IRDA to ensure jargon free policies; forms committee to examine sub- broking
The regulator has taken the initiative to help the general public understand the products easily
by Pallabika Dec 21, 2012
General insurance premium collection jumps by 18 percent in April-September
Motor insurance collection figures are the key reason for the increase in premium compared to last year.
by Pallabika Dec 19, 2012
CIBIL to rate insurance companies soon
It plans to approach IRDA to start credit rating in insurance sector.
by Pallabika Dec 13, 2012
Private players start entering the pension market
Currently only LIC offers pension products.
by Team Cafemutual Nov 30, 2012
Life insurers report drop in premium collection
Over the last one year the life insurance industry has been witnessing negative growth but hopes to report positive premium collection in the next six months.
by Pallabika Nov 27, 2012
Reliance Life rolls out new distribution initiatives
The new initiatives will help it connect better with both existing and new clients.
by Pallabika Nov 26, 2012
Government allows LIC to invest up to 25 percent in listed companies
Currently the giant insurer can invest only 10 percent in listed companies.
by Team Cafemutual Nov 23, 2012
IRDA planning to set up product specific committee
These committees will help to speeden product approval process.
by Team Cafemutual Nov 20, 2012
IRDA: Standard product guidelines will be released by first week of December
Product clearance period will decrease to one month from three months.
by Pallabika Nov 19, 2012
IRDA allows 3 web aggregators to continue their business
A number of web aggregators have moved out of the industry due to stringent regulations.
by Pallabika Oct 31, 2012
General Insurers met the FM to discuss initiatives to grow the industry
Insurers will propose changes in health insurance and de-tariffing of third party motor insurance in the next meeting.
by Pallabika Oct 25, 2012
IRDA initiates the process of appointing a new chairman
J Hari Narayan will retire in February 2013.
by Team Cafemutual Oct 16, 2012
IRDA caps the commission structure
Insurers agree it will curb mis-selling but worried that small distributors may exit
by Pallabika Oct 16, 2012
Insurers to meet the FM to discuss taxation issues early next month
Efforts to make the insurance sector more vibrant and healthy continue.
by Pallabika Oct 11, 2012
IRDA asks banks to be either act as a broker or agent
Bancassurance can involve a single relationship with an insurance company or with multiple insurers across states.
by Team Cafemutual Oct 11, 2012
