bancassurance

Finance Minister P Chidambaram said banks would be allowed to act as insurance brokers to increase insurance penetration in the country despite concerns expressed recently by the banking regulator against…

Leading private sector insurer Reliance Life Insurance Company (RLIC) has recorded a four- fold jump in third quarter net profit to Rs 40 crore on the back of improved product…

Aviva Life Insurance, announced the appointment of Rishi Piparaiya as Director – Marketing & Bancassurance. Rishi, who joined Aviva Life Insurance in 2009 as Director Bancassurance and Business Partnerships will…

The average premium per policy of a life insurance policy has decreased by nearly 8% in FY12 over last year, according to a study carried out by Deloitte India. The…

Year 2012 wasn’t the best for Indian insurers, bogged by several regulatory changes and slowing in premium growth. However, company executives hope the situation would see some improvement in the…

The Insurance Regulatory and Development Authority (IRDA) said that since opening up of Indian insurance sector for private participation, India has reported a fall in the insurance density for the…

IndiaFirst Life Insurance announced a tie up with an arm of local bourse Calcutta Stock Exchange-CSE Capital Markets Ltd to distribute its products.

Given the significant regulatory changes in the industry over the past two years and the current level of uncertainty, over the last few weeks Milliman has been talking to CEOs…

Liberty Videocon General Insurance, a joint venture between Videocon Industries and the US-based Liberty Mutual Insurance Group, is the newest (27th) entrant to the general insurance segment in India. In…

IndiaFirst was awarded the ISO 9001:2008 certification within 7 months of operations. The company’s belief in the  power of thinking new and always keeping customers as first priority has earned…