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Insurance

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
Health insurance to become the second dominant product in general insurance space
The health insurance segment could approximately account for 40% of the total Gross Written Premium (GWP) by FY 2020
by Pallabika Apr 14, 2011
Agency model on the wane, says IRDA Chairman
IRDA seriously looking at Bancassurance model to sell policies as it feel the agency model has major shortcomings
by Team Cafemutual Apr 11, 2011
IPO guidelines for life insurers by month end: IRDA
IRDA is likely to come out with IPO guidelines for life insurance companies by the end of this month
by Team Cafemutual Apr 11, 2011
No variable insurance product to be sold over distance marketing mode, says IRDA
IRDA today issued guidelines on distance marketing of insurance products that come into effect from 1st October, 2011
by Team Cafemutual Apr 5, 2011