LIC would be India’s most valued firm if listed: Arun Jaitley
Union Finance Minister Arun Jaitley said the Life Insurance Corporation of India (LIC) would have been the most-valued company in the country if it was listed. "If you were a…
LIC organises ‘Students of the Year Award’ at MHSS
Model Higher Secondary School (MHSS) Kohima held Student of the Year Award function, sponsored by Life Insurance Corporation (LIC) Kohima on September 21 at the School Auditorium. The awards were…
Bima Diamond – a new plan by LIC of India
Life Insurance Corporation of India has introduced a new plan called LICs Bima Diamond on the occasion of LICs Diamond Jubilee. It is a non-linked, limited premium payment money back…
Mumbai mandals secure bumper insurance for Ganesh Chaturthi
Ganesh mandals in Mumbai had secured bumper insurance for the Ganesh Chaturthi festival. Insurance officials said the overall event insurance - which included public liability, terrorism insurance, fire insurance, money…
Govt raises wage threshold for state insurance benefits
The government has overruled opposition from employers to allow an increase in the number of people eligible for Employees' State Insurance (ESI), which provides medical care to industrial workers and…
An insurance pool to cover natural disasters
Insured losses due to natural disasters have plummeted to Rs 17,000 crore in the past three years in India. However, with a spate of floods across north and east India…
New India Assurance sees 25% growth in revenue
New Indian Assurance has seen a 25 per cent year-on-year growth in its premium income till October this financial year, G. Srinivasan, its Chairman-cum-Managing Director, told. Mr. Srinivasan said…
New India Assurance eyes 100% growth in online policy sales
New India Assurance Co is looking to achieve 100% growth in online sales which stood at Rs 150 crore last year. "We are selling 30,000 policies every month online. Currently, our…
UNDERWRITING OF LIFE INSURANCE POLICIES
1. Introduction: 1.1. The life insurance industry in India has been progressing at a rapid growth since opening up of private sector. The size of country, a diverse set of…
Aviva Launches India’s First Heart Insurance for Couples “Aviva Heart Care”
Aviva Life Insurance, today announced the launch of the first ever heart insurance for couples in India -Aviva Heart Care. A unique feature of this product is that it allows…