Money
Private insurance companies lead growth of new biz premium
Private insurance companies led the growth of new business premium, as the life insurance industry saw a rise of around 15.55% in the current financial year compared to the previous year
Insurance industry seeks hike in tax exemption limit
Government should raise tax exemption limit for health insurance and introduce fiscal measures to help increase its penetration, say industry officials.
Regulation hurdle delays life insurance product clearances
The domestic insurance industry is concerned about the slowing speed of product clearance in the life insurance segment.
XL Catlin applies for reinsurance license in India
XL Catlin today announced it has begun the licensing process to establish a reinsurance branch in India. The decision to pursue market entry into India aligns with XL Catlin's strategy of establishing
Mahindra Insurance Brokers – First Insurance Broking Company in the World to Achieve the Global Benchmark
Mahindra Insurance Brokers Ltd. (MIBL) has been appraised and rated at Maturity Level 3 of the People Capability Maturity Model (People-CMM), thus becoming the first insurance...
PSU general insurers outpace private players in premium collection
State-owned general insurers led by New India Assurance have outpaced their peers in private sector in premium collection, though marginally, by recording 12 per cent growth in the first nine months o
Irdai releases draft on agent commission
New norms can have some impact on sales of insurers as many of them were giving commissions as high as 35-40% for first year.
CBI arrests Branch Manager of United India Insurance company
CBI today arrested a senior branch manager of United India Insurance Company from Ghazipur in Uttar Pradesh for allegedly accepting bribe of 10 per cent of the claim amount.
LIC profit jumps 10.4% in FY15, pays Rs 1,804.4 cr to govt
A whopping 25 per cent rally in the equity markets boosted the net profit, or valuation surplus in the official language, of Life Insurance Corporation by 10.4 per cent in 2014-15 at Rs 36,087 crore.
Telangana starts recognition of e-Motor Insurance policies
The Telangana government today started the recognition of 'e-Motor Insurance policies' in the state, in collaboration with the Insurance Regulatory and Development Authority of India and the Insurance
FDI cap hike sees inflow in JVs; $1billion likely in 2016
The long pending demand of insurance players for raising the FDI cap to 49 per cent was fulfilled this year leading to greater flow of foreign funds into India's private JVs and the move is expected t
IRDAI extends deadline for micro insurance products till March 31
The Insurance Regulatory and Development Authority of India (Irdai) today said the existing micro insurance products will continue to be on offer till March 31, 2016.
FDI worth Rs 6,192 cr in insurance cos awaits clearance: Govt
According to Insurance Regulatory and Development Authority of India (IRDAI), the total FDI in insurance sector as on March 31, 2015, was about Rs 8,031 crore
Chennai floods: Insurers look at Rs 200 cr claims for 8 private jets
Chennai floods: General insurance companies are likely to receive claims worth around Rs 200 crore from the owners of eight corporate jets that have been partly damaged by recent floods in Tamil Nadu.
Tamil Nadu floods: General insurers receive claims of over Rs 2,500 cr
Non-life insurers have so far received 10,000 claims valued at Rs 2,500 crore arising out of the Tamil Nadu floods, a top insurance official said today.
Irdai to launch portal for health insurance plans information
The portal will be having all the information like treatment facility, cost of treatment and cost of claims among others relating to the 35,000 hospitals which are registered by Irdai-promoted Insuran
Tamil Nadu floods could cost insurers over Rs 1,000 crore
While the earlier deluge in Tamil Nadu, which started on November 8, has already resulted in claims of around Rs 500-600 crore, the recent torrential rains could cause far more damage, insurers point
New investment norms: IRDA may bring clarity on instruments, procedures
Timing crucial as pressure builds on insurers to invest in tier-I bonds of banks
Govt extends RuPay card usage condition to 90 days regarding insurance claim
Under Pradhan Mantri Jan Dhan Yojana (PMJDY), RuPay Debit Card, with an in-built accident insurance cover of Rs 1 lakh, is provided to account holders. About 16.54 crore RuPay cards have been issued s
Global insurance review 2015 and outlook: Narendra Modi reforms push a booster shot, says Swiss Re
Business and consumer sentiment in India have improved significantly on expectations of a strong push towards economic reform and liberalization by Prime Minister Modi.
LIC employees agree for 15% salary hike, 5-days week
The management of Life Insurance Corporation (LIC) and the unions representing around 1 lakh employees of the insurance behemoth have agreed on a 15 per cent wage hike, which will be effective from Au
Bupa to Pay Rs 191 Crore to Max India to Raise Stake in Max Bupa by 23 Percent
Max Bupa Health Insurance (Max Bupa) today announced that its foreign parent Bupa has executed agreements to acquire an additional 23% stake in Max Bupa...
Make Your Diwali a Maxima Diwali with Exide Life Insurance
This festive season celebrate with Exide Life Insurance, by gifting your dear ones a secured future.
Future Generali India aims to grow Health Insurance Premium by 50% in next 2 years
General insurer Future Generali India Insurance aims to grow by 50%, its health insurance premium from its retail business in the next two years, as it plans to launch new products and expand its agen
New Irdai norms to provide clarity for sector
The Insurance Regulatory Development Authority of India (Irdai) came out with the guidelines on Indian control and management, which can offer more clarity for the insurance sector.
Max Life Insurance launches ‘Monthly Income Advantage Plan’
Max Life Insurance has launched its new product -‘Max Life Monthly Income Advantage Plan’ – a traditional, participating and money back life insurance plan...
IRDAI issues guidlines on FDI in insurance firms
IRDAI issued guidelines to bring in more clarity on the issue of compliance with the manner of Indian-owned and-controlled companies.
Advertisement
Most Read
- True Antyodaya: An aspirational programme to fight Covid
- Facing cash crunch amid Covid? Check out overdraft facility
- How digital adoption will help India get economically stronger
- Easier syncing: WhatsApp getting ready with multiple device support
- AGR dues: Telcos proceeded with spectrum sale as DoT delayed filing appeals
- Make Covid drug trials transparent; fix regulation to make more approval, trial data public
- Portals to link job-seekers and employers a good idea, also offer reskilling opportunities
- Teachers getting pulled up for 'absence' in midst of Covid underscores the need for online education
- Health insurance claims: Private insurers go for in-house settlement - Do TPAs need to polish up their game?
- Telcos warn customers on using dial-in numbers of online meeting apps like Zoom, BlueJeans, Microsoft Teams
Advertisement
Budget 2020
- Torrent: Cut to ‘reduce’, revise fair value to Rs 2,350 a share
- Budget 2020 hasn't violated fiscal discipline: FM Sitharaman
- Budget 2020 was disappointing for lacking vision; but fiscal, taxation measures welcome: EAC-PM member Ashima Goyal
- Budget 2020: FM Nirmala Sitharaman says govt willing to do more beyond Union Budget to boost growth
- Budget 2020: FM says green shoots of recovery visible, points at worse macro-economic fundamentals under UPA
- Budget and the economy: What can we expect after this Budget?
- Budget 2020: FM Sitharaman takes on P Chidambaram over defence budget allocation
- Budget 2020 proposals on DDT, personal tax not to impact MF industry: Franklin Templeton
- Budget 2020: Chidambaram slams Modi govt; says economy close to collapse, unemployment making India poorer
- Budget 2020: How ESOP tax changes will benefit start-up employees
Advertisement
State Bank Of India
HDFC Bank
Axis Bank
ICICI Bank
Punjab National Bank
CITI Bank
Kotak Mahindra Bank
IDFC Bank
Bank Of India
Bank Of Baroda