Page 19 - M Saraswathy

LIC to offer Jeevan Jyoti Bima to Dena Bank savings account holders

PMJBY will be a group life insurance cover and would be renewed annually on June 1 every year

Health Insurance TPA to begin operations on July 1

Company in process of setting up software processes and hiring personnel

Pay increases to be muted this year

Infotech will see a mixed appraisal season. Infosys said in March it would raise salaries by 6.5-9 per cent for its employees in India, effective Wednesday

Insurers with bank promoters to seek clarity on caps on business from one entity

Irdai said corporate agents cannot get more than 90 per cent business from one insurer in one category in the first year

Motor third party premiums to see marginal hike for FY16

For private cars and two wheelers, rates from April 1 would only go up by Rs 65-340 in this segment

Life insurance sector may end year with new premium growth

LIC, the largest player, has seen a 40% growth in March 2015 in new premium compared to February 2015

No IPO plan from general insurance firms

Poor valuations, problems in claim ratios, staff opposition for state-run units among issues to be addressed

Digitised policies to soon be mandated for high premium policies

Insurance repositories will be involved in the process of maintaining these policies in a digital format

String of bank holidays from March 28 to affect consumers: Assocham

According to Assocham, while ATMs will technically remain operational, problems could arise

Overhaul brakes on insurance scheme for poor

Sector players await government's decision on future of Rashtriya Swasthya Bima Yojana

Global reinsurers entering India to be win-win for customers

To get better pricing, products suited for the market based on global expertise

Motor insurance loss likely to be steeper from FY16

The regulator has made it mandatory for insurers to have a minimum percentage of motor third-party business underwritten

New Irdai guidelines to make life tougher for insurance agents

The new guidelines, with higher penalties and more onus on selling based on the requirements of customers, will be effective from April 1

Pvt banks to raise service charges, penalties

'Indian management control' clause still grey area for insurers

Insurance industry unsure about the limits of so-called control clause and what it entails for foreign investors

Insurers see a change agent in new FDI rules

Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled

Less warmth for tax-free bonds in FY16

With each rate cut, government bond yields are seen falling further, thus making returns on tax-free bonds less attractive

Insurers get ready for barrage of new regulations

Seek more adoption time from IRDAI

Rs 50,000 cr bonanza for life insurance industry

Insurance experts say that this money can be raised in next three years; top five can make gains of Rs 20,000 cr

YES Bank increases balance slabs for 7% interest on savings account

Officials claim it is still most competitive; less balance would earn 6% interest