The Insurance Regulatory and Development Authority (Irda) has strongly come out in support of an upcoming government-backed health insurance policy aimed at providing health cover to a large population of…
IFFCO TOKIO General Insurance has infused an additional capital of Rs 125 crore to fund its expansion plans. The fund infusion has come from Indian and foreign promoters in respective…
Life Insurance Corporation of India, the country's largest insurer, is likely to pare down its holding in unlisted firms to bring it in line with the 10% investment ceiling, a…
All life insurance products may soon have to offer a minimum amount of cover, as mandated by the Insurance Regulatory and Development Authority (Irda).
Securities and Exchange Board of India (Sebi)Â said it was in talks with other regulators, including RBI and Irda, for common know-your-customer norms for the financial sector.
IRDA CIRCULAR: This is in continuation of the consultation process involving a Discussion Paper dated 18th June, 2010 regarding prescribing standards for Needs Analysis in Life Insurance and the Exposure…
Mr Ashok Kumar Roy has been appointed as Chairman and Managing Director of GIC Re till July 31, 2015. Mr Roy was officiating as CMD of GIC Re from January…
Bangalore-based life insurance company, ING Vysya Life Insurance Company Limited (read ING Life Insurance hereon), has tied up with AISECT, India’s leading education, training, services & e-governance network, in an…
During 2011, 820 natural catastrophes were documented around the world, resulting in 27,000 deaths and $380 billion in economic losses, according to data compiled by Munich Reinsurance Company and analyzed…
Public sector general insurance company New India Assurance has achieved Rs 10,000 crore premium collection mark for FY12 on the back of strong growth in motor and health insurance verticals,…