insurance news

By allowing the Life Insurance Corp. of India (LIC) to increase its investment threshold in companies against the advice of the insurance regulator, the government is sending out yet another…

The government proposes to push through key economic reforms Bills in sectors like insurance, pension and banking in the forthcoming Winter Session of Parliament which begins. Insurance Bill, that seeks to…

Two days ahead of the Parliament opening recently, BJP leader and head of the Standing Committee on Finance, Yashwant Sinha, indicated areas where the government could get critical bills passed,…

In a first ever move by the finance ministry to seek life insurers’ view on taxation issues, it has invited suggestions from life  insurance companies for making changes in direct…

The Union government is seeking to extend social security to tobacco growers by providing insurance cover to their produce. The  government will pay 50% of the premium amount.

While Punjab traffic cops have been penalizing two-wheelers running without mandatory documents, the state police have turned a  blind eye toward 700 buses of Punjab Roadways Transport Corporation (PRTC) which…

President Pranab Mukherjee on Wednesday said measures like allowing FDI in multi-brand retail and civil aviation will help  in reducing government's fiscal deficit and putting the economy back on high…

New players are eyeing a pie of India's INR2.21 trillion (US$40.2 billion) insurance industry following the Cabinet's approval last month to raise foreign direct investment (FDI) cap in the sector…

Consumer Education & Research Society’s (CERS) continuous efforts to protect interest of the consumers have once again produced desired result, since the Consumer Disputes Redressal Forum, Ahmedabad (City) in a…

Cyclone Nilam has brought the insurance industry and the finance ministry closer on an agreement to set up an exclusive catastrophe pool to cover the losses that occur in natural…