| Life insurance standard proposal form – A primer |
| 09:31 May 19,2013 |
| It will be mandatory for all life insurance companies, agents, insurance brokers and bancassurance to fill in the standard proposal form from October 15 |
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| Committee on insurance broking regulation recommends sweeping changes |
| 11:31 May 11,2013 |
| Banks to be allowed to become insurance broker, recommends the committee. |
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| IRDA issues a guidance note on preparation of investment returns |
| 09:08 May 09,2013 |
| Industry experts have opined that the regulator might be trying to streamline the reporting system. |
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| IRDA, Fin Ministry seek clarification from insurers and banks |
| 11:02 May 07,2013 |
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IRDA said that it has seen various reports appearing in the media on the alleged violations of the KYC and AML guidelines by some insurance companies. |
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| Non-life insurers register 19 percent growth in financial year 2012-13 |
| 06:58 May 03,2013 |
| Experts said the growth is driven by increase in health insurance penetration across B-15 cities. |
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| Life insurance premium collections decline by 6.3 percent |
| 09:41 May 02,2013 |
| Experts attributed the decline to slow economic growth and high inflation rate. However, they are optimistic of recovery within 6 months. |
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| IRDA allows kirana Shop, PCO owners to sell micro-insurance products |
| 09:43 Apr 09,2013 |
| With IRDA allowing kirana shops, PCO owners to sell the micro insurance products, some finance planners say that chances of mis-selling could increase. With IRDA allowing kirana shops, PCO owners to sell the micro insurance products, some distributors say that chances of mis-selling could increase. |
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| IRDA asks insurance companies to renew lapsed licenses of agents |
| 09:46 Apr 07,2013 |
| Insurance market regulator has asked the insurers to carry out campaigns to ensure that maximum licenses are renewed. However, IFAs feel that this will not encourage the drop-out agents. |
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| IRDA lifts investment cap of 10 percent on repo, reverse repo transaction in government securities |
| 11:51 Apr 04,2013 |
| After examining the demands of insurers, the insurance market regulator has allowed the insurance companies to invest at their own discretion. IRDA has said that the repo/ reverse repo transaction will now be treated at par with Collateralized Borrowing and Lending Obligation (CBLO) |
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| Rural insurance has greater potential in India: KG Krishnamoorthy Rao |
| 09:36 Apr 02,2013 |
| Future Generali’s general insurance sector has registered a robust growth of 20 percent in the financial year 2012-13.The private insurer has done business of Rs 1,126 crore in the non-life segment this year by selling over 8 lakh policies across the nation, said KG Krishnamoorthy Rao, MD & CEO of Future Generali General Insurance. |
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| IRDA asks life insurance cos. to declare NAVs on Sunday |
| 11:38 Mar 30,2013 |
| Life insurance CEOs say that the NAV data of 31st March i.e. last day of financial year is essential for valuation. |
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| Role of insurance ombudsman |
| 10:12 Mar 28,2013 |
| An insurance ombudsman deals with the disputes related to claim settlement, mis-selling, premium payment, legal construction of policy wordings etc. |
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| IRDA seeks data from insurance companies in an alleged money laundering row |
| 05:32 Mar 26,2013 |
| Insurance regulator asks private life insurers to clarify their stance. |
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| Non-life insurers register a robust growth of 19 percent in premium collections |
| 09:14 Mar 24,2013 |
| SBI General Insurance registers the highest growth of 218 percent in premium collection among all its peers. |
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| RBI might scan sale of insurance policies by banks |
| 06:00 Mar 18,2013 |
| The banking regulator might be discussing this issue in the forthcoming meeting. |
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| IRDA forms a committee to review insurance broker’s regulation |
| 07:38 Mar 17,2013 |
| The committee will look into different problems existing in the distribution space. |
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| IRDA and General Insurance Council to launch consumer awareness campaign |
| 05:14 Mar 14,2013 |
| The campaign aims to promote general insurance products among consumers. |
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| IRDA has asked insurers to issue monthly ULIP reduction in yield |
| 09:20 Mar 11,2013 |
| Insurers also need to issue a certificate with all the details of various charges levied on the customer. |
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| Life insurance premiums dip by 6 percent in Apr-Jan |
| 10:46 Mar 03,2013 |
| Insurers blame it on falling number of agents and slow product approval. |
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| Insurance: Budget removes hurdles, widens reach |
| 01:11 Feb 28,2013 |
| Budget proposes many things to enhance insurance reach |
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| Liberty Videocon General Insurance tagets premium collection of Rs 120 crore by December |
| 09:54 Feb 26,2013 |
| It plans to empanel 1,000 distributors by the end of the year. |
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| IRDA issues final guidelines on health insurance |
| 07:52 Feb 25,2013 |
| The regulator has standardized 46 terms and excluded 199 items from hospitalization policies. |
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| IRDA committee submits report on sub broking |
| 11:53 Feb 24,2013 |
| Sub broking expected to help insurers penetrate rural and semi-urban markets. |
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| TS Vijayan appointed as the new Insurance Regulator |
| 10:01 Feb 22,2013 |
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Vijayan was earlier the Chairman and MD of LIC. |
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| Hari Narayan retires as IRDA chairman |
| 08:31 Feb 20,2013 |
| He feels that he has been able to make the insurance industry customer friendly. |
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| IRDA allows life insurance agents to sell health cover |
| 10:50 Feb 20,2013 |
| Life insurance agents welcome IRDA’s decision |
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| Insurance companies to issue standard proposal forms |
| 06:47 Feb 19,2013 |
| IRDA chief J Hari Narayan hopeful that parliament would soon pass the bill to hike FDI in insurance to 49%. |
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| IRDA sets up a framework for preventing frauds in the insurance sector |
| 11:56 Jan 24,2013 |
| Insurers have to carry out proper due diligence before appointing staff, agents and intermediary. |
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| SEBI working on single KYC for financial markets; distributor and product labeling regulations soon |
| 07:59 Jan 16,2013 |
| SEBI is going to hold discussions with other regulators and the Ministry of Finance to extend the KYC done through KYC Registration Agency (KRA) for the entire financial market. |
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| IRDA proposes standardization of important aspects of health insurance |
| 06:54 Jan 15,2013 |
| The regulator proposes uniform definition of some key terms in health insurance. |
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| Insurance products to have death benefit and surrender value |
| 10:28 Jan 10,2013 |
| IRDA revises norms for traditional policies. |
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| Traditional life insurance products to get a new look soon |
| 10:28 Dec 27,2012 |
| IRDA is looking to restructure the design of traditional life insurance products. |
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| 10 percent drop in individual life insurance agents |
| 09:19 Dec 25,2012 |
| Private life insurers witnessed a drop of 17 per cent and LIC of 4 per cent. |
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| IRDA to ensure jargon free policies; forms committee to examine sub- broking |
| 12:16 Dec 21,2012 |
| The regulator has taken the initiative to help the general public understand the products easily |
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| ‘The distributor needs to be compensated adequately’, says Sriram Taranikanti, IRDA |
| 10:40 Dec 20,2012 |
| Leading experts from insurance, asset management and wealth management industry deliberated on the changing landscape of financial distribution in India at CII’s Financial Distribution Summit 2012 held in Mumbai. |
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| CIBIL to rate insurance companies soon |
| 06:04 Dec 13,2012 |
| It plans to approach IRDA to start credit rating in insurance sector. |
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| Private players start entering the pension market |
| 03:44 Nov 30,2012 |
| Currently only LIC offers pension products. |
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| Government allows LIC to invest up to 25 percent in listed companies |
| 09:32 Nov 23,2012 |
| Currently the giant insurer can invest only 10 percent in listed companies. |
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| IRDA planning to set up product specific committee |
| 04:10 Nov 20,2012 |
| These committees will help to speeden product approval process. |
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| IRDA allows 3 web aggregators to continue their business |
| 07:48 Oct 31,2012 |
| A number of web aggregators have moved out of the industry due to stringent regulations. |
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| IRDA asks banks to be either act as a broker or agent |
| 02:00 Oct 11,2012 |
| Bancassurance can involve a single relationship with an insurance company or with multiple insurers across states. |
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| FSLRC proposes single regulator for all financial services |
| 11:44 Oct 05,2012 |
| A unified regulator will cover mutual funds, insurance, pension and the commodities markets. |
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| FM announces measures to revive the insurance sector |
| 09:59 Oct 03,2012 |
| The finance minister simplifies and eases many regulations to boost the sector. |
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| IRDA Chairman discusses measures with the Finance Minister |
| 08:10 Sep 27,2012 |
| The regulator and the ministry are planning a slew of measures for the growth of the insurance industry. |
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| IRDA Chairman Hari Narayan to meet the Union Finance Minister to discuss reforms in the insurance industry |
| 07:32 Sep 25,2012 |
| IRDA Chairman keen to discuss the tax issues with the ministry. |
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| IRDA asks insurers to re-file pension products |
| 07:02 Sep 24,2012 |
| The products proposals filed with the regulator are more serving the purpose of mutual fund and not pension, says IRDA. |
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| IRDA aims to provide a comprehensive package of insurance cover to weaker sections |
| 10:57 Sep 24,2012 |
| The regulator has released an exposure draft suggesting different measures to be taken to reach the entire Below Poverty Line (BPL) population with low cost insurance. |
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| IRDA releases exposure draft on general insurance IPO guidelines |
| 08:18 Sep 20,2012 |
| Insurers can’t approach SEBI directly |
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| Insurers expect relaxation in investment norms |
| 11:10 Sep 13,2012 |
| This was one of the major items in the agenda in the recent meeting with the Finance Minister. |
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| Insurers pay Rs 2.7 crore in penalties between June and September |
| 10:53 Sep 12,2012 |
| IRDA wants the insurance industry to be more transparent. |
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| Life insurance premium up 16 percent in July |
| 11:06 Sep 07,2012 |
| LIC accounts for bulk of the growth; private players together register a decline |
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| IRDA chooses V Manickam, former CEO of LIC Pension Fund as the new secretary general of Life Insurance Council |
| 05:27 Sep 03,2012 |
| Ashok Shah, a former executive director of LIC was earlier selected by a committee of CEOs of life insurance companies. |
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| Reliance Life to launch pension products which will invest in diverse asset categories |
| 11:15 Aug 28,2012 |
| The product is awaiting IRDA approval. |
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| Life insurance commissions are rationalized in the second exposure draft, says experts |
| 04:35 Aug 24,2012 |
| Insurers unhappy with the introduction of minimum guaranteed surrender value. |
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| Reliance Life Insurance launches a fixed salary model for its existing as well as new distributors |
| 10:07 Aug 22,2012 |
| It feels that the model will help to lower attrition rate. |
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| IRDA mulling special facilities for senior insurance agents |
| 10:16 Aug 07,2012 |
| The regulator released an exposure draft on investment norms. |
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| IRDA prohibits insurance companies from booking the penalties to policy holder's account |
| 11:34 Aug 04,2012 |
| The regulator has recently levied hefty penalties on a few insurance companies for violation of regulatory norms. |
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| IRDA wants shopkeepers, medical store owners, petrol pump owners, public telephone operators to sell micro-insurance |
| 09:55 Jul 31,2012 |
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The new category of distributors will boost the micro-insurance segment, says industry experts |
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| MyInsuranceClub gets the license for web aggregator |
| 08:40 Jul 17,2012 |
| It is the first web-aggregator to get its license after IRDA made it mandatory for aggregators to follow new guideline announced last November. |
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| Insurers getting ready internally for re-filing of life insurance products |
| 08:22 Jul 08,2012 |
| The companies are looking at re-filing their best-selling products in the first round. |
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| Will we see a flow of IPOs from the insurance companies in next six months? |
| 06:21 Jul 05,2012 |
| Two general insurance and one top life insurance companies are preparing for IPO. |
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| Will the growth of life insurance premium continue during the current fiscal? |
| 06:02 Jun 29,2012 |
| Life insurance business recorded an increase of 1.4 percent in premium for first two months of the current fiscal |
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| Dematerialisation of insurance policies will start from November |
| 10:42 Jun 27,2012 |
| Depositories have almost finished their data collection |
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| Liberty Videocon General Insurance will soon launch business in India |
| 07:59 Jun 27,2012 |
| The company has received its final approval from IRDA. |
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| IRDA wants insurers to re-file existing products, firms worried about their business prospects |
| 10:50 Jun 23,2012 |
| The regulator has directed all insurers to be ready to re-file their existing products according to its new product design guidelines. All products filed under earlier norms will have to be withdrawn by 1st October. |
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| Insurers less than 5 years old will be unable to launch super agency model |
| 06:41 Jun 19,2012 |
| According to the draft norms suggested by IRDA, only agents with 5 years’ experience in the life insurance industry will be able to form a super agency. |
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| IRDA wants agents to adopt super agency model, but advisors toe a cautious line |
| 04:58 Jun 12,2012 |
| The regulator had earlier suggested that the super agency model might help curb exit of agents and improve insurance penetration. But can such a model really take off? Cafemutual finds out. |
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| Agents are the preferred distribution channel for insurers: IRDA study |
| 05:41 Jun 05,2012 |
| In 2010-11, agents generated Rs 65,665 crore as new business premium. |
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| Health insurance to take a new shape |
| 07:33 Jun 03,2012 |
| IRDA proposes sweeping changes in health insurance. |
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| ICICI Prudential Life to pay penalty for paying extra commission to distribution channel |
| 12:54 Jun 01,2012 |
| The Insurer has to pay Rs 118 lakh fine within 15 days. |
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| IRDA to allow the super agency model to help the industry retain agents |
| 07:12 May 21,2012 |
| The regulator wants to take steps to control the exodus of agents from the industry. |
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| ‘Everything product’ to cover all insurance needs mooted for rural India |
| 10:19 May 17,2012 |
| At a national conference on Financial Inclusion organised by Associated Chambers of Commerce and Industry of India (Assocham) in association with Ernst and Young, yesterday, the idea of an ‘everything product’ to take care of multi risks for rural public was floated. |
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| IRDA clamps down on products with highest NAV guarantee |
| 05:41 May 14,2012 |
| Also, in order to ensure adequate cover, the regulator has ordered that death benefits should be linked to premiums paid. |
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| 3 lakh life insurance agents quit in 3 months |
| 10:37 May 06,2012 |
| Life Insurance companies letting unproductive agents go |
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| IFAs welcome IRDA’s consumer education website |
| 11:11 May 04,2012 |
| Many advisors plan to use the regulator’s information portal to boost awareness among policyholders. |
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| Insurers gear up for rollout of demat in life policies |
| 05:25 May 03,2012 |
| A few players feel agents might lose touch with customers due to the online interface. Smaller insurers are worried about the additional costs involved in holding policies in an electronic form. |
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| IRDA’s proposal to cut commissions on limited premium policies a blow to distributors |
| 06:07 Apr 20,2012 |
| IRDA wants to reduce the cost of policy buyers. The move may complicate things further for insurance agents. |
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| Life insurance industry suffers 9.21% dip in first year premium in FY12 |
| 06:20 Apr 19,2012 |
| Changes in ULIP regulations impact LIC and private players; industry hopeful of recovery. |
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| FM wants to take insurance to semi-urban area through a new distribution channel |
| 10:51 Apr 05,2012 |
| In his address to the IRDA board of directors, the Finance Minister had plenty of advice for the regulator and industry to grow the business. |
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| Life insurance industry hopeful of a positive outcome from FM - IRDA Chief meeting |
| 09:55 Apr 03,2012 |
| Life insurance industry head honchos feel that the ministry must review the tax norms announced in the budget. |
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| IRDA grants extension of bonus to life insurance policy holders for two years |
| 09:30 Apr 01,2012 |
| The life insurers think that it will help the industry to report positive growth. |
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| General insurance reports 24% rise in business |
| 05:55 Mar 28,2012 |
| Public players report higher collection than private players for the month of February 2012. |
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| IRDA demands IT upgrades from insurers using bancassurance |
| 10:09 Mar 22,2012 |
| The authority has modified some guidelines of reporting the business generated through bancassurance channel. Insurers have to abide by them from March 31, 2012. |
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| ‘Orphan’ policyholders to be serviced by new agents |
| 09:29 Mar 14,2012 |
| IRDA has directed insurers to appoint new agents for servicing orphaned policies. |
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| Insurers eye CFPs to expand their distribution channel |
| 10:12 Mar 07,2012 |
| Life insurance players are facing a tough time in increasing their business. They are eager to ramp up their distribution network by empanelling CFPs. |
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| Smaller insurers report an increase in premium collections, while big players struggle |
| 04:37 Mar 02,2012 |
| Big insurers face difficulty in increasing individual premiums, say industry experts. |
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| New IRDA syllabus pattern is a deterrent |
| 02:39 Feb 27,2012 |
| Insurers feel it will take minimum five month to report a rise in recruitment figures. |
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| IRDA proposes changes in DTC, media reports |
| 05:19 Feb 21,2012 |
| At the 14th Global Conference of Actuaries J Hari Narayan, IRDA Chairman reportedly stated that IRDA feels that certain provisions in the Direct Tax Code (DTC) are not in the best interest of the industry. |
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| Online and mallassurance are the new distribution channel that are picking up |
| 07:48 Feb 16,2012 |
| Life insurance players report 20 percent increase in sale through these channels. |
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| IRDA to form a health forum |
| 02:20 Feb 16,2012 |
| The forum would facilitate evolution of regulation in the health insurance industry. |
|
| IRDA may soon put some restrictions on bundling or tying of products |
| 11:22 Feb 15,2012 |
| The regulator has issued a discussion paper on tying and bundling of products with insurance policies |
|
| IRDA imposes a ban on advance premium payments for life insurance |
| 05:18 Feb 08,2012 |
| Policyholders can make advance payments only 15 days prior in case of monthly payments and 30 days prior in non-monthly payments. |
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| General insurance premiums register an increase |
| 02:32 Feb 07,2012 |
| Industry official relates the increase to awareness about health insurance among customers. |
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| HIV/AIDS patients can also insure their lives |
| 12:00 Feb 04,2012 |
| Life and general insurers have to provide insurance to HIV/AIDS patients under health insurance policies. |
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| IRDA stresses on need-based selling |
| 11:36 Feb 03,2012 |
| As a step to curb mis-selling of insurance policies, IRDA proposes a ‘Prospect Product Mix’ tool for the industry. |
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| Uniform tariff for insurers availing uniform KYC service |
| 06:09 Jan 30,2012 |
| IRDA wants to kick-start the service with 23 life insurance companies. |
|
| Life Insurance companies report a dip in first year premium |
| 07:36 Jan 27,2012 |
| Industry experts claim that the dip is mainly due to the reform in regulations: most of the agents are exiting from the industry. |
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| Insurance web aggregators find new IRDA regulations harsh |
| 10:35 Jan 05,2012 |
| Web aggregators are exploring new business model that will be viable in the light of the new guidelines that come into effect from next month. |
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| Four Life Insurance companies eligible to tap the capital market |
| 12:00 Dec 03,2011 |
| IRDA has announced the detailed final guidelines for IPO for life insurance players |
|
| IRDA issues draft guidelines for bancassurance |
| 11:36 Nov 25,2011 |
| According to IRDA’s draft guidelines, banks will be able to tie-up with multiple insurance companies (life, non-life and health) across the country |
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| A Mobile App to compare ULIP products |
| 02:09 Nov 25,2011 |
| Buyers and agents can now compare ULIP products offered by different companies through their mobile phone with internet connectivity |
|
| New initiatives planned on the distribution and product fronts in life insurance |
| 12:47 Nov 17,2011 |
| Hari Narayan, IRDA Chairman spoke about various initiatives taken by the regulator to strengthen the distribution channel at the 14th CII Insurance Summit |
|
| Who will give the highest guaranteed returns? |
| 09:38 Nov 11,2011 |
| Tough competition could take place among insurers after IRDA relaxes minimum guaranteed returns for ULIPs |
|
| Life insurance companies see a dip in premium figures in September |
| 06:09 Nov 02,2011 |
| LIC saw a dip of 19.63% while private sector insurers reported a dip of 26% during the same period |
|
| Wealthforum submits its views on the concept paper to SEBI |
| 03:14 Nov 01,2011 |
| Here is the note given by the popular advisors forum to SEBI on the regulation of distributors |
|
| IndiaFirst launches Money Balance Plan |
| 01:23 Oct 27,2011 |
| Policyholders can insure their life as well as protect their money |
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| ULIP policyholders get additional time of two years for revival of policies |
| 01:49 Oct 19,2011 |
| Customers have to shell out more money, according to the new norm |
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| Life insurance companies on a recovery path |
| 09:39 Oct 17,2011 |
| The business figures have slowly started improving for this sector |
|
| Financial advisors to be regulated by a SRO, says SEBI |
| 01:16 Sep 27,2011 |
| A concept paper released by SEBI states that banks and financial advisors have to be registered under this Self Regulatory Organization |
|
| IRDA moderates persistency norms for insurance agents |
| 01:01 Sep 21,2011 |
| 50 per cent persistency ratio is compulsory for an agent in case of change of insurance agency from one life insurer to another |
|
| Health Insurance Portability will not have a major impact on general insurance business |
| 05:14 Sep 14,2011 |
| Most of the policy holders would not instantly utilize portability introduced by IRDA as it involves a tedious process and gives less benefit in return |
|
| Reliance Life ready to roll out new products packed with innovative riders |
| 10:21 Sep 11,2011 |
| The insurer’s main focus is on protection and not investment |
|
| Reliance Life plans to hire 1 lakh new advisors this year |
| 10:09 Sep 07,2011 |
| Malay Ghosh, Executive Director and President, Reliance Life Insurance Company Ltd talks about the changes in the life insurance sector and predicts that the industry will grow by 10-15% this year |
|
| Life insurance agents take an exit door |
| 04:33 Aug 18,2011 |
| The changes in regulatory norms and reduction in commissions lead to termination of insurance licenses |
|
| Regulators show harmony |
| 04:39 Aug 18,2011 |
| Regulators ask financial intermediaries to focus on the needs of investors by overcoming conflict of interest arising from mismatched incentives |
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| Health Insurance portability restricted to non-life players |
| 12:31 Jun 28,2011 |
| Consumers won’t be allowed to switch from non-life to life insurers |
|
| Portability schemes will restrict coverage only to the limit of pre-existing health insurance |
| 05:16 Jun 24,2011 |
| Consumers won’t be able to take the advantage of higher coverage if they change their insurers under portability |
|
| Insurers having 10 years of experience will be allowed for listing, says IRDA |
| 03:11 Jun 23,2011 |
| So far, among the 24 players, only ICICI Prudential life, HDFC Standard Life and SBI Life fulfill the criteria |
|
| Health insurance portability scheme needs consistency and standardization, believe insurers |
| 04:14 Jun 17,2011 |
| The insurers will meet IRDA officials for discussing changes in the portability scheme |
|
| RIL buys Bharti stake in life and general insurance JV with AXA |
| 09:08 Jun 13,2011 |
| Bharti exits financial services as RIL enters retail financial services |
|
| Insurers trying to make inroads into the retail market through consumer stores, reports BS |
| 09:45 Jun 10,2011 |
| Grocery and medical stores may soon be allowed to sell simple insurance products |
|
| MFs against tied agent model |
| 09:39 Jun 10,2011 |
| Tied agency model would restrict investor’s choice and can increase mis-selling |
|
| General insurers unhappy with certain IRDA merger norms |
| 01:25 Jun 09,2011 |
| IRDA announces merger and acquisition norms for general insurance players; insurance miffed with certain norms and demand more clarity |
|
| A spate of new product launches by life insurance companies |
| 09:33 Jun 02,2011 |
| In spite of a decline in investors’ interest towards multiple premium policies, insurers are launching new products |
|
| 20 percent jump in general insurance premium collections in April |
| 01:20 Jun 01,2011 |
| The non-life insurance segment proves to be a better performer than life insurance |
|
| Single premium products see a steep growth |
| 03:05 May 18,2011 |
| Private players observe a boost in single premium sales after the regulatory changes |
|
| Max India dilutes 4% stake to Axis Bank |
| 05:36 May 13,2011 |
| Max India has received a nod from IRDA to sell 4% of its equity shares |
|
| Banks might be allowed to sell five insurance products under bancassurance |
| 10:23 May 13,2011 |
| IRDA might prohibit banks from selling multi Insurance products |
|
| Insurance companies prefer individual agents for selling policies |
| 09:57 Apr 26,2011 |
| Insurance companies do not favor bancassurance model for selling their policies by scrapping the agency model |
|
| Regulatory changes impact premium collection of private sector life insurance players |
| 06:01 Apr 26,2011 |
| LIC showed a robust growth compared to private players |
|
| Edelweiss Tokio Life Insurance gets R2 license from IRDA |
| 06:30 Apr 18,2011 |
| The company plans to launch insurance products soon |
|
| Life insurance premiums to get cheaper |
| 06:27 Apr 15,2011 |
| Insurance premiums on term plans, endowment and ULIPs are likely to fall once IRDA approves the new mortality table |
|
| IPO guidelines for life insurers by month end: IRDA |
| 09:32 Apr 12,2011 |
| IRDA is likely to come out with IPO guidelines for life insurance companies by the end of this month |
|
| Agency model on the wane, says IRDA Chairman |
| 11:11 Apr 12,2011 |
| IRDA seriously looking at Bancassurance model to sell policies as it feel the agency model has major shortcomings |
|
| No variable insurance product to be sold over distance marketing mode, says IRDA |
| 06:34 Apr 06,2011 |
| IRDA today issued guidelines on distance marketing of insurance products that come into effect from 1st October, 2011 |
|
| Warren Buffett will be meeting the IRDA chief |
| 01:20 Mar 23,2011 |
| The billionaire will be meeting Mr Harinarayan on Friday but no specific agenda for the meeting has been disclosed |
|
| New business premium of private insurers declined by 11 % in February 2011 |
| 09:18 Mar 21,2011 |
| First year premium of public sector insurer LIC witnessed positive growth of 13 per cent compared to negative growth of 11 per cent by 22 private insurers |
|
| ‘It’s important to get long term investors rather than just putting the money across and buying assets’ |
| 09:36 Mar 18,2011 |
| Ashu Suyash, Managing Director & Country Head, Fidelity MF says that the FMPs may not sustain the growth rate once DTC kicks in |
|
| IRDA reviewing the recommendations for Agency Open Architecture |
| 09:25 Mar 15,2011 |
| IRDA has set up a committee to examine the feasibility of having an open architecture model for insurance for rural bank branches |
|
| IRDA may allow insurers to invest in ETFs |
| 06:41 Mar 14,2011 |
| The move will allow insurance firms to innovate and diversify their investments |
|
| SBI Life Launches Smart Wealth Assure an innovative ULIP |
| 11:15 Mar 08,2011 |
| Smart Wealth Assure provides pre-determined NAV guarantee of Rs. 20 |
|
| Berkshire to proceed with its insurance business as a corporate agent of Bajaj Allianz |
| 11:54 Mar 03,2011 |
| Berkshire India Limited received an IRDA approval to distribute general insurance products |
|
| First year premium of life insurers grew 6.5 per cent in January 2011 |
| 06:18 Mar 01,2011 |
| LIC’s new business premium grew 37 per cent compared 6 per cent growth witnessed by private sector |
|
| IRDA asks for lesser policy lapses |
| 10:07 Feb 15,2011 |
| Life insurance agents will have to ensure that at least 50 per cent of their clients do not default on premium payment from 2011-12 |
|
| Merger norms for non-life insurers soon |
| 10:15 Feb 12,2011 |
| IRDA proposes a draft for the framework of mergers and acquisitions for non-life Insurers |
|
| Health cover portability cleared |
| 10:19 Feb 11,2011 |
| Insurance regulator development authority (IRDA) on Thursday gave its go ahead to introduce health insurance portability from 1st July 2011 |
|
| Rapid churn among fund managers |
| 02:43 Dec 30,2010 |
| More than the pressure to perform, greater opportunities in a booming market make fund managers to move |
|
| IRDA to slow changes, report |
| 10:52 Dec 06,2010 |
| IRDA has told life insurers that major regulatory changes have already happened. In 2011, the changes would be fewer |
|
| IRDA proposes changes in DTC, media reports |
| 05:17 Feb 21,2002 |
| At the 14th Global Conference of Actuaries J Hari Narayan, IRDA Chairman reportedly stated that IRDA feels that certain provisions in the Direct Tax Code (DTC) are not in the best interest of the industry. |
|
| IRDA proposes changes in DTC |
| 05:05 Jan 01,1900 |
| At the 14th Global Conference of Actuaries J. Hari Narayan, IRDA Chairman stated that IRDA feels that certain provisions in the Direct Tax Code (DTC) are not in the best interest of the industry. |
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| A myth of mis-selling has developed in the market for ULIP products: GN Agarwal |
| 10:46 May 18,2013 |
| In an exclusive interview with Cafemutual, G N Agarwal, CEO of Future Generali Life discusses the reasons for the decline of life insurance industry and shares his plans for the growth of his company. |
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| Insurance industry targets annual growth of 20 to 22% |
| 05:49 Apr 13,2011 |
| A number of changes are required to accelerate the industry growth, according to a study by BCG and FICCI |
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| We hope to grow by 60 percent in the current financial year |
| 04:08 Apr 12,2011 |
| A common database will help insurance companies to get a better understanding of the risks of underwriting any individual |
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| Auto, pharma, FMCG look positive in 2011 |
| 06:20 Mar 17,2011 |
| Consumption story is going to be sustainable in India, says Mr. Saravana Kumar CIO - Tata AIG Life Insurance Company Ltd. |
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