Non-life insurance segment has a very high potential to grow. However, in the absence of incentives, individual prefer saving instruments. Therefore, there needs to be a concerted effort to make…
Insurance companies offer the facility of buying term insurance online. These policies may be the same as those sold through distributors or could be for exclusive online sale.
The newly-appointed chairman of the Insurance Regulatory and Development Authority T S Vijayan has met Finance Minister P Chidambaram and is believed to have discussed the issues plaguing the insurance…
State-run Chennai Petroleum Corp Ltd has to pay the price for having two directors from Iran on its board as Western re-insurers have refused to cover 15% of its assets,…
Indian economy measured in terms of Gross Domestic Product (GDP) registered a growth rate of 6.5 per cent in 2011-12, which is the lowest annual growth rate of last decade.…
Liberty Videocon General Insurance, the newest entrant in the general insurance space, is targeting a premium collection of Rs 120 crore by December 2013.
The objective of the reinsurance accounting is to record the business, control the funds and maintain proper books and records for the benefit and information of all stakeholders both internal …
Insurance is a business of Probability, spreading of losses when the probable event takes place. Spreading the losses takes place in the agreed business participation by way of Insurance &…
Recently, the Reserve Bank of India constituted a high-level committee on financial inclusion under the chairmanship of K.C. Chakrabarty, Deputy Governor, RBI.
Shriram Group has said that it will seek a banking licence for a new group entity which will focus small-ticket loans and will have a low-cost model.