Page 120 - Insurance News

'Growth has fallen, but there has been a qualitative improvement'

Tight-rope walk

The new Irda chairman's biggest challenge will be to give equal priority to the growth of the industry and customer welfare

Catastrophe pool: Far-fetched dream?

Both General Insurance Council and Irda have made efforts to set up this pool, a formal notification giving guidance for its implementation has not yet been issued

Film producers get no 'Dutt' insurance

Maker of Khalnayak, Subhash Ghai, became one of the first producers to insure his movies, starting with Taal

Bank-led insurers are better placed: Barclays

Report says the series of regulatory changes in FY10-FY11 significantly impacted life insurance profitability

Insurers roll out schemes to check agent attrition

Career development opportunities, training programmes, loyalty benefits among measures to retain talent

Reliance Life launches new health plan

Key feature of the policy is that it allows an insured to pay a fixed premium for a three-year policy

Disasters caused Rs 1,000-cr loss to India in Jan: Report

Insurance and reinsurance companies have to make huge payouts from their reserves as the country does not have a catastrophe pool

General Insurers' premium up 19.3% in April to Jan period

Non-life insurance companies collected total premium of Rs 56,110.45 crore for the period

LIC sees sharper growth decline in new business premium than industry

While LIC saw a dip of 6.3%, the life insurance industry as a whole saw a 6.1% fall y-o-y

Max Bupa goes the family way

Designs products to encourage people to opt for family-floater cover

Insurers raise exposure to gilts on rate cut hopes

Move aimed at meeting investment limits before the end of FY13

National Insurance likely to be listed by March 2015

Irda sets up committee to review insurance broking

The comes after violation of regulations by some brokers came to light

Irda asks National Insurance to adhere to claims servicing rules

Irda has cautioned the company with regard to delay/non compliance of Ombudsman's award

'GIC says no loss due to buying cover from Berkshire'

Mandatory catastrophe cover still requires much work

In India there is an absence of a 'natural catastrophe cover' to cater to the needs of people

Customers in smaller cities to have better access to insurance, courtesy Budget proposals

Distribution reforms the key, say insurance CEOs and regulator

Welcome opening of bancassurance but doubts linger over implementation

LIC emerges largest shareholder in Karnataka Bank