Page 166 - Insurance News
Motor insurance to see new disclosure norms in FY14
New stress on details of driver, vehicle usage
Firms optimistic about a future 'insured' by regulatory changes
Finalisation of the much-awaited product guidelines for life insurers is also expected to drastically change the outlook of the sector
LIC launches two products
Launches Ulip after almost 2 years
Bancassurance proposal hits Reserve Bank roadblock
Insurers believe the proposal may be delayed due to the differences in the industry regarding the proposals
PNB buys 30% stake in Metlife, company to be re-branded
The private sector life insurer will be re-branded as PNB Metlife India
ICICI Prudential Life launches pension product
The product is designed to protect customer¿s capital while capturing potential returns offered by equity as an asset class
Future Generali Life Insurance CEO quits
Gorakh Nath Agarwal, chief actuary and chief risk officer, would now be appointed chief executive
Irda brings in paint of vehicle under depreciable part
The change shall be applicable to all motor package policies whose risk inception date falls on or after Feb 1, 2013
LIC raises Infosys stake to 7.2%
The state-run insurer purchased shares worth over Rs3,000 crore to raise its holding in the IT major for the third straight quarter
PSU general insurers mull expansion abroad
Oriental Insurance to hold stake in proposed reinsurance firm in Nepal
New norms will expedite nod for insurance products
The Irda board approved the product guidelines. These are expected to be published in the gazette in a week
MNC insurers pitch for hike in FDI cap to 49%
Increase in limit will improve insurance penetration in India
Irda prescribes standardised practices in health cover
Special nomenclature for critical illnesses proposed for hospitals and insurers to follow