Page 83 - Insurance News

Fate of Insurance Bill remains uncertain

Last day of Parliament's Winter Session unlikely to see passage of Bill; ordinance route still not ruled out

Chhattisgarh CHOICE centre authorised for insurance services

All kinds of insurance and pension services would be provided through the centres

Public sector general insurance firms under CCI scanner

Azim Premji Trust picks up near 1% stake in HDFC Life for Rs 199 cr

With this the value of the company goes almost to Rs 19,890 cr

Insurance cover for organ transplants to ease donor costs

Health insurance experts are of the view that it is advisable to buy a policy that will cover the medical expenses of both the donor and the donee

Third-party insurance to be offered to e-rickshaws

Insurance for e-rickshaws to be offered as per RTO norms

E-rickshaws are likely to come und er the auto-rickshaw category, where there was a 10% hike in TP premiums for this fiscal

India might sway US firms with N-power insurance

Life insurers seek separate tax deduction limit of Rs 1.5 lakh

It will encourage long-term savings and help incremental flows come into life insurance sector, says LIC

Organ donation now part of larger health policies

With organ transplants gaining popularity, insurers are now offering to cover expenses

E-cashless mode will gain traction in 2015: ICICI Lombard

Treatment costs were higher due to use of tertiary hospitals that increased from 43% to 49% in case of retail customers

'Rs 60k-cr investments needed for more insurance penetration'

IRDA's Vijayan said the investment calculations have been based on factors like GDP growth, inflation figures, rupee stability and production numbers in next five years

Insurance Bill: The finer aspects

Companies can approach SAT against any Irda order, penalties among other things

UP amongst top in e-sale of life insurance policies

UP is acknowledged as a developing market, especially for financial products

Shriram Life looks to tap unexplored markets

The company, which recently launched an assured income plan, is planning to launch a group gratuity product and a bundled product in the current financial year

Premium growth slows to 9% in Oct, Nov as auto sales fall

Insurers are hopeful that things will improve during the remaining part of the fiscal

Fire insurance rates to zoom up for corporates

Rates set to increase 200 per cent & upwards, to be implemented from February 1, 2015

Insurance Bill to be tabled in Rajya Sabha on Monday

The Bill aims to increase foreign direct investment in the sector from 26% to 49%

Following Irda directive, corporates could see up to 300% rise in fire insurance rates

The insurance regualator has asked insurers, who often offer discounts of up to 90%, to better price fire, property and group health risk

Irda asks insurers to disclose guarantee scheme details

Feature can be offered only after filing with regulator