Page 98 - Insurance News

Ulips: Down but not out

Long-term linked products with single premium, sale through bank channel might aid revival

Insurers not yet ready for Solvency-II

Solvency-II is a European Union legislative programme to be implemented in all 28 EU member states

'Financial liability insurance to pick up on higher compliance'

Odisha to introduce health insurance scheme for journalists

Patnaik approved proposal which has provision of insurance cover worth Rs 1 lakh per annum

T S Vijayan: One year in the hot seat

Multiple-investment tolls get tepid response

Irda allows enabling guidelines for insurers to invest in new categories, including IDFs, ETFs and AIFs

Tata AIA Life launches Maha Raksha Supreme

It is a term plan that offers enhanced protection for one's family and ensures their future

Aviation insurance gains newer dimensions

Traditional fleet insurance policies cover damages caused by accidents and natural catastrophes

Economic slowdown lead to de-growth: Aviva

Aviva Life Insurance anticipates de-growth in premium income collection for the current financial year

Committee on 'banks as broker' model to give report by March

CignaTTK Health Insurance launches operations

To have 5-10 differentiated products by December end, becomes 53rd insurance company in country

Reliance Life new business income grows 56%

The total income, comprising new business and renewal premium collections, grew by 10% to Rs 2,976 cr

Insurers, MFs await regulatory go-ahead for bond trading

An IRF is a contract between a buyer and a seller for future delivery of an interest-bearing security such as government bonds

'Ulips to catch investor interest once economy picks steam'

The assets under management in Ulips till Sept 2013 stood at Rs 303,667 crore

Why home insurance finds no takers

Estimates suggest the total share of home insurance in the general insurance industry is less than 1%

Aviation covers to gain newer dimensions in gen insurance

There is rise in demand for cover for ground handling and aircraft components

Insurers seek minimum 50% spike in third-party motor premium

On an average a 50% hike is required taking into account rising claims and costs, says Bharti Axa General Insurance chief

Irda asks insurers to remit claims only electronically

Irda chief sees shortage of actuaries receding in 3-4 yrs

Currently, while there are demands for around 1,000 actuaries in the domestic industry, only 280 fully-trained professionals are available

Third party vehicle premium to be market-driven: IRDA

De-tariffing the third party premium is necessary so that good customers get the benefits of lower premiums