Evolution and Current Status of The Risk Manager
“We have met the enemy, and he is us” ……. Walt…
Life insurance sector NPAs rise by 26%
Despite strict investment norms, NPA’s are on rise in Insurance Industry. Non-performing assets (NPAs) or bad loans of the life insurance segment has gone up by 26 per cent from…
Vijay Srinivas appointed Director & GM of United India Insurance
United India Insurance Company announced the appointment of K B Vijay Srinivas as its Director and General Manager with effect from July 1. Prior to taking up the new role,…
Exposure to PSUs may hurt LIC’s returns
Bailing out public sector companies has led to under-performance of Life Insurance Corporation (LIC)'s equity portfolio, according to a report by Business Standard. The country’s largest insurer has not been…
Pioneering insurance protection for an autonomous world
Is society ready for living in an autonomous world? Ready or not, it’s here. In fact, it’s been with us for a while. The better question for those of us…
IDBI to move Government to make LIC promoter
The board of IDBI Bank approved a proposal to seek the government’s approval to allow LIC as a promoter once it acquires majority stake in the bank. In a notification,…
A Financial Planning for Human Life Cycle
The potential of Indian life insurance sector is remarkable, though it is at very low level when compared with the global standard. It is call of the time that people…
COCO by DHFL General Insurance launches COCORide, a customizable Two-Wheeler Comprehensive Insurance Plan
COCO by DHFL General Insurance has unveiled its new Two Wheeler Insurance Plan – COCORide, which will offer two-wheeler (motorbike, scooter, etc.) owners a comprehensive insurance policy that can be…
Exposure Draft on IRDAI (Insurance Services by Common Public Service Centers) Regulations, 2018
Background Reference is drawn to IRDAI (Insurance Services by Common Service Centres) Regulations, 2015, that enables CSC-SPV to distribute insurance products. It is observed that the above regulations are very…
Private General insurers may need capital inclusion of Rs. 1,200-3,000 cr to maintain growth rate: ICRA
Private sector general insurers will require Rs. 1,200 crore to Rs. 3,000 crore of capital infusion in the current fiscal to maintain the current growth rate of 17 per cent…