Page 118 - Insurance News

Life insurers' new premiums fall 6.3% in FY13

The life insurers collected premiums of Rs 1,07,011 cr in FY13

4 general insurers and a reinsurer plan to launch TPA in September

The total project outlay is estimated at Rs 200 cr

Indian firms in doublespeak on insurance FDI: WikiLeaks

US diplomatic cables say Indian partners' private lobbying on issue at variance with public stand

Pension products not on a par with NPS, say insurers

Pension products would have to guarantee an assured benefit in the form of a non-zero rate of return, which would need to be disclosed upfront: Irda

Irda chairman to meet life insurers on May 2

Traditional product guideline implementation to be main agenda

Hunt for LIC chief on

Sarkar seen as the front-runner

Dena Bank launches health insurance scheme for farmers

Farmer customers with Kisan Credit Cards, their spouses plus two children will be eligible for free cashless health insurance cover

FM wants greater penetration in the non-life insurance sector

'India remains amongst the most underinsured countries in the world, as non-life insurance sector has a penetration of only 0.7% in the country

BSE Brokers' Forum, Bajaj Allianz Life sign agreement

Life insurer signs MoU for product distribution

Revival some time away for life insurers

The segment will continue to see contraction, at least for the first six months of this fiscal

'Size of insurance firm vital to fix exposure cap'

T S Vijayan added the proposed financial code would eliminate the grey areas that existed in the Indian financial sector

Insurance firms get serious on fake agents

FinMin panel to free investment norms for insurance and pension funds

Investments across assets to be guided by international norm of prudent investor rule

Premiums in marine hull segment to see slow growth

Policy covers fire, explosion, piracy, theft, earthquake, sinking and catastrophe such as earthquake and volcanic eruption

Irda asks insurers to review health insurances with TPAs

This is in order to ensure compliance with the new regulations on health insurance.

General insurers' premium up by 19.3% in April-Feb period

Private general insurers lead the pack with 22.7% premium growth

Low returns might keep insurers away

Removal of 10% cap gives flexibility, but returns are not high

Manulife, HDFC Life in the fray for HSBC India insurance arm

Winner to get access to about 5,500 bank branches

Irda warns public against fake insurance entities

Irda advised citizens to check the entity's veracity and the insurance arrangement promised

Online sale of products is the way to go, say insurers

Newer channels offer fresh opportunities to increase revenue by boosting sales