Bangladesh's Finance Ministry has been swamped with hundreds of applications to launch new private insurance companies in the country, reports the Financial Express. Among the applications, 90% are for life…
The Insurance Regulatory and Development Authority (IRDA) is planning to hire about 100 insurance professionals over the next three months to tackle its growing manpower needs. “The industry has been…
Zurich, 7 December 2010 – Swiss Re's economists predict that growth in the insurance and reinsurance industry will continue to accelerate in 2011 but warn that financial turmoil could derail…
Hong Kong, 13 January 2011 – Swiss Re’s economist predicts sustained strong growth in Asia's insurance industry in 2011, with emerging markets continuing to outpace mature markets. Life and non-life…
Apollo Munich Health Insurance Co. Ltd. (AMHI), was felicitated with the Celent Model Insurer Asia 2011 award in the Policy Administration System (PAS) category. The award recognizes excellence in technology…
January 11, 2010, Mumbai: Edelweiss Tokio Life Insurance Company Limited, a joint venture between the Edelweiss Capital Limited (Edelweiss), one of India’s leading financial services conglomerates, and Tokio Marine, one…
IRDA Circular: The Authority is on periodic basis receiving requests from various Authorities both within India and outside the country for specific information regarding regulated entities in the insurance sector.…
IRDA Circular: Authority has observed that there is no uniform approach followed by the insurers for transfer of the surplus to the Profit & Loss Account. A few of the…
IRDA Circular: Reference is invited to Clause C (4) of IRDA’s Guidelines on Group Insurance Policies issued vide circular 015/IRDA/Life/Circular/GI Guidelines/2005 dated 14th July, 2005 wherein insurers are prohibited to…