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The solvency ratio reflects a company’s finance capacity to meet its short and long term liabilities. It examines the Company’s buffer to settle all claims in extreme situations. Recently, the…

Today, he is known all over India for his astute academic leadership in management education.  A crusader for the growth of management education in India, Dr. Harivansh Chaturvedi, Director, Birla…

IRDA may allow LIC to maintain its stakes in about 40 entities (investment beyond 15% limit) to avoid a fire sale to comply with the regulatory limit for insurance companies,…

Columbia University in New York suggests it is still possible to recall memories because they are not completely wiped by the disease, just made harder to access. They had carried…

In order to maintain solvency level of 1.65 times (regulatory requirement of 1.5 times), the general insurance sector needs approx Rs. 37,000 crores of capital in next 5 years.  “Owing…

While speaking at the annual insurance summit organized by the Confederation of Indian Industry (CII), Chairman T.S. Vijayan asked insurers to start offering cost-effective insurance policies to customers.“The cost has…

The Comptroller and Auditor General have found severe deficiencies in the performance of the reproductive and child health scheme under the National Rural Health Mission. A CAG report, tabled in…

The public sector companies like New India Assurance, SBI Life Insurance, General Insurance Corp. of India (GIC plans to launch their IPOs to raise funds of Rs. 70,000 crores, Rs.…

Nearly seven million people die every year by use of tobacco and smoking. The World Health Organization (WHO) warned of the dire environmental impact of tobacco production, distribution and waste.…

Exide Life Insurance achieved 27 % growth in profit (PBT) to Rs. 112 crore for the financial year 2016-17. Announcing the company’s financial results, Kshitij Jain, Managing Director and CEO,…