Page 24 - M Saraswathy

'Banks as insurance brokers' provision goes into cold storage

It was one of the most-discussed porposals of P Chidambaram, the finance minister in the last United Progressive Alliance government

Shriram Life looks to tap unexplored markets

The company, which recently launched an assured income plan, is planning to launch a group gratuity product and a bundled product in the current financial year

5 reasons why Modi govt may miss FY15 disinvestment target

Despite better investment appetite, the govt may find it difficult to raise Rs 43,000 crore through stake sales in FY15

Fire insurance rates to zoom up for corporates

Rates set to increase 200 per cent & upwards, to be implemented from February 1, 2015

Insurance Bill to be tabled in Rajya Sabha on Monday

The Bill aims to increase foreign direct investment in the sector from 26% to 49%

Following Irda directive, corporates could see up to 300% rise in fire insurance rates

The insurance regualator has asked insurers, who often offer discounts of up to 90%, to better price fire, property and group health risk

In a first, Swiss schools reach out to India to attract students

Boarding schools in Switzerland accept students till the 12th grade

Irda asks insurers to disclose guarantee scheme details

Feature can be offered only after filing with regulator

Need to look into finer details, say companies about Insurance Bill

Insurers welcome bill, but seek clarity on FDI route and Indian management control

Swiss schools reach out to India to attract students

Boarding schools in Switzerland accept students till the 12th grade

Insurance JV shareholders to have say on equity infusion

Rajya Sabha select committee proposes composite cap, call on infusion of fresh equity or sale of existing stake to be taken by respective companies

Insurance Bill: Win-win for customers

Revised Section 45 says no claim can be repudiated after three years of policy being in force, even if a fraud is detected

CSCs offer non-life insurance products in rural areas to boost reach

Routing standard general insurance products in rural areas through CSCs is easier and cheaper than setting up branch operations

Rajinikanth's Lingaa gets mega-insurance cover of over Rs 200 cr

Industry estimates suggest the size of the cover could be well above Rs 200 crore

Insurance for ATMs, ATM cash carriage gains traction

Besides policies taken by service providers that carry cash to ATMs, white label ATMs are also insured

Jan Dhan Yojana crosses 75 mn accounts, completes target

Officials say debit cards, accident insurance cover will be rolled out to all account holders in a few weeks

Insurers shift to non-guaranteed products

Change in customer preference and increased risk appetite are reasons for shift

Ulips to see another revamp soon

Senior citizens may not be offered product actively due to high mortality charges

CFA Institute bets big on BPO/KPO firms

Their offering Claritas Investment Certificate has been adopted by Cognizant

Insurance Bill could spur sector re-rating: Espírito Santo Securities Research

Says passage of Bill will see bancassurance players gain market share