Life insurers profit declines marginally in FY 2014-15
LIC emerges as the most profitable life insurer.
by Nishant Patnaik Jun 18, 2015
Saroj Dikhale to join LIC Nomura MF as its CEO
She is likely to succeed Nilesh Sathe who has been appointed as the Member (Life) at IRDAI.
by Nishant Patnaik Jun 16, 2015
PFRDA allows partial withdrawal in NPS
The pension fund regulator has allowed partial withdrawal of up to 25% after 10 years of contribution.
by Team Cafemutual Jun 16, 2015
IRDAI imposes Rs. 50 lakh fine on Future Generali Life
The company was found to have violated various norms like soliciting insurance policies through unauthorized agents, luring distributors and customers with gift vouchers of its parent company’s retail arm Big Bazaar and delaying claim settlement.
by Team Cafemutual Jun 15, 2015
Hannover makes deeper reinsurance push into Indian cities
German reinsurance giant- Hannover RE is betting big on India. With the insurance industry opening up to foreign investors, this 800 million dollar company is looking to spread its footprint beyond Mumbai & Delhi working with central as well as state governments.
by Source: Moneycontrol.com Jun 13, 2015
