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  • Insurance

    IRDA allows banks to act as insurance brokers
    Now banks can sell insurance products of five companies.
    by Team Cafemutual Aug 13, 2013
    IRDA allows policyholders the option to opt out of ECS
    No charge or fee chargeable on such withdrawal from ECS.
    by Team Cafemutual Aug 9, 2013
    IRDA defers implementation of standard proposal form by five months
    The regulatory body has stated that the form will be introduced from April 1, 2014.
    by Nishant PatnaikAug 6, 2013
    Life insurance premium rises with service tax implementation looming large
    The new premium collection has increased on the back of the announcement by IRDA that separate service tax should be charged from new policy holders from October onwards.
    by Nishant PatnaikAug 2, 2013
    General Insurers record 18 percent growth in new premium collection segment in Q1 FY13-14
    Experts believe that the government’s social security programme and the increasing number of health insurance agents have driven the growth.
    by Nishant PatnaikJul 28, 2013
    IRDA proposes major changes for web aggregator business
    As per the draft report, the aggregator can be paid a fee not exceeding Rs 50,000 per year for displaying a product in the comparison charts on its website.
    by Team Cafemutual Jul 26, 2013
    IRDA slaps Rs 10 lakh fine on Max Life Insurance
    The insurance company paid excess commission to Barclays Investment and Loans (India) for FY08 and FY09.
    by Team Cafemutual Jul 24, 2013
    IRDA accredits 3075 off-line agents training institutes
    Over 95 percent of training institutes with accreditations are non-metropolitan cities.
    by Nishant PatnaikJul 18, 2013
    ICICI Prudential Life waives the requirement for a Death Certificate from municipal authorities for Uttarakhand victims
    by Team Cafemutual Jul 18, 2013
    New life insurance premium dips by 6 percent
    Experts attribute this to falling saving rates and underperformance of ULIP products.
    by Nishant PatnaikJul 12, 2013
    IRDA relaxes health insurance norms
    Amendments in new health insurance norms draw mixed reactions from advisors.
    by Nishant PatnaikJul 4, 2013
    IRDA penalizes Aviva Life Insurance Rs 20 lakh, IndusInd Bank Rs 5 lakh
    Both companies have been asked to pay fines within 15 days from the date of order.
    by Team Cafemutual Jul 3, 2013
    IRDA defers health insurance product (group) re-filing deadline by 3 months
    IRDA agrees to the request from insurance companies to extend the date.
    by Team Cafemutual Jul 2, 2013
    Non-life insurers witness a healthy growth of 20 percent in premium collection
    SBI General Insurance has registered a robust growth of 106.5 percent in new premium collection.
    by Team Cafemutual Jul 2, 2013
    All about annuity products
    Investment in annuity provides tax benefit up to Rs 1 lakh.
    by Nishant PatnaikJun 21, 2013
    Cafemutual is an independent media platform and focuses on providing knowledge and information for the benefit of finance professionals. We do not promote any particular brand or asset category.