Look who is afraid of insurance products?
Globally, Indian consumers are known to be smart buyers — often called ‘value seekers’ by marketers. Indians are always looking for the best deal and to maximise perceived price-value output.…
Bullish investors bet insurance, banking bills will go FDI way
Investors, who made some quick money trading in retail stocks recently, hope to repeat the feat when the government tables the insurance bill for parliamentary approval. Markets may surge if…
Pension Super Plus and Single Premium Pension plans from HDFC Life Insurance
HDFC Life launch of two pension plans- HDFC Life Pension Super Plus, a regular premium unit linked plan and HDFC Life Single Premium Pension Super, a single premium unit linked…
Insurance firms being probed for evasion of service tax
Several insurance firms and companies are being probed for suspected evasion of service tax and recoveries have been made in some cases, Finance Minister P Chidambaram told Lok Sabha.
Oriental Insurance to pay Rs 27.51 lakh to victim’s family
The family members of a man, who died in a road accident involving a rashly-driven Blueline bus, have been awarded a compensation of 27.51 lakh by a Motor Accident Claims…
ICICI Lombard General Insurance launches improved version of International Travel Insurance
ICICI Lombard, private sector general insurance company has launched an enhanced version of its travel insurance product, as per The Indian Express report. “In the 'International Travel Insurance' product, we…
TCS recognized leader in insurance application outsourcing
Tata Consultancy Services (TCS), has been rated as a leader in insurance IT Application Outsourcing (AO) by the Everest Group, an advisory and research firm on global services.
Insurance scheme for poor yet to take off in Arunachal Pradesh
Three years after it was introduced by the Union Government, the Rashtriya Swastha Bima Yojana (RSBY) is yet to be implemented in Arunachal Pradesh, because a memorandum of agreement has…
Finance Ministry may allow FDI in insurance through fresh equity
The new proposal to increase foreign investment in insurance may not mean that promoters of insurance companies get to cash in on a portion of their stake. That's because the…
Outsmarted BJP to stall Pension, Insurance Bills
The perception that reforms can be implemented only by stealth has was reinforced by the power play over FDI in multi-brand retail in the Rajya Sabha.