Bharti Axa Life posted profit of Rs. 50 million
Bharti Axa life Insurance firm posted its first net profit of Rs 50 million for the year ended March 2018, as against a net loss of Rs 1.2 billion during…
Bihar Crop Insurance Scheme
The Bihar government launched its own crop insurance scheme after it rejected the Centre's on the ground that it was helping insurance companies more than the farmers. The Bihar Rajya…
Ayushman Bharat Health Protection Scheme to combine with states health scheme
According to Ayushman Bharat National Health Protection Mission (ABNHPM) CEO Indu Bhushan,, the centre’s scheme would be combining with the state health cover schemes to provide health coverage to 100…
Aegon Life Insurance appoints Saba Adil as the Chief Operating Officer
Aegon Life Insurance, the pioneer in online insurance, announced the appointment of Saba Adil as the Chief Operating Officer, with effect from May 2018 to drive the strategic goals and…
Health device makers ask for 50% cut in margins
The Department of Pharmaceuticals have suggested trade margins for devices priced above Rs 100% cent; for devices below Rs 1,000, a margin up to 75 %. It would help to…
“19th Annual General Body Meeting of Warangal Insurance Institute”
Held on Wednesday20th June 2018, Warangal,Telangana Chairman: Mr. E A Viswaroop (Sr. Divisional Manager LIC of India, Warangal) Vice Chairman: Mr. K. Niranjan…
Interview with Mr. G.L.N. Sarma, Chief Executive Officer, Hannover Re India Branch
Q1. Hannover Re is one of the leading provider of reinsurance solutions. Please give an overview of the International operations of the company. Hannover Re, with gross premium of more than…
Both dividend and bonus treat from GIC
The country's largest reinsurance company - General Insurance Corporation of India listed on the stock exchanges in October 2017, and now it is issuing both dividend and bonus share for…
Hotel Leelaventure defaults on payment of interest to LIC
Cash-strapped hospitality chain Hotel Leelaventure has defaulted in payment of quarterly interest of Rs 2.12 crore to Life Insurance Corporation of India (LIC). Hotel Leelaventure, which currently has a debt…
IRDAI to review Insurance Marketing Rules
The Insurance Regulatory and Development Authority of India (IRDAI) panel to revisit the insurance marketing rules and make necessary recommendations. The concept of allowing marketing firms to solicit or procure…