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…
Royal Sundaram to inject Rs. 65 crore into the Business
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…
Bharti AXA Life Insurance undertakes new initiatives on the service front
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…
Exposure Draft on Guidelines on Web Aggregators from IRDA
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…
Insurance Companies advised to increase contribution to Motor TP Pool
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 launches LifeStore – its Digital Channel to serve your insurance needs online
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…
Another First from Tata AIG General Insurance gets Global recognition at Celent Model Insurer Awards 2011
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…