NIA leads in claims settlement
New India Assurance, Royal Sundaram and Universal Sompo were the leaders in claims settlement ratios in the non-life industry, representing the number of claims settled during a period out of…
Promising “Festivals’ segment” in South
Bajaj Allianz General Insurance plans to focus on event insurance in the southern market. About 200 event insurance policies this year, of which 50 % were for festivals, reflecting a…
Stephen Balderston to join JLT Re
Reinsurance broker JLT Re recently announced joining of Stephen Balderston in its Credit and Political Risk team as a partner, once the contractual obligations from current employer, Guy Carpenter is…
Health Insurance Regulation in India
ABSTRACT Insurance in India started in the year 1818, with the starting of Oriental Life Insurance Company by Anita Bhavsar in Kolkata to cater to the needs of European community. …
CMDs/ CEOs – LIFE INSURERS, GENERAL INSURERS, HEALTH INSURERS AND REINSURERS
Ref: IRDA/IT/CIR/MISC/232/10/2017 …
Bajaj Allianz alone makes profits from underwriting in FY 17
Bajaj Allianz emerges as the most profitable private general insurer along with claiming to be the only non life insurer to report an underwriting profit during FY17 Most insurers say…
$1.5 Billion Hong Kong IPO initiated by China’s largest insurer
The largest online insurer in China, ZhongAn Online P&C Insurance Cohas been taking orders for a Hong Kong Initial Public Offering to raise around $1.5 billion. As per the terms…
Customer’s consent mandatory for Aadhaar based e-KYC
IRDAI mentions in a circular that the use of Aadhar and accessing of personal information of Unique Identity Authority of India (UIDAI) for e-Know Your Customer (e-KYC) purposes can only…
Insuring Over A Billion Lives!
Urgent Need for a Course Correction to Ensure Universal Coverage By Pawan Verma MBA, FIII www.pawankverma.com The two service sector industries, telecom and insurance, that were opened up to competition…
LIC’s stock portfolio outperforms the benchmark index
The stock portfolio of LIC has outperformed the benchmark index in last 3 years as well as in the current calendar year by a wide margin. An index of LIC's…