M Saraswathy

For the cash in transit, covers are taken for instances like theft.

Insurers cannot invest in AT1 bonds of their promoter group bank or where the bank is their corporate agent

However, except large insurers like LIC, other insurers might not be active members in the JLF

In a falling interest rate scenario, insurers may lower future bonuses on participating products

The industry had 685 products as on October end 2016 compared to 610 products last year during the same time period

Public sector banks have outperformed private ones in enrolments

Aditya Birla Health is the most recent addition that commenced operations in October

Since losses in motor insurance have continued to rise, non-life insurers sought relief from ministry

Private sector insurer ICICI Lombard General Insurance has seen almost 39% growth in top-line as per their results for the first six months

The regulator's concerns are around Section 35 of the Insurance Act 1938, which specifies norms for merger of insurance companies, said sources

Banks still haven't got the new set of Rs 500 notes as customers were given a mix of Rs 2,000 and Rs 100 notes

The life insurer in question, Irdai says, shall be responsible for the conduct of the PoSP.

HDFC Life, IndiaFirst Life and Bharti Axa Life look to change customer purchase behaviour and expand their influence

Life insurance industry has added 24,183 agents in the period between April 1-September 30 during this financial year

The professional networking platform ropes in one of the highest paid Bollywood actors, looks for wider appeal and a mass audience

After R1, the regulator gives R2 and R3 licenses post which the branch can become operational

At present, apart from the 14% service tax, Krishi Kalyan cess & Swachh Bharat cess are also applicable, taking the total service tax applicable on insurance products to 15%

Insurer likely to support Ratan Tata; reduction in stake might have been profit booking

DEEPAK MITTAL, managing director and chief executive, talks to M Saraswathy

The number of active LIC agents as on March 31, 2016, was 1,018,039 against 1,081,495 on a year-on-year basis