)
Currently only banks are offered this cover by DIGCC; insurers find it a risky proposition
Currently only banks are offered this cover by DIGCC; insurers find it a risky proposition
This would be available at the 20,000 plus branches of the SBI network
Say hike in tax incentives will attract more people to buy insurance
At IIM-Bangalore, Amazon and Snapdeal have emerged highest recruiters by making 17 offers each
Fighting low penetration, life insurers try long-format ads and the same tender bond to advertise
Firm says in FY14 itself, it had a million retail cases serviced and generated gross premium of Rs 825 cr
An expert says Centre needs to devise an effective strategy to incentivise state govts to reforms their education system at all-levels
An insurer executive says foreign shareholders not comfortable with raising their stake at this stage
Insurance ordinance gives insurers right to appoint agents
Consulting firms recruit 30% and 23% of the total batches of IIM-Bangalore and IIM-Kozhikode, respectively
Insurers fear lack of quick appointment of regulatory body members would affect industy adversely by delaying work
Public sector insurers have already begun work to introduce easy-to-understand, low-cost policies
Three-year policies will be introduced only for two-wheelers now; it might be extended to cars later on
Salary remains number one retention driver followed by career advancement opportunities
The premium rates for a three-year policy could be as much as 2.5 times higher than on an annual basis
TPA licenses are valid for a period of three years from the date of issue/ renewal, unless renewed further
Commercial vehicles to bear the burden as both private and public insurers have demanded the hike to cover losses
Public general insurers and private general insurers seek hike in TP premiums for 2015-16 to make up for losses