G Srinivasan, who recently assumed office as chairman and managing director of New India Assurance, the state-owned general insurance company, has a long list of dos and don’ts for the…
HSBC is in talks to sell its $9.3 billion stake in China's Ping An Insurance, stepping up a programme by Europe's biggest bank to shed non-core operations to boost profitability. A…
A fresh tussle between the government and a regulator has burst out into the open, with the finance ministry allowing Life Insurance Corporation (LIC) to own up to 25% of…
Welcome relief for life insurers and policyholders. There was a time when only the Life Insurance Council, the industry body representing life insurers, was the sole agency dealing with regulatory…
Financial services major Reliance Capital group has begun talks to sell 26 per cent equity in its general insurance arm to a foreign partner, and is open to selling further…
The practice of motor insurance is influenced, to a large extent, by the Motor Vehicle Act, 1939. This Act makes provision for various matters relating to the use, maintenance and…
LIC Direct, an alternate distribution route from Life Insurance Corporation of India (LIC), is sending promotional emails with a pitch about India joining the club of developed countries in a…
In a first ever move by the finance ministry to seek life insurers’ view on taxation issues, it has invited suggestions from life  insurance companies for making changes in direct…
Here is an article of our Former President of India APJ Abdul Kalam at Wharton India Economic Forum, Philadelphia, March 22, 2008. A Leader Should Know How to Manage Failure…
The Union government is seeking to extend social security to tobacco growers by providing insurance cover to their produce. The  government will pay 50% of the premium amount.