Insurance

IRDA aims to provide a comprehensive package of insurance cover to weaker sections

The regulator has released an exposure draft suggesting different measures to be taken to reach the entire Below Poverty Line (BPL) population with low cost insurance.

by Pallabika Sep 24, 2012

Mutual funds and ETFs part of RGESS

This move will help AMCs to expand retail penetration

by Pallabika Sep 21, 2012

IRDA releases exposure draft on general insurance IPO guidelines

Insurers can’t approach SEBI directly

by Pallabika Sep 20, 2012

Finance Ministry asked to consider additional tax exemptions for insurance premium, say industry experts

Life insurance industry says this could help increase penetration.

by Pallabika Sep 17, 2012

Insurers expect relaxation in investment norms

This was one of the major items in the agenda in the recent meeting with the Finance Minister.

by Pallabika Sep 13, 2012

Insurers pay Rs 2.7 crore in penalties between June and September

IRDA wants the insurance industry to be more transparent.

by Pallabika Sep 12, 2012

Will ULIP return as the flagship product in the insurance industry?

Currently insurers are promoting traditional plans as regulatory changes have forced the insurers to cut down ULIP sale.

by Pallabika Sep 11, 2012

Life insurance premium up 16 percent in July

LIC accounts for bulk of the growth; private players together register a decline

by Pallabika Sep 7, 2012

Reliance Life Insurance will soon tap the banking channel for distribution in India

It is also planning to distribute its product in Japan through Nippon Life.

by Pallabika Sep 6, 2012

Atanu Sen takes over the responsibility of SBI Life Insurance

He has over 35 years of experience in the banking industry.

by Pallabika Sep 3, 2012

IRDA chooses V Manickam, former CEO of LIC Pension Fund as the new secretary general of Life Insurance Council

Ashok Shah, a former executive director of LIC was earlier selected by a committee of CEOs of life insurance companies.

by Team Cafemutual Sep 3, 2012

Bajaj Allianz General Insurance proposes to launch health product based on gender

Consumers will be charged premiums as per their gender.

by Pallabika Sep 2, 2012

Insurers to meet the Finance Minister

Insurers and the ministry will discuss ways to grow the industry and increase penetration.

by Pallabika Aug 31, 2012

Reliance Life to launch pension products which will invest in diverse asset categories

The product is awaiting IRDA approval.

by Team Cafemutual Aug 28, 2012

Finance Minister approves 49 percent FDI in insurance and pension

The proposal will be presented before the cabinet for approval.

by Pallabika Aug 27, 2012

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