Government of India has advised the Public Sector Insurers and Public Sector Banks (PSBs) to develop an action plan for turnaround of their loss making branches.
Lloyd's of London, Britain's 325 year-old insurance and reinsurance market has revealed its plan to promote business growth in emerging markets like India, China & Brazil.
Future Generali India Insurance Company Ltd, the general insurance joint venture between Future Group of India and Generali of Italy, has registered a 53pc growth of its gross written premium–significantly…
DLF, the Indian arm of the life insurance company DLF Pramerica is looking to exit the joint venture by selling its stake. Reports are that DLF is in talks to sell…
HSBC which holds 26% in Canara HSBC OBC Life Insurance Company is known to be in talks of exiting the business of life insurance in India. This is the first ever…
Unit-linked insurance plans which were offering the guarantee of returns basis highest NAV of the term on maturity have been banned by the Insurance Regulatory and Development Authority (IRDA).
LPG connection from any Public Sector Oil Company eg. Indian Oil, HP, Bharat or any such are having the system of inbuilt Insurance by the supplier which is neither properly…
North Eastern state of Meghalaya has undertaken an ambitious plan to bring all its three million population under a health insurance plan. The state has roped in International Finance Corporation…
Aviva Life Insurance reported over two-fold growth in net profit at Rs 74 crore for the year ended March, 2012.The private sector insurer had posted a net profit of Rs…
The National Insurance Co Ltd (NICL) has been directed by a consumer forum here to pay a policy holder insured amount of Rs 1.3 lakh for a stolen car along…