MetLife Inc is committed to grow in India
MetLife Inc, is “fully committed” to growth of its Indian life insurance joint venture unit, a top official said. “As a shareholder and a partner in this joint venture,…
Non-Life insurance premium increases 33%
The total premium accumulated by the non-life insurance companies in February 2017 increased 33% to Rs. 10,288 crore from Rs. 7,711 crore in February 2016. The public sector insurers…
HDFC ERGO Growth and Expansion
HDFC ERGO General Insurance, a private sector insurer, has reported 83.2 per cent increase in net profit for the financial year ended March 31, 2017, at Rs.2,77.2 crore . Gross…
LIC Mutual Fund’s Small Town Hope
LIC Mutual Fund has set a target for Assets Under Management (AUM) of Rs. 35,000 crores by the end of current fiscal year, fuelled by systematic investments from investors…
Interview with Mr. Girish Kulkarni – Managing Director & CEO
Star Union Dai-Ichi Life Insurance Co. Ltd. He learnt the ropes of his life as a young child travelling 40k.m to and fro every day to his taluka school from…
Insurance regulator provides some relief to Ulip holders
Policyholders, who had put in money in unit-linked insurance plans (Ulips) and discontinued later, have a reason to cheer. The Insurance Regulatory and Development Authority of India (Irdai), through…
Swiss Re creates combined Property & Casualty Underwriting Hub in Asia, headed by Sharon Ooi
Swiss Re today announced that it is establishing a combined Property & Casualty (P&C) Underwriting Hub for the Asia Pacific region within its Reinsurance business unit. Sharon Ooi, will lead…
Listing of general insurance companies starts
The government has started the process of the listing of General Insurance Corporation of India and New India Assurance Company by seeking bids from merchant bankers to manage the issue.…
Bank of Baroda said to consider cutting insurance firm stake
Bank of Baroda is considering a sale of some of the minority stakes it holds in its insurance and asset-management ventures, according to people familiar with the matter. The…
LAUNCH OF WWW.BANKINGFINANCE.IN EXCLUSIVE PORTAL ON BANKING AND FINANCIAL INDUSTRY
The economic scenario of our country is changing rapidly keeping in pace with the world economic scenario. Indian economy is standing on the cross roads where a little change in…