Insurance

India First launches LIfestore, an online store for understanding and buying insurance

LifeStore aims to help customers transact their insurance requirements by providing them online advice and services

by Mustafa JawadwalaMar 16, 2011

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 JawadwalaMar 15, 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 14, 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 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 JawadwalaMar 14, 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 JawadwalaMar 8, 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 8, 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 7, 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 JawadwalaMar 3, 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 JawadwalaMar 1, 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 JawadwalaFeb 28, 2011

IDBI offers pension plan with assured bonuses

IDBI Federal Life Insurance has launched a guaranteed pension plan called Retiresurance

by Team Cafemutual Feb 23, 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 23, 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 JawadwalaFeb 15, 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 JawadwalaFeb 12, 2011

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