Insurance

The regulator has recently levied hefty penalties on a few insurance companies for violation of regulatory norms.

S B Mathur will retire by end of August 2012.

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The new category of distributors will boost the micro-insurance segment, says industry experts

Insurers give the credit for growth to distributors.

The application will enable customers to make a comprehensive comparison, say industry experts.

It is the first web-aggregator to get its license after IRDA made it mandatory for aggregators to follow new guideline announced last November.

The draft paper recommends that all the bodies involved in spreading financial literacy follow a uniform financial inclusion strategy so that results are achieved faster.

The companies are looking at re-filing their best-selling products in the first round.

Two general insurance and one top life insurance companies are preparing for IPO.

Life insurance business recorded an increase of 1.4 percent in premium for first two months of the current fiscal

Depositories have almost finished their data collection

The company has received its final approval from IRDA.

The regulator has directed all insurers to be ready to re-file their existing products according to its new product design guidelines. All products filed under earlier norms will have to be withdrawn by 1st October.

Regulator puts in place new guidelines for servicing orphan policies.