Private non-life insurers grow faster than public sector insurers in premium collection
Gross premium collection of general insurance industry grew 22% with private players advancing by 26% and public sector insurers rising by 19%
by Mustafa Jawadwala Mar 21, 2011
New business premium of private insurers declined by 11 % in February 2011
First year premium of public sector insurer LIC witnessed positive growth of 13 per cent compared to negative growth of 11 per cent by 22 private insurers
by Mustafa Jawadwala Mar 21, 2011
India First launches LIfestore, an online store for understanding and buying insurance
LifeStore aims to help customers transact their insurance requirements by providing them online advice and services
by Mustafa Jawadwala Mar 16, 2011
Want to meet Warren Buffet? Just buy an insurance policy!
On the occasion of the launch of its web portal “BerkshireInsurance.com” on 25th March 2011, Berkshire India has invited all his policyholders to meet the legendary investor Warren Buffet in New Delhi
by Mustafa Jawadwala Mar 16, 2011
IRDA reviewing the recommendations for Agency Open Architecture
IRDA has set up a committee to examine the feasibility of having an open architecture model for insurance for rural bank branches
by Mustafa Jawadwala Mar 15, 2011
Nippon Life Insurance to Invest Rs. 3,062 crore in Reliance Life
n Life partnership with Reliance Life Insurance is the largest FDI in Indian financial services sector
by Mustafa Jawadwala Mar 14, 2011
Nippon Life insurance in talks to buy 26 % stake in Reliance Life Insurance
Japan’s largest insurer Nippon Life Insurance is in talks with Reliance Life Insurance to buy 26 % stake in the company for $724 million
by Team Cafemutual Mar 14, 2011
IRDA may allow insurers to invest in ETFs
The move will allow insurance firms to innovate and diversify their investments
by Team Cafemutual Mar 14, 2011
SBI Life Launches Smart Wealth Assure an innovative ULIP
Smart Wealth Assure provides pre-determined NAV guarantee of Rs. 20
by Team Cafemutual Mar 8, 2011
Private non-life insurers posted strong growth in January 2011 compared to public sector
The business premium of the non-life insurers grew 23 percent with total premium collection at Rs. 3,692 crore
by Mustafa Jawadwala Mar 8, 2011
LIC launches Samridhi Plus ULIP
LIC’s Samridhi Plus protects the downside risk of the policyholders by offering Guaranteed NAV
by Team Cafemutual Mar 7, 2011
Berkshire to proceed with its insurance business as a corporate agent of Bajaj Allianz
Berkshire India Limited received an IRDA approval to distribute general insurance products
by Mustafa Jawadwala Mar 3, 2011
First year premium of life insurers grew 6.5 per cent in January 2011
LIC’s new business premium grew 37 per cent compared 6 per cent growth witnessed by private sector
by Mustafa Jawadwala Mar 1, 2011
Budget augurs well for insurance industry
Tata AIG Life’s CIO however says absence of one-off revenue kicker such as the 3G auctions will make meeting fiscal deficit target difficult
by Mustafa Jawadwala Feb 28, 2011
ING pension, life plans with assured bonuses
ING Life Insurance has launched traditional insurance plans called ING ACE Pension and ING ACE Life
by Team Cafemutual Feb 23, 2011
