In line with IRDA cap, LIC may pare stake in 51 unlisted companies
Life Insurance Corporation of India, the country's largest insurer, is likely to pare down its holding in unlisted firms to bring it in line with the 10% investment ceiling, a…
New India Assurance premium collection at Rs 10,000 cr in FY12
Public sector general insurance company New India Assurance has achieved Rs 10,000 crore premium collection mark for FY12 on the back of strong growth in motor and health insurance verticals,…
LIC pumps in Rs 2,317 cr in four PSU banks
Life Insurance Corporation (LIC) has pumped in Rs 2,137 crore in four public sector banks through the preference share route. Life insurance monolith LIC, according to separate filings in BSE,…
Insurance Premium to rise from April 2012
The budget has made insurance products of all types costlier. Expect premiums in all insurance products - Unit linked insurance plans(ULIPs), traditional endowment and term policies to get more expensive.
IndiaFirst Life Insurance garners over Rs. 1000 crore premium in FY 2011-12
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…
HDFC Life renews contract with Rajasthan Royals for IPL
Private insurer HDFC Life has said that it has renewed its contract with the Indian Premier League team Rajasthan Royals as an associate sponsor for the fifth edition of the…
Reinsurance rates up, GIC Re reduces exposure
Indian companies will have to pay more for renewing their insurance policies as reinsurance companies have raised premium rates by up to 15% after burning their fingers in record number…
Bharti Axa General eyes 45% premium growth in FY13
Bharti Axa General Insurance is hopeful of posting a growth of 45 per cent in its gross premium collection in the next financial year.
L&T General Insurance bullish about growth in next fiscal
L&T General Insurance, a unit of engineering and construction major Larsen & Turbo Group, is bullish on its growth prospects next financial year with business coming mainly from motor and…
Interview with Jennifer A. Borislow CLU, Million Dollar Round Table
The Insurance Times Magazine, publsihed from India recently covered an Interview of Jennifer A. Borislow CLU, Million Dollar Round Table in its March 2012 issue. Here are some excerpts of…