Month: July 2012

In a bid to provide insurance cover to lakhs of families engaged in plucking and binding of kendu leaf, the Odisha Government  signed a Memorandum of Understanding (MoU) with Life…

SBI Life’s variable nonparticipating insurance plan – Flexi Smart Insurance is designed to provide safety for customer’s investment and stable returns to risk-averse customers having preference for non-market linked plans.

“The key ingredient in the mix of customer satisfaction is to maintain a robust claim settlement mechanism and ensuring timely & hassle-free processing of claims.”

HDFC Life has won the BestPrax Benchmark Award 2012 for Leadership Governance in the Service category at the recently held BestPrax Conclave.

Magma Fincorp has received IRDA (Insurance Regulatory and Development Authority) approval to enter general insurance joint venture business.

Future Generali India Insurance Company, the Insurance joint venture between Future Group of India and Generali Group of Italy, opens its new branch office premises in Kukatpaly and another one…

IRDA is framing guidelines for traditional life insurance products which are likely to come out soon

Insurance companies have come under the scanner of a government intelligence agency for allegedly evading service tax of over Rs 300 crore.

The Insurance Regulatory and Development Authority (Irda) has introduced an online application that enables users to compare non-life insurance products of different insurers.

The total premium of life insurers dropped by 3 per cent to Rs 2,83,315 crore for 2011-12 compared to Rs 2,91,605 crore in the year ago period, as per the…