| Insider outsider | 22-NOV-09 |
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| A peep into a new book about underrated Maharashtrian cuisine. |
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| 'Sasta' Ulips: Low on charges, low on cover | 19-NOV-09 |
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| After the Insurance Regulatory Development Authority (Irda) capped charges on unit-linked insurance plans (Ulip), insurers have started trying their hand at low-cost products. Aegon Religare, for example, is advertising its Invest Maximiser Plan as ‘Sabse Sasta Ulip’. And, Reliance Life Insurance has come up with Premier Life. |
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| IRDA mulls allowing life insurers to invest in derivatives | 18-NOV-09 |
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| The Insurance Regulatory and Development Authority (IRDA) is considering allowing life insurers to invest part of policy holders' money in equity derivatives, a move that would allow these firms to hedge the risks emanating from cash markets. |
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| Insurers seek changes in disclosure norms | 17-NOV-09 |
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| Insurance companies have sought changes in the draft exposure guidelines and have asked the regulator to defer their implementation by three months. In addition, the set of public disclosures for the insurance companies going public and those not approaching the market to raise capital are likely to be different. |
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| Govt to assess impact of regulators' actions | 15-NOV-09 |
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| The government is considering to put in place a mechanism for assessing the impact of actions of three regulators -- Sebi for capital markets, PFRDA in pensions and IRDA in insurance -- as part of efforts to deepen the financial market. |
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| Selective fashion, please | 14-NOV-09 |
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| Steel baron Lakshmi Mittal’s daughter-in-law Megha Mittal buying the luxury label Escada made front-page news. Mittal was quoted as saying that under her stewardship the brief for the label would be to make it more affordable and accessible. Before the recession took the wind out of the sails of the luxury business, “affordable luxury” was the buzzword. Many prominent luxury goods companies shifted production out of Europe to China to produce quickly, cheaply, and in vast quantities to feed the buying frenzy in this segment. But once the recession took hold, and the numbers of these companies started getting impacted, there was, predictably, a lot of soul-searching about which way the luxury business should go. |
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| Fashion forward | 14-NOV-09 |
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| Fashion designer Rajesh Pratap Singh does a bit of backward integration to weave his own fabrics. |
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| Life covers face MTM valuation | 12-NOV-09 |
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| The Insurance Regulatory and Development Authority (Irda) is likely to ask insurers to mark-to-market (MTM) their entire investment portfolio to indicate the change in prices. |
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| ING Life launches new investment solution | 10-NOV-09 |
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| ING Life today launched a unit-linked investment solution, ING Flexi Life Plus, which offers flexibility in premium payments as well as the convenience to change premium amount during the term. |
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| Canara HSBC plans group insurance foray in FY11 | 10-NOV-09 |
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| Canara HSBC Life Insurance is planning to foray into group insurance by the beginning of the next financial year. It is also working on products for high net worth individuals and the rural market and to bring volumes in a bid to double its premium income to Rs 1,000 crore by the end of the year. |
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| Andhra Bank seeks nod for LIC trail commission | 10-NOV-09 |
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| Andhra Bank, whose insurance venture with Bank of Baroda and Legal & General was launched today, has approached the regulator to protect the trail commission it stands to earn from its distribution tie-up with Life Insurance Corporation of India (LIC). |
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Content Guide
