Govt to ease insurance investment rules: FM

Govt to ease insurance investment rules: FM

Government will try to win agreement from coalition allies to ease restrictions on foreign investments in insurance, banking and pensions [...More]

Trichy tops in Rural Postal Life Insurance

The central region of Tamil Nadu postal circle headquartered at Trichy bagged the numero uno position in the country by selling Rs 1,017 crore worth of Rural Postal Life Insurance (RPLI) in 2007-08 [...More]

IRDA for 25% investment cap on group cos under ULIP

Insurance regulator IRDA has decided to tighten the exposure norms under the ULIP scheme by imposing a investment ceiling of 25 per cent on group firms. [...More]

Max New York Life Insurance launches SMART assure

Max New York Life Insurance today, introduced SMART Assure, a unit-linked insurance plan positioned to provide higher returns on higher investments. [...More]

Public less enthusiastic to market-linked insurance plans

Growth of ULIPs sale decelerates sharply in 2007-08 [...More]

4 short-listed for IRDA top post

The race for the post of Chairman, Insurance Regulatory and Development Authority, has begun. The short-listed candidates include two members from IRDA itself [...More]

BOB launches new health scheme in Oman

Bank of Baroda (BoB) has joined hands with insurance major New Indian Assurance company to launch a health insurance scheme in Oman [...More]

Life Insurance cover to BSNL/MTNL customers

BSNL has offered Personal Accident Policy for BSNL subscribers worth Rs.50,000/- which covers Accidental Death and Permanent Total Disability due to accident [...More]

ICICI Pru Life posts 49% biz growth

ICICI Prudential Life Insurance has raked in new business premium of Rs 6,519 crore in 2007-08, a growth of 49 per cent [...More]

Life insurance cos put in more money in stocks than MFs

New players and expansion in distribution network drive growth [...More]

Pvt insurers score over PSUs in premium collection

Private players in life and non-life insurance have reason to cheer as they have anchored the industry growth in a significant manner in the first half of 2007-08 by surpassing the public sector players in total premium [...More]

Pension plans will be key to urban market

Reliance Life Insurance is on a fast track and claims to have grown thrice as fast as private sector peers. [...More]

Private life insurers losses rise 80% in 2006-07

Public sector general insurers record robust show [...More]

General Insurance Council may get motor pool ownership

IRDA was not in favour of the national reinsurer becoming an owner of the motor pool due to concerns that it would lead to a conflict of interest. [...More]

Promoters of insurance cos can do brokerage too: IRDA

Corporate houses which promote an insurance company can now foray into insurance broking as well without any regulatory hassles [...More]

Allow foreign investors in insurance firms: Plan Comm

India should consider allowing foreign investors to own a larger share in private sector insurance firms and usher in consolidation in state banks to boost service sector reforms [...More]

Lower solvency margins to give term-life plans a boost

The Insurance Regulatory & Development Authority (IRDA) call to life insurance companies, asking them to promote term insurance products. [...More]

Visva Bharati signs new insurance agreement with New India

Viswa Bharati University has signed a new insurance agreement with New India Assurance for insurance [...More]

More global insurance players eyeing Indian market

Global insurance majors are increasingly looking at the Indian market to foray or expand further [...More]

Meira Kumar launches Nirmaya Health Insurance Scheme for persons with Autism, Mental Retardation, Multiple Disabilities

The Minister of Social Justice and Empowerment, Smt. Meira Kumar has launched Nirmaya a Health Insurance Scheme for the welfare of persons with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities [...More]