Karnataka may start own crop insurance scheme
Karnataka Government is proposing to start its own crop insurance scheme. “There are apprehensions that the policy being implemented by the Centre is not beneficial to farmers as we feel…
DHFL General Insurance launches online motor cover
DHFL General Insurance has launched a customisable online motor insurance policy which offers customers 19 add-on options based on their specific needs. The product known as COCO Drive, offers many…
IRDAI proposes changes to policy revival norms; increases surrender benefits
Insurance policyholders are set to get substantial benefits, with IRDAI proposing significant changes to revival of policies and enhancing guaranteed benefits while surrendering the cover ahead of maturity. IRDAI has…
Are Recent Health Insurance Product Innovations Necessarily Good ?
Introduction Health insurance business, is today perhaps the most rapidly growing segment in the Indian non- life insurance market, possibly after crop insurance. The reasons are many; foremost being rising…
LIC Housing Finance profit rises 12%
LIC Housing Finance has reported a 12% increase in net profit at Rs. 573 crore in the second quarter ended September 30, 2018, against Rs. 514 crore in the quarter…
J&K governor cancels J & K group mediclaim Policy
Jammu and Kashmir Governor Satya Pal Malik has ordered the cancellation of the J&K Group Mediclaim Insurance Policy for Employees and Pensioners as the tenders were allotted fraudulently. “We are…
CORPORATE GOVERNANCE & RISK TRANSFER: A SURVEY ON PERCEPTIONS OF WOMEN LEADERS IN THE NATIONAL CAPITAL REGION (NCR) BY BIMTECH & RAHEJA QBE GENERAL INSURANCE CO. LTD.
“Diversity & Inclusivity :Risk to ignore at your own peril! ” Mr. Praveen Gupta CEO, Raheja QBE General Insurance The biggest common underlying risk - both societal and economic…
SBI General posts 64% jump in H1 net profit
SBI General Insurance, posted a 64.4 per cent increase in its net profit at Rs. 217 crore for the first half of the current fiscal when compared to Rs. 132…
Life insurance companies to reward customers for healthy habits
John Hancock, a unit of Manulife Financial Corp., recently launched an optional program to reward customers for healthy habits. Customers can earn points for tracking their daily jogs or for…
LIC bails our 4 PSU IPOs in 2018
Life Insurance Corporation of India played an important role in the Central Government disinvestment drive in 2018. LIC made a sizeable investment in IPO’s of 4 public sector undertaking as…