“The Budget has kept a fiscal deficit target of 4.6% for next year. This could translate into bringing the stimulus package down from last year, considering the economy is in…
Key announcements relating to insurance
The budget is positive in its reform direction. The FM clearly stated that the new legislations regarding Insurance, Pensions and Banking would be tabled in this session of the Parliament.…
You can read the latest stories on insurance that have been published in various media.
The Insurance Times, a leading group of Insurance Publications in India has announced the launch of preparatory Guidebooks for the Officers appearing in promotional exam exercise of 4 Public Sector…
The 13th Global Conference of Actuaries (GCA) organised by the Institute of Actuaries of India (IAI) and the International Actuarial Association [IAA] was inaugurated by Mr. N Rangachary, former Chairman…
The insurance industry is looking forward to support from the Government in spreading the benefits of insurance across more and more Indians. The tax incentives should clearly distinguish between short…
Reference is drawn to circular ref. IRDA/CAD/GDL/AGN/016/02/2011 dated 11th February, 2011 prescribing certain guidelines relating to individual agents in respect of life insurance, which, among others, include prescription of minimum…
Low Persistency of life insurance policies is a cause of concern for the Insurance Regulators worldwide , the Industry, Intermediaries and the Policyholders. Early lapses and surrenders are not desirable…
IRDA has imposed penalty of Rs. 5 lacs on Central bank of India for violating provisions of IRDA Act.