LIC’s recruitment drive for 2 lakh new agents
With the soaring aim to acquire its market share from private sector companies, Life Insurance Corporation is planning to hire two lakh agents (distribution) across the country in the coming…
IRDAI likely to relax corporate agency norms
The proposed corporate agency norms that authorizes the banks to sell a specified percentage of insurance policies of other companies is likely to be liberalized by the regulator. Earlier,…
India nuclear insurance pool with 1500 cr capacity formed
General Insurance Corporation of India (GIC Re) and 11 other non-life insurers have formed the India Nuclear Insurance Pool. It will have a capacity of Rs 1,500 crore. New…
Hannover Re keen to render reinsurance cover for PMSBY
Hannover Re, the world's third largest reinsurer, has decided to offer reinsurance cover for the to encourage insurance companies to participate in the scheme. The global reinsurer is in…
Capital requirement for health insurance ventures to be slashed by 33%
The Insurance Regulatory and Development Authority of India (Irda) is on the mind of reducing the capital requirement for setting up a standalone health insurance company by as much as…
Insurers keep perpetual bonds at bay
Insurers are staying away from tier-1 perpetual bonds issued by banks because of the lack of liquidity in the instrument and pricing issues in it. Insurance companies also say as…
Guide for Insurance Brokers Exam from The Insurance Times
Guide for Insurance Brokers Exam from The Insurance Times ( For Online Exam conducted by NIA Pune) CALL Now FOR more details 09883398055 / 09883380339 The Insurance Times group…