S K Roy is chairman of Life Insurance Corporation of India
The government recently appointed S K Roy as chairman of Life Insurance Corporation of India. The Appointments Committee of the Cabinet (ACC) has already cleared his name.…
Life Insurance Corporation starts revamp, sets up two groups to look into issues
State-run Life Insurance Corporation has set up two groups to look into a host of issues, including investment strategy, marketing and review of its international operations and…
Shriram Life Insurance eyes Rs 500 cr from group insurance biz
Private sector insurance firm Shriram Life is eyeing Rs 500-crore business from group insurance in the next three years, a top company executive said.
300 Life Insurance Corporation mini offices to come up by month-end
The Life Insurance Corporation (LIC) of India will open 300 mini offices across the country by month-end, said Thomas Mathew T, the Chairman-in-charge, LIC, adding that the…
Insurance firms get serious on fake agents
Dealing with fraudulent agents has been one of the big issues for prospective and existing customers of insurance companies. And, insurance companies say they're active on the matter.
Insurance firms get serious on fake agents
Dealing with fraudulent agents has been one of the big issues for prospective and existing customers of insurance companies. And, insurance companies say they're active on the…
HDFC Life Insurance to strengthen policy verification process
HDFC Life Insurance is strengthening its policy verification process to ensure total compliance with Know-Your-Customer (KYC) norms.
LIC has near 100% claim settlement record
According to D K Mehrotra, chairman, Life Insurance Corporation of India, for the year ended March 31 2012, the company settled a total of 185.70 lakh claims with an amount…
LIC eyes 15% rise in first premium income in FY 14
Country's largest insurer LIC is expecting a 15 per cent growth in first premium income during the ongoing fiscal after recording a de-growth in 2012-13.
Extend your insurance cover on paid-up policies
In case you are unable to pay premiums any more in your traditional or unit-linked insurance plans (Ulips), you can use the paid-up option. Here, the policy…