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Lower inflation, FCNR(B) outflows likely to influence central bank decision
This has dropped to 23,150 this financial year (April 1-September 26 period), according to data from the Jan Suraksha website
Interview with Tapan Singhel, MD & CEO, Bajaj Allianz General Insurance
However, there has been a decline in management diversity, says Credit Suisse report
This is being offered to look into the driving habits and incentivise customers
This form of device-based insurance uses GPS to measure how much a car runs and the speed that it is run at
Life insurers are now focused on need-based selling across all products
This will include embedded value, details on policies, value of new business and their maturity apart from financial information
Banks and insurance companies are climbing up the brand tables by swinging the spotlight on to customer experience and digital marketing
The private life insurer, has taken part in some of the recent RFPs floated by banks such as IOB towards this end
To raise the bar on international collaborations to boost research quality
IRDAI has said that a life insurer cannot offer indemnity-based products in either individual or group segment
Plans to engage customers through games and storage services
They are still waiting for the pricing of the product to improve, so that it can be sustainable on a long-term basis
The fixed component can be as low as 40% of a professional CEO's salary, rest is largely employee stock options
Insurers are sending their views through their councils, asking that this be made optional
Total event insurance worth Rs 500 crore covers public liability, terrorism, fire, money and personal accident
LIC handed over a dividend of Rs 2,501.76 crore to the government for 2015-16
Insurers say mere collection and remittance of premium itself costs more money than allowed by the regulator