Reliance General Insurance files for IPO
Reliance General Insurance on Monday filed its Draft Red Herring Prospectus (DRHP) with market regulator SEBI for making an initial public offering. Of the over 6.7 crore equity shares on…
Risk Based Capital in the Indian Insurance Industry
“Risk- Based Capital is recommended by the Committee to IRDA to be used for the purpose of Solvency assessment. What could be the possible impact of RBC regime on the…
Cardiologists feel stress as the prime cause of heart diseases
64% of cardiologists feel that stress is the main cause of cardiovascular ailments, says a report. Moreover, 68 per cent of doctors contend that any age group could be vulnerable…
IndiaFirst Life Insurance hopes to break even by 2019-20
IndiaFirst Life Insurance Company which has completed eight years of operations this November, expects to break even in 2019-20, according to a top company official. The life insurer, which recorded…
AXIS Capital names Swiss Re’s Steve Arora as Reinsurance CEO
AXIS Capital Holdings Ltd. Has informed that Steve Arora has been named chief executive officer of AXIS Re. He has extensive international experience and leadership capabilities and has been recognized…
Kotak Life Insurance aims at 25-30% growth in premium
Kotak Mahindra Life Insurance expects its premiums to grow at 25-30 per cent this year, according to Sudhakar Shanbhag, Chief Investment Officer. "Year to date, our growth is 37 per…
HDFC ERGO General Insurance name change gets IRDAI approval
IRDAI has agreed to change of name of HDFC ERGO General Insurance Co Ltd following the merger of HDFC ERGO General Insurance Company Ltd with HDFC General Insurance Ltd. HDFC…
Government ask manufacturers to maintain supply of knee implants
The government recently made it mandatory for knee implant manufacturers and importers to maintain production and supply of knee implants by invoking an emergency clause under the drug price control…
HDFC Life, Apollo Munich teams up for dual plan
HDFC Life Insurance and Apollo Munich Health have come together to launch 'Click2Protect Health plan', which provides both life and health cover under a single plan. This plan combines the…
Reliance General gears up for IPO
Reliance General Insurance Company (RGIC) - is going publicsoon. The company filed draft papers with the Securities and Exchange Board of India for an initial public offer. The offer comprising…