Page 78 - Insurance News

Insurance Bill gives chance to promoters to unlock value through FDI hike

PSBs to raise money by divesting capital; talks begin for fair valuation

Shriram Life considering fresh FDI to fund business expansion

Sanlam, the South African financial services group, is keen to increase stake in Indian JV

Star Health Insurance plans to raise around Rs 400 crore

Development comes a day after Rayja Sabha passesd the insurance bill

Insurers set the ball rolling on foreign stake hike

Bharti will move FIPB soon for increasing Axa's stake to 49%, Reliance Cap to begin talks with Nippon

Temasek, Carmignac said to be in talks for ICICI insurance stake

The lender plans to complete the pact to sell about 5% of ICICI Prudential Life Insurance by March-end

Life Insurance Corporation launches Jeevan Lakshya

The plan offers a combination of protection and savings

IRDAI proposes 14-108% rise in motor third party premiums

Private cars may see 29-108 per cent hike in TP premiums, two-wheelers could see 14-32% hike

Tata AIA life Insurance launches 'Smart Growth Plus'

Smart Growth Plus offers a guaranteed addition of 5.5% of sum assured per annum during the first five years of the policy term

ICICI Prudential Life launches ICICI Pru Smart Life

The product offers a dual protection feature through Smart Benefit

Double whammy for insurance policyholders

Service tax introduced on insurance premiums last year will be hiked to 14%; GST implementation will lead to steeper hikes in premium

IRDAI considering multiple insurer tie-ups for banks

Industry sources said that this is to ensure that banks are not dissuaded from opening up their branch network to other insurers

IRDAI approves Trevor Bull as MD & CEO of Aviva India

Bull has over 35 years of experience in insurance industry across Asia and Europe

IBA, insurers to meet soon on new insurance, pension schemes

The Budget had announced three schemes related to insurance and pension

Spouse, father decide on health insurance for most women: ICICI Lombard survey

Only 39% women hold a health insurance policy, 48% say they don't have one, while 12% are not sure

Insurance marketing firms to enable cross-selling products to BFSI customers

Companies say that existing insurance agents may also look at it as alternate career

LIC south central zone hopes to achieve business target

This year's business target for the region is of Rs 4,850 crore

Govt for Rs 15-lakh cap on accident victim's insurance claim

At present, the compensation liability of insurance companies is subjectively decided on a per case basis by Motor Accident Claim Tribunals

Companies struggle to get deposit insurance

Currently only banks are offered this cover by DIGCC; insurers find it a risky proposition

Companies struggle to get deposit insurance

Currently only banks are offered this cover by DIGCC; insurers find it a risky proposition

Green light to insurance marketing tie-ups

Insurance marketing companies can tie up with two life, two general and two health insurance companies