Money

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.

Life insurance market clocks 20% growth in first qtr

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...

Expect life insurance industry to grow 10-15% this fiscal: Amitabh Chaudhry

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

indian rupee vs us dollar News

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.

Issuance of e-insurance from Oct 1 will make the processes more efficient: Yashish Dahiya News

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

LIC News

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

home loan News

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.

Only 30% people have insured their homes in India: Survey

LIC improves its performance, still loses market share in April

After underperforming in 2014-15, state-owned Life Insurance Corporation (LIC) has improved its performance in April by recording 21 per cent growth in premium and 18 per cent higher sales of policies

Life Insurance Corporation News

Exide Life to focus on Ulip, group policies

Private life insurer Exide Life Insurance will focus on growing its business from Ulips and group insurance policies.

Exide Life to focus on Ulip, group policies

GIC to acquire about 64% stake in Nirlon for Rs 1,280 cr

Singapore's sovereign wealth fund GIC on Tuesday said it is acquiring 63.9 per cent stake in the Mumbai-based realty firm Nirlon Ltd for Rs 1,280 crore.

foreign investor tax row News

Health insurance: 10 tips to keep in mind before buying

The 10 rules to keep in mind when you buy health Insurance –

max healthcare News

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 still very low.

Non-life insurance has a lot of catching up to do

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...

Amana Takaful, Amana Takaful tie up, GrayMatter’s Insurance Analytics, Amana Takaful GrayMatter, Business Analytics, Business Analytics program, Business Analytics Amana Takaful, insurance news

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.

How GST will change the cost of taking insurance cover News

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 Bima...

LIC, Dena Bank ink MoU to roll out PMJBY

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 to charge up to Rs 100 for any such modification.

Issuance of e-insurance from Oct 1 will make the processes more efficient: Yashish Dahiya News

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, who died in the accident in December 2007...

Insurance News

The soaring cost of medical inflation 

With the international crude oil prices falling around the $50 a barrel-level, general inflation in India...

The soaring cost of medical inflation 

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

SBI to divest up to 10% stake in SBI life insurance

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...

Germanwings, Germanwings co pilot, Germanwings plane crash, Airbus crash, airbus plane crash, Airbus A320 crash, Andreas Lubitz, France, France plane crash, world news

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 general insurance arm from 26 per cent to 49 per cent.

State Bank of India News

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 this year.

LIC News

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.

Axis Bank, axis bank app, axis bank app for tablet, axis bank tablet app, axis bank app tablet, Max Life Insurance, financial planning app, tablets News

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 to operate in India.

life insurance claim News

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...

Life insurance - NPS News

‘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...

life insurance claim News

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 of operations...

Expect to close the year with 25% growth: Manoj Kumar Jain
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