Pakistan will offer foreign businessmen insurance cover of up to USD 500,000 to attract investment in the face of widespread concerns over terrorist attacks that have contributed to a downturn…
A man, who became 100 percent disabled after a rashly-driven truck ran over his both legs while he asleep on roadside, has been awarded around Rs 20 lakh as a…
GIC Re’s chairman and managing director says the global (re)insurance industry can do more to prepare for natural catastrophes
Year 2012 wasn’t the best for Indian insurers, bogged by several regulatory changes and slowing in premium growth. However, company executives hope the situation would see some improvement in the…
IRDA Chairman In a little over a month from now, Hari Narayan J chairman of Irda (Insurance Regulatory and Development Authority), who got into a spat with Sebi over two…
If you are an individual caught by traffic police time and again for violating rules and have a record of paying fines, a motor insurance policy might be denied to…
Almost a third of cars and more than two-thirds of two-wheelers on Indian roads do not have even the mandatory third-party liability insurance, according to an analysis by insurance companies. Worse,…
Life Insurance Corporation (LIC) launched two new policies, including a unit linked insurance plan. Flexi Plus, a unit linked insurance product, not only provides a lump sum benefit on death but…
TR Ramachandran : The year 2012 was a mixed year for the life insurance industry. While the challenges and uncertainties of last year still cast a shadow, the long-term prospects…
In life insurance business, India ranked 9th among the 156 countries. During 2010-11, the estimated life insurance premium in India grew by 4.2 per cent. However, during the same period,…