Since the global financial crisis in 2008, capital injections into Indian life insurance companies have fallen off significantly. The level of capital injections dipped from Rs.8,170 crores in FY2008-09, to…
Royal Sundaram Alliance Insurance Company Ltd (www.royalsundaram.in ), the first private sector general insurance company to be licensed in India, today announced the infusion of Rs. 65 Crore of additional…
Taking a cue from the success of it’s 48-hour fund claim campaign for Unit Linked Insurance Policies, Bharti AXA Life Insurance, the private life insurance joint venture between Bharti Enterprises…
The use of internet is growing rapidly in India. Buyers of Insurance products increasingly access / visit websites to know the features and to compare prices of the products offered…
The IRDA had conducted an audit of the Third Party Motor Insurance Pool and has established that the pool reserves have to be significantly augmented in order to meet the…
IndiaFirst Life Insurance, a joint venture between two of India’s largest public sector banks - Bank of Baroda and Andhra Bank along with UK’s leading risk, wealth and investment company…
Tata AIG General Insurance Company Ltd’s (Tata AIG) unique initiative “Faster Claims through efficient use of mobile PDAs†was recently recognized for at the Celent Model Insurer Awards 2011 in…
It’s heartening to note that the budget addresses the headline issues and tries to provide the required sense of direction for higher growth trajectory. We welcome Finance minister’s move to…
“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