Page 14 - Insurance Companies

Budget 2020: Insurers, mutual funds fear impact from tax code nudge

Investors will have to forego tax benefits on several products if they switch to new regime

Irdai's Committee on micro insurance suggests ways to boost segment

Micro insurance is specifically intended for protection of low income people, with affordable products to help them cope with and recover from financial loss

PSU insurance firms seek Rs 12,000-cr infusion as merger put on fast track

The financial condition of the three companies has, meanwhile, deteriorated and warrants capitalisation, if the merged entity is to be listed

Insurance covers that protect cos from cyber attacks, data thefts & frauds

Post the ransomware attacks of 2017, the demand for cyber insurance from the manufacturing sector has been on the rise," said Sanjay Kedia, CEO Marsh India Insurance Brokers

With lower sum assured, Ulips emerge as attractive option with high returns

Recently, the Insurance Regulatory and Development Authority of India (IRDAI) allowed those under the age of 45 years to also buy Ulips with a lower sum assured

Irdai okays debt ETFs of CPSEs as eligible class of investment for insurers

Irdai said such debt ETFs should be issued by mutual funds registered by Sebi and governed by its regulations.

Irdai may allow merged state-run banks to hold over 10% in insurance firms

Some of the 10 public sector banks that are merging into four are promoters of insurance entities as well

GIC Re, New India Assurance soar 20% in range-bound market

The general insurance industry in September grew by almost 40 per cent to Rs 19,047 crore.

Govt may set up GoM to expedite merger of three insurance companies

Frail financial health of firms, difference of opinion among depts creating a roadblock

Insurance firms' advertisements fail to set out a clear choice for consumer

Across the ads, the narrative follows a familiar pattern and the actors wear similar expressions

Irdai in talks with insurance firms hit by govt's mega PSB merger drive

The mergers have created a problem as many of these banks are promoters of insurance companies

EY sets 18-month timeline for merger of three insurance companies

It will also conduct a valuation exercise of the assets of the firms

Employees see gain if 4 state-owned insurance companies are merged

Market share of public sector general insurance companies falls below private peers

Three out of 5 biggest insurance players in equities are from public sector

But private players too are gaining in terms of the equity assets they manage

IRDAI asks insurers to provide for IL&FS exposure, wants mis-selling curbed

Regulator to approach GST council on reducing tax on property insurance, is upbeat about cyber security business

Govt forms 7-member panel under BBB to select MD for PSU insurance firms

The panel would be headed by Banks Board Bureau (BBB) chairman B P Sharma

Private insurance companies offer better gains than state-led ones

ICICI Prudential Life Insurance Company was one of the first core insurance companies to be listed, back in September 2016, and has risen 17% to 394.5 on the BSE from its listing price of Rs 3

Insurers ask govt to rework math for National Health Protection Scheme

Thirty non-life insurance companies have argued that their viability will be under question unless states agree to a far higher premium than the proposed Rs 1,000 per family

We don't believe IPOs were overpriced: Anuradha Thakur

Dipam will take into consideration what happened with New India and GIC Re when it comes to pricing future IPOs from insurance sector

Indian insurance firms lagging behind in digital investment: Report

Country lags in both level of digitisation, ability to realise financial returns compared to world