance policies’ The amended insurance law provides for a penalty of up to Rs 25 crore for mis-selling or misrepresentation… March 14, 2015 11:38 IST
Expect to close the year with 25% growth: Manoj Kumar Jain Shriram Life Insurance (SLIC), a part of the Shriram Group, is banking on efficient use of capital and low cost… March 14, 2015 00:09 IST
Bupa to up stake in Max India to 49 pct UK-based healthcare group Bupa will increase its stake in Max Bupa from 26 per cent to 49 per cent, said… March 13, 2015 20:18 IST
Govt invokes Sachin Tendulkar, Virat Kohli to bat for Insurance bill in Rajya Sabha Government invoked names of cricket icons Sachin Tendulkar and Virat Kohli to bat in the Rajya Sabha… March 13, 2015 10:08 IST
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