Page 59 - M Saraswathy

Mandatory 30% ceding of life insurers' business to GIC by 2014

The regulator will be bringing out final notifications bringing out the percentage of sum assured to be reinsured with GIC Re

Going abroad becomes less strenous for insurers

Irda will enable companies in operation for minimum 3 years to set up international branches

Irda relaxes eligibility requirements for agents

Reduces pass percentage bench mark to 35% in Agents Pre-recruitment Examination

Smokers perceive smoking to be trendy

Among ICICI Lombard-GfK Mode survey respondents, only 4 in 10 smokers have health insurance

Educomp slips into red in Q4; posts net loss of Rs 148 crore

The net sales (total income) of the company saw a 34.5% drop and stood at Rs 336.41 crore

By 2025, 10% of Indian workforce would be flexi staff

IT industry to witness high level of flexi hiring, says Indian Staffing Federation

Zee Learn posts Q4 net loss of Rs 7.3 crore

CEO says that focus is completely on profitability

Traditional engineering courses rule the roost in an evolving world

Despite introduction of several new branches of engineering, demand for regular programmes soars

Tree House Q4 net profit up 45%

The company posted a total income of Rs 31.07 crore for the quarter ended March 31

Insurers should maintain records of all transactions: Irda

These norms are in conformance to the Prevention of Money Laundering (Amendment) Act 2012

Restrict EPF contribution to basic pay: Ficci

Proposal to re-notify definition of 'basic wages' under EPF & MP Act 1952 fraught with huge financial implications for industry, government

Bangkok to attract maximum international tourists in 2013

This is the first time an Asian city is in the top rank since the Index was first launched in 2010

Finance and IT sectors face talent shortage: survey

Japan faces the gravest situation in finding right talent at 85% while 61% of employers in India struggle to fill jobs

P K Bhagat to become MD of insurers' common TPA

Bhagat will take over the new post on June 3 for the company, based out of New Delhi

Insurers take social media route to promote business

Insurers are also exploring methods of helping customers renew their policies using social networking accounts

HDFC Life launches Swabhimaan Careers for deceased policyholders' family

Under this initiative, HDFC Life will reach out to policyholder's dependants post settlement of claim and consider them for an employment opportunity

Royal Sundaram posts FY13 net profit of Rs 55 cr

The insurer also infused additional capital of Rs 40 crore

Singh to seek nuclear deal, investments during Japan visit

Says visit will add new meaning to 'Look East' policy

Phaneesh case brings focus on India Inc's liability policy

The policy premium ranges between Rs 4 lakh and Rs 10 lakh, based on the sum assured of Rs 6 cr and above

For India Inc, office relationships are no longer just a private affair

Companies put in strict disclosure, job switch clauses in HR policies