Private sector general insurer ICICI Lombard recently launched 'International Travel Insurance Plan' which provides overseas medical insurance. "We have launched this product keeping in view that number of international travellers from…
The basic principles that govern Fire Insurance are: Utmost good faith - In insurance contracts, the legal doctrine of utmost good faith applies. The insured has the duty to disclose…
The Insurance Regulatory and Development Authority ( IRDA ) would release the final guidelines on investment limits for insurance companies in the next couple of days, sources said. The guidelines…
By allowing the Life Insurance Corp. of India (LIC) to increase its investment threshold in companies against the advice of the insurance regulator, the government is sending out yet another…
Life Insurance Corporation of India (LIC) and the Employee Provident Fund Organisation (EPFO) have decided to fully subscribe to the Rs.7,400 crore bond issue of Air India, thus giving a…
Public sector general insurer New India Assurance's net profit more than doubled to Rs 205 crore in the first half of the current fiscal on the back of sound growth…
Hard pressed to meet the Rs 30,000 crore disinvestment target, the Finance Ministry today permitted the state-owned Life Insurance Corporation (LIC) to invest up to 30 per cent in a…
Reliance Life Insurance Company (RLIC) today said it has hired around 200 women insurance advisors for its distribution channel and plans to scale up the recruitment in the next few…
Swiss Re’s latest sigma research publication "Insurance accounting reform: a glass half empty or half full?" takes a fresh look at the long-running debate over upgrading and harmonising insurance accounting…
Reliance Life Insurance Company (RLIC), part of Reliance Capital Limited, today announced the launch of ‘Face-to-Face’ distribution channel to service its orphan customers and provide post-sales service to policyholders. Face-to-Face is…