It is but quite natural for our expectations to be high from this year’s Union Budget given the progressive mindset of our current Government and the critical reforms introduced…
Insurance penetration in India at 3.9 per cent was below the world average of 6.3 per cent in 2013, the Parliament was informed recently. Minister of State for Finance…
Global insurers with the greatest ties to the financial system would face an average increase of 10 per cent to capital requirements under new standards proposed by a group…
The Indian Super League, which has attracted some of the top - though mostly retired - footballers in the world, has led insurers to chase the teams and organisers…
The Life Insurance Council, an apex industry body of life insurance companies, is planning to put in place a centralized database of insurance policies by December to detect and…
Insurance companies are getting ready to bid aggressively for Air India $9 billion (around Rs.57,420 crore) cover, coming up for renewal on 1 October. State-run Air India, which floated…
A joint study by the Confederation of Indian Industry (CII) and Towers Watson has revealed that even though the upper limit of foreign direct investment (FDI) in insurance has…
Chhattisgarh government had decided to implement the National Agriculture Insurance Policy and cover seven crops for the current Kharif season. The crops to be covered under the national agriculture…
The Modi government is planning to have cashless treatment facilities in more parts of the country during the 'golden hour'. Addressing the nation through his radio broadcast series "Mann…
Senior executives of private insurance companies, bureaucrats and officials of IRDAI can now apply for the post of Chairman and Managing Director in public sector general insurance companies keeping…