Page 30 - M Saraswathy

Budget's swadeshi diktat puts insurers in a cleft

Many insurance companies that have foreigners in top team may see management rejig

Salman-starrer Kick insured for Rs 300 cr

The production package policy covers all film and set-related incidents

DND forces insurers to go online for sales lead

Direct sales personnel used to bring 50-60 per cent of direct sales

Malaysia Airlines tragedy to impact aviation insurance

Premium rates in war-risk category likely to go up, say experts

Infra bonds by banks: Investors' appetite seen limited

Icra estimates bonds issuances worth Rs 3.5 lakh crore in FY15

'Embibe' performance improvement

Embibe, an online test preparation platform has complemented the efforts of coaching institutes and students; now, it has to diversify and grow its business

NPS needs tax sops, better reach, say fund managers

'Making this scheme available in all bank branches is key'

Budget fails to bring cheer to micro-insurers

Will require financial incentives for intermediaries, say life insurers

Insurance composite FDI cap raised to 49%: FM

DIPP had said that FIIs and NRIs can now invest in insurance sector, within overall 26% cap on FDI

Demand from NRIs for cover in India set to rise: General insurers

Estimates suggest that there is 20-25% rise in the business from the NRI segment, even though it contributes a small percentage to the overall business

We will offer 8% interest per annum, if claims are not settled within 8 days: Vighnesh Shahane

Interview with CEO and wholetime director, IDBI Federal Life Insurance

Limited liability might lead to third-party motor premium

Non-life insurers have sent a proposal to the ministry to consider a model of TP covers with fixed limits

Life insurers use specialised tools to manage persistency

Use analytics and persistency management systems to boost renewals

Fund managers write to PFRDA seeking viable margins for business

In January, PFRDA had said all existing private NPS fund managers and new players would have to take part in a re-application process

Budget must push skill development: Industry

In the 2013 Budget, Rs 1,000 crore was set aside for students passing skill tests conducted by recognised institutes

Life sciences industry in search of niche talent

Kelly Services has a dedicated Kelly Scientific Resources team which works towards providing work-force solutions across verticals

Industrial accident claims soar

However, premiums continue to be soft

Insurer-CSC tie-ups might be delayed

Officials say CSCs have not yet begun to sell policies since companies are still in talks on how to use this network

Reform contract labour law first, say experts

Legal reforms proposed in Rajasthan would hamper worker interest

Low renewals, disposable incomes impact insurance penetration

Global reinsurer Swiss Re's sigma study on world insurance in 2013 said India stood 15 with respect to premium volume