Reforms in India: Insurance Bill passed by Lok Sabha today
The long-pending Insurance Bill, a key economic reform legislation providing for raising foreign investment cap...
Mar 04, 2015
LIC launches Children’s Money Back Plan offering educational, marriage benefits
LIC has unveiled the Children's Money Back Plan, which the state-owned life insurer hopes will arrest the decline in its market share...
Mar 04, 2015
Insurers can hire agents without Irda licence
Irda said insurance companies can appoint individual agents on their own without licence from the regulator from...
Feb 27, 2015
In a first, Irda has a run-in with the law
For the first time in India, a financial sector regulator has had a police complaint filed against it on criminal charges...
Feb 23, 2015
Govt notifies insurance FDI cap hike to 49 pct
Raising the foreign investment limit is expected to generate inflows of $6-8 billion in the insurance sector that is looking for growth capital
Feb 21, 2015
Max Bupa introduces new super saver health insurance plan
Max Bupa's new Health Companion Health Insurance Plan offers an array of customer centric features...
Feb 18, 2015
Demystifying health insurance: Max Bupa kicks off customer education initiative
Max Bupa has kicked off 'All Fact no Myth', a first of its kind customer education initiative, aimed at demystifying health insurance
Feb 04, 2015
SBI Life Insurance posts net profit of Rs 156 crore in Q3
SBI Life Insurance has announced a 43 per cent jump in net profit for Q3...
Feb 03, 2015
Insurance regulator mulls no fee for change in nomination
Observing policyholders' right to effect changes in nomination, sectoral regulator IRDA is proposing...
Jan 25, 2015
Rs 2 cr compensation to kin of youth who died in an elevator
The apex consumer commission has awarded nearly Rs two crore compensation to the father of a 25 year-old youth...
Jan 16, 2015
Old Mutual will consider raising JV stake with Kotak Mahindra: CEO Julian Roberts
Anglo-South African financial services firm Old Mutual will discuss with partner Kotak Mahindra...
Jan 09, 2015
Third party motor business now mandatory for general insurers
The insurance ordinance, which was promulgated recently, has made it mandatory for all general insurers...
Jan 02, 2015
Undivided Andhra Pradesh records low health insurance premium collection
Andhra Pradesh was the only state where health insurance premium collection dipped by over 13 per cent in 2012-13.
Dec 25, 2014
Govt may opt for ordinance to push coal, insurance reforms
Government may adopt the ordinance route to push reforms in insurance and coal sectors as relevant bills...
Dec 23, 2014
Life Insurance Corporation: Yours Truly
Those who measure a brand’s profile through its advertising may find the Life Insurance of India, or LIC...
Dec 23, 2014
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.
Dec 19, 2014
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.
Dec 17, 2014
‘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...
Dec 17, 2014
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...
Dec 14, 2014
Cabinet approves Insurance Bill; RS may take up next week
The Cabinet approved the insurance amendment bill with a composite foreign investment cap...
Dec 10, 2014
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.
Dec 10, 2014
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...
Dec 08, 2014
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...
Dec 06, 2014
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.
Dec 01, 2014
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?
Nov 27, 2014
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...
Nov 26, 2014
‘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...
Nov 24, 2014
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Budget 2019: Central govt to contribute 14% to NPS, employees to get 80C benefit on Tier-II deposits from April 1
Budget 2019: Hike in import duty may dampen the gold rush
Budget 2019: More power to villages; Rs 2 lakh crore allocated to Panchayats in five years
Budget 2019: Healthcare sector expects hike in exemption limits for health checkup, medical reimbursement
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