STAR UNION DAI-ICHI’S PREMIUM GROWS BY 73.21%
Star Union Dai-Ichi Life Insurance Co. Ltd., a Joint Venture of Bank of India, Union Bank of India, and The Dai-Ichi Life Insurance Co. Ltd., Japan, has completed 26 months…
IRDA issues guidelines for Accounting Treatment of Enhanced Provision of Gratuity
IRDA CIRCULAR: The pay revision of the officers and employees has been carried out by the Public Sectors Insurance companies in the year 2010-11 and Government by Gazette, Notification dated…
IRDA notifies new rates for Motor Insurance Third Party Liability Only Cover
IRDA CIRCULAR: The Authority refers to the Exposure Draft on Review of Motor Insurance Premium rates for Third Party Liability Cover dated 4th January 2011, which was published in its…
Books on Insurance
From Sashi Publications/The Insurance Times Group - www.sashipublications.com Not getting good coaching at your convenient time? No time for studying? Need Crash course for passing the exam? Getting confused with complex study…
10 things to know about Anna Hazare and Jan Lok Pal Bill
1. Who is Anna Hazare? An ex-army man. Fought 1965 Indo-Pak War
Magma HDI General Insurance receives R1 licence from IRDA
Kolkata-based NBFC, Magma Fincorp, said it has received the first phase of licence from the insurance regulator to enter the general insurance space through Magma HDI General Insurance.
Guidelines on Distance Marketing of Insurance Products
These Guidelines are issued in exercise of the powers conferred upon the Authority under Section 14(1) of the IRDA Act, 1999 to protect the interests of the policyholders and to…
GUIDELINES PERTAINING TO AGENTS
IRDA CIRCULAR: Reference is invited to circulars ref. IRDA/CAD/GDL/AGN/016/02/2011 dated 11th February, 2011& IRDA/CAD/GDL/AGN/016/02/2011 dated 14th February, 2011 prescribing guidelines relating to individual agents in respect of life insurance and…
Royal Sundaram expands distribution network with three new branches
Royal Sundaram Alliance Insurance Company Ltd (www.royalsundaram.in ), the first private sector general insurance company to be licensed in India, announced expansion in its distribution network by opening three new…
Capital requirements and constraints in Indian life insurance sector in the current environment
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…