|
Oriental Insurance, National Insurance need Rs 1,000 crore as motor pool strains solvency
|
|
The government may have to invest 1,000 crore in two non-life insurance companies - Oriental Insurance and National Insurance - to make up for provisioning requirements towards third-party motor pool by March[...More]
|
|
|
New business income for life insurance companies down 17%: IRDA
|
|
Sales of life insurance policies continue to decline even during the tax-saving season. According to the data released by the Insurance Regulatory and Development Authority[...More]
|
|
|
Life insurers’ first-year premium down 17%
|
|
The first-year premium of life insurers has decreased 17 per cent to Rs 71,952 crore up to December 31, 2011 compared with Rs 86,697 crore in the year-ago period.[...More]
|
|
|
‘Health insurers must introduce products for day-care ailments’
|
|
Non-life insurers need to focus more on introducing products to cover day-care ailments, according to Mr J. Hari Narayan, Chairman, Insurance Regulatory and Development Authority. [...More]
|
|
|
‘Health insurers must introduce products for day-care ailments’
|
|
Hyderabad, Jan 24 Non-life insurers need to focus more on introducing products to cover day-care ailments, according to Mr J. Hari Narayan, Chairman, Insurance Regulatory and Development Authority. [...More]
|
|
|
LIC launches Jeevan Ankur child plan
|
|
The country's largest insurer, Life Insurance Corporation (LIC), today launched a new product in the child plan space that aims to meet educational and other needs of children.[...More]
|
|
|
Punjab National Bank waiting for IRDA nod on Metlife deal
|
|
Awaiting regulatory approval for its proposed acquisition of a 30 per cent stake in insurance company Metlife, Punjab National Bank (PNB) has said it will not disclose the rationale behind the move or the financial details until IRDA[...More]
|
|
|
IRDA nod must to reassess insured entity's loss: NCDRC
|
|
The insurance firms cannot appoint a second surveyor to reassess the loss suffered by an insured entity without sector regulator IRDA's permission, the country's apex consumer forum has held.[...More]
|
|
|
Portability drives health cover innovation
|
|
Health insurance market has become competitive following the introduction of portability which allows customers to switch companies without losing their "no-claim" benefits. [...More]
|
|
|
Indians working abroad to get cover, pension benefits
|
|
In a move that could benefit overseas Indian workers particularly those who are in the Gulf countries, the government on Wednesday cleared a proposal for setting up of a Pension and Life Insurance Fund (PLIF) for them in the Emigration Check Required (ECR) countries.[...More]
|
|
|
HDFC Life launches online term insurance plan
|
|
Private insurer HDFC Life has augmented its online channel with the launch of ‘HDFC Life Click2Protect’ — an online term insurance plan.[...More]
|
|
|
General Insurers like United India Insurance Company to take Rs 100 crore hit from cyclone Thane
|
|
The cyclone Thane in Tamil Nadu and Puduchery would have caused an economic loss of Rs 1,500 crore to Rs 2,000 crore, but the insurable loss is hardly Rs 100 crore. [...More]
|
|
|
Star Union Dai-ichi launches 'Dhan Suraksha'
|
|
Star-Union Dai-ichi Life Insurance has kick-started its campaign to attract such individuals this season by introducing Dhan Suraksha Platinum[...More]
|
|
|
Aegon Religare Life Insurance set to make iTerm policy cheaper
|
|
Aegon Religare Life Insurance is set to make iTerm, billed as the country's cheapest online term plan, more attractive by reducing premiums and increasing benefits in the next few days.[...More]
|
|
|
Damage by cyclone Thane to lower general insurers' profits
|
|
Insurance claims after Cyclone Thane crossed Cuddalore on the Tamil Nadu coast last week leaving a trail of death and destruction could bring down profits of general insurers this fiscal, say industry officials.[...More]
|
|
|