Month: December 2017

Surveyors, Loss assessors and Claim adjustors have distinct functions. Clubbing these three categories of functions into one group serviced by the same person/s will not only be prejudicial but also…

HDFC Standard Life Insurance Company’s Rs 8,700-crore initial public offering (IPO was subscribed five times on the last day of the offering. The IPO saw bids worth Rs 30,827 crore,…

New research is encouraging Australians to forgo their private health fund and make use of our public healthcare system.The report by Morgan Stanley shows health fund membership has declined from…

New India Assurance Co. Ltd launched its Initial Public Offering worth Rs. 9,600. The insurance company has set a price band of Rs770-800 per share for the IPO, which values…

SBI Life reported 6% growth in net profit at Rs. 225.47 as against Rs. 212.7 crore in the same period last year. Value of new business (VNB) margin, reflecting additional…

IRDA/INT/ CIR/ MISP/246//11/2017 1st November, 2017 Circular on Motor Insurance Service Provider (MISP) Attention is drawn to circular no. IRDAI/ INT/ GDL/ MISP/ 202/ 08/ 2017 dated 31st August, 2017 on MISP. The…

General Insurance Corporation of India launches the share trading at a discount of 5% on issue price on the BSE. Around 43.82 lakh shares were transacted on the exchange. Whereas,…

A price band of Rs. 275-290 was fixed for its Rs 8,695 crore initial public offer (IPO). "In this connection, we wish to inform you that the price band for…

Marine Insurance is one of the most challenging, as also a unique, form of insurance. Marine insurance is essential in international trade to cover the goods in transit from one…

GIC IPO saw a weak response being down 4.6% at Rs. 870.40 on the BSE. The stock opened at Rs. 850 on the BSE, 6.8% below its issue price of…