Fire losses accounted for over half of the claims lodged with general insurance companies in 2011-12. According to Insurance  Regulatory and Development Authority (IRDA) data, compiled by insurance broking house…
State-run general insurance companies are setting up a common third-party administrator to settle medical insurance claims, a  move aimed at trimming their unwieldy claims ratio and boosting profitability. The claims…
Cyclone Nilam has brought the insurance industry and the finance ministry closer on an agreement to set up an exclusive catastrophe pool to cover the losses that occur in natural…
IndiaFirst Life Insurance launched 'Simple Benefit Plan' that offers dual benefits of a life cover and assured savings. "Simple Benefit Plan offers an insurance cover on your life and additionally…
Bajaj Allianz General Insurance has launched an 'extended warranty plan' for consumer durables, under which a customer will be able to extend the warranty period for 12 months after expiry…
The world's top insurance firms are setting their sights on Myanmar, steeling themselves for a fight with corruption and  ghosts from the nation's political past. Prudential Plc, AIA Group Ltd…
Download Insurance Report prepared by Kotak Institutional Equities in respect of Performance of Life Insurance Industry in November 2012. - Click here to download
Some people say salesmen are born salesmen while others believe that training can help in making good salesmen. Irrespective of these opinions, good salesman has certain qualities and abilities as…
The members of Insurance Pensioners’ Association, Udupi Division, affiliated to the All India Insurance Pensioners’ Association (AIIPA), staged a dharna in front of the LIC Divisional Office here on Monday…
Life Insurance Corporation of India (LIC) Chairman D K Mehrotra on Monday said the company would buy stakes in public sector units (PSUs) going for part-disinvestment if it found good…