5 Financial Challenges You Face in the Beginning of Your Career
You have completed your education from one of the premier institutes in the country and are now ready to commence your career. With the kind of company and profile you…
An Outlook for the Year 2016
Mr. K.G. Krishnamoorthy Rao, Managing Director and Chief Executive Officer, Future Generali India Insurance Company Limited has recently shared his views on insurance as well as commercialization benefits to India.…
India to control 49% of foreign ownership: IRDA
The Insurance Laws (Amendment) Act, 2015, passed during Parliament's budget session, allowed insurance companies to raise their foreign ownership from 26% to 49%, with the requirement that…
IRDA forms panel for transparency in motor insurance
Insurance regulator IRDAI set up a seven-member committee to suggest ways to bring transparency in payouts made to the auto dealers by the insurers for getting motor…
IRDA: Govt should drop tax on insurance maturity proceeds
Insurance regulator Irda will take up with the government the issue of 2 per cent income tax deducted at source (TDS) by life insurers from maturity proceeds,…
Insurance penetration is 3.9% in present India
Insurance penetration in India at 3.9 per cent was below the world average of 6.3 per cent in 2013, the Parliament was informed recently. Minister of State for Finance…
Global insurers to face 10% increase in capital charges
Global insurers with the greatest ties to the financial system would face an average increase of 10 per cent to capital requirements under new standards proposed by a group…
Insurers want a game with ISL
The Indian Super League, which has attracted some of the top - though mostly retired - footballers in the world, has led insurers to chase the teams and organisers…