Budgets are usually preceded by intense speculation over various proposals, and this year is no different. While most industry forums and companies suggest measures relating to indirect taxes, the financial…
The Guidelines on Anti-Money laundering /Counter Financing of Terrorism (AML/CFT) were issued under Section 34 of the Insurance Act, 1938 on 31st March 2006. The Guidelines were made applicable to…
At its 76th meeting convened on 8.2.2013, the Insurance Regulatory and Development Authority has approved four substantive Regulations.
The Reserve Bank of India (RBI) recently directed state and central co-operative banks not to grant loans for purchase of gold in any form in order to check the significant…
Reserve Bank of India (RBI) is likely to “very soon†come out with the final guidelines on new bank licences as its consultation with the finance ministry on the issue…
Humana Inc.’s new CEO, Bruce Broussard, says that with so many big changes coming in 2014, implementation of the Affordable Care Act is going to be “bumpy.â€
Reinsurer Arch Capital Group Ltd (ACGL.O) said it would acquire CMG Mortgage Insurance Co and the operating platform of PMI Mortgage Insurance Co for about $300 million to enter a…
From the next fiscal, insurance companies will have to maintain a solvency margin of 145% instead of the 150%. The Insurance Regulatory and Development Authority (Irda) has decided to move…
In a move likely to give a fillip to the markets recently, as well as help meet the demands of the finance ministry to bolster the participation of insurance companies…
Max Life Insurance, one of India’s leading life insurance companies, has opened the online platform for submission of stories and essays in the igenius Young Authors’ Hunt. Registered students can…