insurance news

Close to 5,000 insurance agents in the city are up in arms against what they call a draconian step by the central finance ministry to cut their commission to 5%.

India's proposal to allow more foreign investment in its $41 billion insurance business provides a lifeline for an industry starved  of capital and squeezed by regulation - but it may…

The Bharatiya Janata Party recently refused to play straight on allowing 49 per cent  foreign direct investment (FDI) in insurance and pension, while questioning the  “legal and political intentions” of…

Insurance employees staged a demonstration in front of the LIC divisional  office here on Friday to protest against the decision of the Union cabinet  to approve Insurance Laws' Amendment Bill…

Supreme financial regulators like- Insurance Regulatory and Development Authority (IRDA), Securities and Exchange Board of India (SEBI), Pension Fund Regulatory and Development Authority (PFRDA) and Forward Markets Commission (FMC) should…

Aiming to encourage people to buy insurance policies, union finance minister Mr. P Chidambaram recently, announced that the government is considering removing service tax on first year insurance premium payments.…

Banks may not immediately get to sell products of multiple insurance companies as the Reserve Bank of India is not very keen on them being exposed to new risks.

A man gave a supari for his own murder in Lakhimpur Kheri district of central Uttar Pradesh. The killing was carried out as planned but the police got the better…

The insurance sector is expected to witness massive changes after the finance ministry intervention. The sector has been characterised by diminishing sales in the past couple of years, according to…

Swiss Re Corporate Solutions, the commercial insurance arm of Swiss Re Group, is joining forces with Solar Impulse, the world’s first purely solar powered airplane able to fly through the…