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Insurance

IRDA reviewing the recommendations for Agency Open Architecture
IRDA has set up a committee to examine the feasibility of having an open architecture model for insurance for rural bank branches
by Mustafa Jawadwala Mar 14, 2011
Nippon Life Insurance to Invest Rs. 3,062 crore in Reliance Life
n Life partnership with Reliance Life Insurance is the largest FDI in Indian financial services sector
by Mustafa Jawadwala Mar 13, 2011
Nippon Life insurance in talks to buy 26 % stake in Reliance Life Insurance
Japan’s largest insurer Nippon Life Insurance is in talks with Reliance Life Insurance to buy 26 % stake in the company for $724 million
by Team Cafemutual Mar 13, 2011
IRDA may allow insurers to invest in ETFs
The move will allow insurance firms to innovate and diversify their investments
by Team Cafemutual Mar 13, 2011
SBI Life Launches Smart Wealth Assure an innovative ULIP
Smart Wealth Assure provides pre-determined NAV guarantee of Rs. 20
by Team Cafemutual Mar 7, 2011
Private non-life insurers posted strong growth in January 2011 compared to public sector
The business premium of the non-life insurers grew 23 percent with total premium collection at Rs. 3,692 crore
by Mustafa Jawadwala Mar 7, 2011
LIC launches Samridhi Plus ULIP
LIC’s Samridhi Plus protects the downside risk of the policyholders by offering Guaranteed NAV
by Team Cafemutual Mar 6, 2011
Berkshire to proceed with its insurance business as a corporate agent of Bajaj Allianz
Berkshire India Limited received an IRDA approval to distribute general insurance products
by Mustafa Jawadwala Mar 2, 2011
First year premium of life insurers grew 6.5 per cent in January 2011
LIC’s new business premium grew 37 per cent compared 6 per cent growth witnessed by private sector
by Mustafa Jawadwala Feb 28, 2011
Budget augurs well for insurance industry
Tata AIG Life’s CIO however says absence of one-off revenue kicker such as the 3G auctions will make meeting fiscal deficit target difficult
by Mustafa Jawadwala Feb 27, 2011
ING pension, life plans with assured bonuses
ING Life Insurance has launched traditional insurance plans called ING ACE Pension and ING ACE Life
by Team Cafemutual Feb 22, 2011
IDBI offers pension plan with assured bonuses
IDBI Federal Life Insurance has launched a guaranteed pension plan called Retiresurance
by Team Cafemutual Feb 22, 2011
IRDA asks for lesser policy lapses
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
by Mustafa Jawadwala Feb 14, 2011
Merger norms for non-life insurers soon
IRDA proposes a draft for the framework of mergers and acquisitions for non-life Insurers
by Mustafa Jawadwala Feb 11, 2011
Health cover portability cleared
Insurance regulator development authority (IRDA) on Thursday gave its go ahead to introduce health insurance portability from 1st July 2011
by Mustafa Jawadwala Feb 10, 2011