Month: September 2012

Chola MS General Insurance Company hopes to cross the Rs 150-crore mark in terms of operating profit and the Rs 2,500-crore mark in terms of gross premium in the next…

Life Insurance Corporation of India (LIC) aims to achieve 37 per cent growth in its first premium income at Rs 5,500 crore in the eastern region in 2012-13.

Atanu Sen has taken over as the Managing Director & Chief Executive Officer of the largest private sector life insurer of the country, SBI Life Insurance. Mr. Sen succeeds Mr.…

A 27-year-old youth, who was injured in an accident with a rashly driven car, has been awarded a compensation of over Rs 12 lakh, nearly Rs five lakh more than…

To reduce procedural bottlenecks, private insurer Bharti AXA Life Insurance today introduced a dedicated service to assist customers in settlement of their claims.

Private insurer Tata AIA Life Insurance today launched 'Maha Raksha Supreme', a term insurance plan that offers customers a wide range of life protection options.

Insurance Regulator IRDA has approved the 30 per cent stake purchase by Punjab National Bank (PNB) in MetLife India Insurance Company.

In a meeting with finance minister P Chidambaram on Tuesday, insurers are expected to take up their grouse against the Insurance Regulatory and Development Authority (IRDA)), and demand an Appellate…

Leading private sector insurer Reliance Life will hire nearly 50,000 advisors and 5,500 full-time insurance consultants this fiscal to negate any impact of high attrition and to sustain growth.

Observing that New India Assurance had arbitrarily repudiated the insurance claim payable under a policy and rendered deficiency in service, the Maharashtra Consumer Commission has asked the firm to pay…