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Insurance

A spate of new product launches by life insurance companies
In spite of a decline in investors’ interest towards multiple premium policies, insurers are launching new products
by jayshree Jun 1, 2011
20 percent jump in general insurance premium collections in April
The non-life insurance segment proves to be a better performer than life insurance
by Pallabika May 31, 2011
D K Mehrotra appointed as LIC’s ad-hoc chairman
Rakesh Singh, Additional Secretary, Department of Financial services would hand over his responsibilities to Mehrotra
by Team Cafemutual May 26, 2011
Single premium products see a steep growth
Private players observe a boost in single premium sales after the regulatory changes
by Pallabika May 17, 2011
Max India dilutes 4% stake to Axis Bank
Max India has received a nod from IRDA to sell 4% of its equity shares
by Team Cafemutual May 12, 2011
Banks might be allowed to sell five insurance products under bancassurance
IRDA might prohibit banks from selling multi Insurance products
by Pallabika May 12, 2011
AUM of HDFC Life insurance grows by 31%
The life insurance player registered 26% growth in individual new business
by Team Cafemutual May 3, 2011
ICICI Prudential Life clocks Rs 808 crore net profit in FY 11
Total assets under management rose 19% to Rs 68,150 crore in FY11 compared to Rs 57,319 crore in FY10
by Team Cafemutual May 1, 2011
BNP Paribas Assurance planning to increase its stake in SBI Life to 49%
SBI Life Insurance reports a whopping 33% growth in net profit
by Pallabika Apr 27, 2011
HDFC, SBI, ICICI and Max collect higher first year premium
Birla Sun Life, MetLife reported decline in sales of new life insurance policies
by Pallabika Apr 26, 2011
Regulatory changes impact premium collection of private sector life insurance players
LIC showed a robust growth compared to private players
by Pallabika Apr 25, 2011
Insurance companies prefer individual agents for selling policies
Insurance companies do not favor bancassurance model for selling their policies by scrapping the agency model
by Pallabika Apr 25, 2011
Edelweiss Tokio Life Insurance gets R2 license from IRDA
The company plans to launch insurance products soon
by Team Cafemutual Apr 17, 2011
HDFC Life introduces MID
HDFC Life has introduced a Most Important Document (MID) initiative wherein customers would be required to fill up a mandatory one page form acknowledging
by Team Cafemutual Apr 15, 2011
Life insurance premiums to get cheaper
Insurance premiums on term plans, endowment and ULIPs are likely to fall once IRDA approves the new mortality table
by Team Cafemutual Apr 14, 2011