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  • Insurance

    20 percent jump in general insurance premium collections in April
    The non-life insurance segment proves to be a better performer than life insurance
    by Pallabika Jun 1, 2011
    D K Mehrotra appointed as LIC’s ad-hoc chairman
    Rakesh Singh, Additional Secretary, Department of Financial services would hand over his responsibilities to Mehrotra
    by Team Cafemutual May 27, 2011
    Single premium products see a steep growth
    Private players observe a boost in single premium sales after the regulatory changes
    by Pallabika May 18, 2011
    Max India dilutes 4% stake to Axis Bank
    Max India has received a nod from IRDA to sell 4% of its equity shares
    by Team Cafemutual May 13, 2011
    Banks might be allowed to sell five insurance products under bancassurance
    IRDA might prohibit banks from selling multi Insurance products
    by Pallabika May 13, 2011
    AUM of HDFC Life insurance grows by 31%
    The life insurance player registered 26% growth in individual new business
    by Team Cafemutual May 4, 2011
    ICICI Prudential Life clocks Rs 808 crore net profit in FY 11
    Total assets under management rose 19% to Rs 68,150 crore in FY11 compared to Rs 57,319 crore in FY10
    by Team Cafemutual May 2, 2011
    BNP Paribas Assurance planning to increase its stake in SBI Life to 49%
    SBI Life Insurance reports a whopping 33% growth in net profit
    by Pallabika Apr 28, 2011
    HDFC, SBI, ICICI and Max collect higher first year premium
    Birla Sun Life, MetLife reported decline in sales of new life insurance policies
    by Pallabika Apr 27, 2011
    Regulatory changes impact premium collection of private sector life insurance players
    LIC showed a robust growth compared to private players
    by Pallabika Apr 26, 2011
    Insurance companies prefer individual agents for selling policies
    Insurance companies do not favor bancassurance model for selling their policies by scrapping the agency model
    by Pallabika Apr 26, 2011
    Edelweiss Tokio Life Insurance gets R2 license from IRDA
    The company plans to launch insurance products soon
    by Team Cafemutual Apr 18, 2011
    HDFC Life introduces MID
    HDFC Life has introduced a Most Important Document (MID) initiative wherein customers would be required to fill up a mandatory one page form acknowledging
    by Team Cafemutual Apr 16, 2011
    Life insurance premiums to get cheaper
    Insurance premiums on term plans, endowment and ULIPs are likely to fall once IRDA approves the new mortality table
    by Team Cafemutual Apr 15, 2011
    Health insurance to become the second dominant product in general insurance space
    The health insurance segment could approximately account for 40% of the total Gross Written Premium (GWP) by FY 2020
    by Pallabika Apr 15, 2011