Mukesh Ambani buys entire stake in Bharati Axa Insurance
Mukesh Ambani jumped into the insurance bandwagon by buying 74 per cent stake in general and life insurance businesses of Bharati Axa Life and General insurance for around 3000 crores.
MDRT and MDRT Foundation Donate $248,000 for Disaster Recovery in Japan
The Million Dollar Round Table (MDRT) and the MDRT Foundation announce a cumulative donation of USD 248,000 from their MDRT Japan Relief Fund established following the earthquake and tsunami that…
HDFC Ergo ordered to pay Rs.1.18 lakhs
The Mumbai Suburban Consumer Redressal Forum ordered HDFC Ergo General Insurance Company Ltd to reimburse Rs 1.18 lakh at 9% interest to Dharamdas Pritiani, a heart patient who underwent a…
Selling of General Insurance policies through Kirana Stores
In order to take insurance products to the doorsteps of customers, the Insurance Regulatory and Development Authority is giving finishing touches to guidelines for “monoline†insurance agents — agents who…
HDFC Life Launches Sampoorn Samridhi Insurance Plan
HDFC Life, one of India's leading life insurance companies, today launched Sampoorn Samridhi, a 'with profit' traditional product. Sampoorn Samridhi is a product that offers the benefits of both an…
HDFC Life wins the CISO Awards 2011
HDFC Life, one of India's leading private life insurance companies, has been awarded the Top 100 CISO Awards 2011, for demonstrating outstanding performance in its information security and technology practices.Â
First India-specific report on Ultra HNIs Insights into the earnings, investment and spending patterns launched
Kotak Wealth Management, pioneer and leader in the wealth management industry in India and CRISIL Research, India's largest independent and integrated research house, launched the 'Top of the Pyramid' report…
Indian life insurance growth story still intact
A recent survey of the senior executives in the Indian life insurance industry carried out by Milliman suggests that the long-term growth story of the sector is still intact. Despite…
IRDA releases M&A guidelines for general insurance companies
The Insurance Regulatory and Development Authority (Irda) today released regulatory guidelines for mergers and acquisitions (M&As) for non-life insurance companies.
Report of the Committee on Bancassurance
The IRDA had constituted a Committee on Bancassurance vide Order No. IRDA/AGENTS/ORD/02/APR 2009 dated May 4, 2009 to study the distribution of insurance products through Banks.