Page 90 - Insurance News
Max Bupa launches new edition of Heartbeat product
The plan has new features like international cashless treatment for nine major critical illnesses, worldwide emergency medical evacuation
HDFC, Birla Sun, Reliance Life top Irda's unfair biz chart
These complaints relate to alleged 'selling of (life insurance) policies by making false lucrative offers'
 "HDFC, Birla Sun, Reliance Life top Irda's unfair biz chart")
Indian insurers likely to collect Rs 427-cr online premium in FY15: R K Nair
Says there is a huge opportunity for insurers as many people are still excluded from insurance bracket
 "Indian insurers likely to collect Rs 427-cr online premium in FY15: R K Nair")
Child covers to make a bigger comeback
Children's plans are offered both as traditional and unit-linked
 "Child covers to make a bigger comeback")
Higher FDI limit: Insurers might attract inflows up to $3.5 bn
The Cabinet on Thursday approved the hike in FDI cap from 26 per cent to 49 per cent through the FIPB route
 "Higher FDI limit: Insurers might attract inflows up to $3.5 bn")
Salman-starrer Kick insured for Rs 300 cr
The production package policy covers all film and set-related incidents
 "Salman-starrer Kick insured for Rs 300 cr")
DND forces insurers to go online for sales lead
Direct sales personnel used to bring 50-60 per cent of direct sales
 "DND forces insurers to go online for sales lead")
Malaysia Airlines tragedy to impact aviation insurance
Premium rates in war-risk category likely to go up, say experts
 "Malaysia Airlines tragedy to impact aviation insurance")
Raising FDI cap in insurance will spur growth: Irda
Says more players will come and existing players will be strengthened
 "Raising FDI cap in insurance will spur growth: Irda")
 "Banks will discover the importance of SMEs: H R Khan")
Insurers may see hike in stakes post budgetary proposal
Rs 3,000 crore fresh capital investment is likely to happen in sector over next two-three years, so far Rs 1,800 crore has already come in
ICICI to list insurance units when valuations optimum: Kochhar
In ICICI Bank's latest annual report, Kochhar had said that the bank's subsidiaries achieved healthy performance in fiscal 2014
 "ICICI to list insurance units when valuations optimum: Kochhar")
IndiaFirst Life Insurance ties up with KVGB
IndiaFirst is present in Karnataka through 189 touch points with a network of 233 individual agents
 "IndiaFirst Life Insurance ties up with KVGB")
Insurance Bill may be taken up in current session: FinMin
The move would help insurance firms to get the much needed capital from overseas partners
 "Insurance Bill may be taken up in current session: FinMin")
LIC hikes stake in Infosys, buys shares worth Rs 1,100 cr
Share purchase comes after LIC had earlier lowered stake in country's second largest software services firm
 "LIC hikes stake in Infosys, buys shares worth Rs 1,100 cr")
Budget fails to bring cheer to micro-insurers
Will require financial incentives for intermediaries, say life insurers
Insurance: FDI cap increase to allow investment by FIIs, NRIs
Sector will be able to raise Rs 8,000 cr if Insurance Bill passed
 "Insurance: FDI cap increase to allow investment by FIIs, NRIs")
Insurance composite FDI cap raised to 49%: FM
DIPP had said that FIIs and NRIs can now invest in insurance sector, within overall 26% cap on FDI
 "Insurance composite FDI cap raised to 49%: FM")
Demand from NRIs for cover in India set to rise: General insurers
Estimates suggest that there is 20-25% rise in the business from the NRI segment, even though it contributes a small percentage to the overall business
Irda tightens norms on group insurance, immediate annuities
Discounts, loadings more than 30% of premium in group have to be refiled