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Insurance

IRDA caps the commission structure
Insurers agree it will curb mis-selling but worried that small distributors may exit
by Pallabika Oct 16, 2012
Insurers to meet the FM to discuss taxation issues early next month
Efforts to make the insurance sector more vibrant and healthy continue.
by Pallabika Oct 11, 2012
IRDA asks banks to be either act as a broker or agent
Bancassurance can involve a single relationship with an insurance company or with multiple insurers across states.
by Team Cafemutual Oct 10, 2012
FDI in insurance hiked to 49 percent from 26 percent
This move by the cabinet will give a boost to the insurance sector.
by Team Cafemutual Oct 5, 2012
Insurers welcome the proposed opening up of banks to multiple insurers
Banks to act as brokers by selling insurance products of more than one insurer.
by Pallabika Oct 4, 2012
FM announces measures to revive the insurance sector
The finance minister simplifies and eases many regulations to boost the sector.
by Pallabika Oct 3, 2012
IRDA Chairman discusses measures with the Finance Minister
The regulator and the ministry are planning a slew of measures for the growth of the insurance industry.
by Pallabika Sep 27, 2012
IRDA Chairman Hari Narayan to meet the Union Finance Minister to discuss reforms in the insurance industry
IRDA Chairman keen to discuss the tax issues with the ministry.
by Pallabika Sep 25, 2012
IRDA asks insurers to re-file pension products
The products proposals filed with the regulator are more serving the purpose of mutual fund and not pension, says IRDA.
by Pallabika Sep 24, 2012
IRDA aims to provide a comprehensive package of insurance cover to weaker sections
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.
by Pallabika Sep 24, 2012
Mutual funds and ETFs part of RGESS
This move will help AMCs to expand retail penetration
by Pallabika Sep 21, 2012
IRDA releases exposure draft on general insurance IPO guidelines
Insurers can’t approach SEBI directly
by Pallabika Sep 20, 2012
Finance Ministry asked to consider additional tax exemptions for insurance premium, say industry experts
Life insurance industry says this could help increase penetration.
by Pallabika Sep 17, 2012
Insurers expect relaxation in investment norms
This was one of the major items in the agenda in the recent meeting with the Finance Minister.
by Pallabika Sep 13, 2012
Insurers pay Rs 2.7 crore in penalties between June and September
IRDA wants the insurance industry to be more transparent.
by Pallabika Sep 12, 2012