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...

Julian Roberts. Old Mutual, Kotak Mahindra

Third party motor business now mandatory for general insurers

The insurance ordinance, which was promulgated recently, has made it mandatory for all general insurers...

Life insurance - NPS

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.

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...

Coal India, Coal India stake sale, Coal India shares, Coal India BSE, Coal India NSE, Coal India news

Life Insurance Corporation: Yours Truly

Those who measure a brand’s profile through its advertising may find the Life Insurance of India, or LIC...

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.

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.

‘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...

Life insurance - NPS

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...

Life insurance - NPS

Cabinet approves Insurance Bill; RS may take up next week

The Cabinet approved the insurance amendment bill with a composite foreign investment cap...

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.

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...

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...

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.

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?

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...

‘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...

Won’t oppose unnecessarily FDI insurance bill in Rajya Sabha: Mayawati

Striking a note different from rest of the opposition, BSP today hinted that it may not oppose the bill...

Insurance bill likely to go through in Winter Session: FM Arun Jaitley

Finance Minister Arun Jaitley today expressed the confidence that Insurance Amendment Bill...

Expect Insurance Bill to be passed in Winter session: FM Arun Jaitley

NDA government is seeking to raise FDI in the insurance sector from existing 26 per cent to 49 per cent.

New India Assurance H1 net jumps 40% on investment income

State-run general insurer New India Assurance said here today that its profit rose by 40 per cent...

Insurance company not liable if vehicle driver does not have valid licence: NCDRC

An insurance company is not liable to pay any claim if the insured transport vehicle...

Insurers lose Rs 4K cr in J&K floods, cyclone Hudhud

Insurance companies have suffered losses of over Rs 4K crore in Jammu & Kashmir floods and cyclone Hudhud...

Insurance industry has a lot to gain from digitisation

Use of digital technology is gradually picking up in the insurance industry as sales agents...

Insurance, Insurance regulator, Nomination, Nomination for insurance, no fee for change in nomination

Growth eludes life insurers except some bank-promoted players

An ongoing churn in life insurance products has made growth elusive for insurers...

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