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  • Insurance

    Sandeep Ghosh appointed as new CEO of Bharti AXA Life
    Ghosh will take over from Milind Chalisgaonkar, who was the interim CEO
    by Team Cafemutual Jun 15, 2011
    RIL buys Bharti stake in life and general insurance JV with AXA
    Bharti exits financial services as RIL enters retail financial services
    by Team Cafemutual Jun 13, 2011
    Insurers trying to make inroads into the retail market through consumer stores, reports BS
    Grocery and medical stores may soon be allowed to sell simple insurance products
    by Team Cafemutual Jun 10, 2011
    General insurers unhappy with certain IRDA merger norms
    IRDA announces merger and acquisition norms for general insurance players; insurance miffed with certain norms and demand more clarity
    by Pallabika Jun 9, 2011
    A spate of new product launches by life insurance companies
    In spite of a decline in investors’ interest towards multiple premium policies, insurers are launching new products
    by jayshree Jun 2, 2011
    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