Common Retirement Pitfalls and How to Avoid Them
After working hard for most of your life, retirement years are among the best in your life. Now is the time to enjoy the efforts of your labor, relax, and…
Health Insurance Regulation in India
Pre regulation market The Indian Parliament passed The General Insurance Business (Nationalization) Act in the year 1972 and consequently, General Insurance business was nationalized with effect from 1 January 1973.…
Insurance penetration at 10-year low
Insurance penetration, measured as a percentage of premiums to a country's gross domestic product(GDP), has been on a constant drop in India. According to the latest sigma study from global…
Travel Insurance Plan from Reliance General Insurance
Glad you made a quick pre-trip stopover to get your travel insurance online with Reliance Travel Care Policy. This way you can have fun and relax, while we handle any potential problems…
OPERATIONAL CHALLENGES AND SWOT ANALYSIS OF BANCASSURANCE IN INDIA
Introduction: Liberalizations and deregulation of the financial sector, the greater use of financial engineering techniques and models, significant advances in information technology and consumer demands have all resulted in greater…
Future Generali eyes growth on economy pickup
Future Generali India Insurance Company, a joint venture between retail giant Future Group and Italian insurance major Generali, expects to post a 20-25 percent growth this fiscal, said the…
SBI Life to Expand Bancassurance by 50%
The country's biggest banking network SBI along with its insurer is planning to expand bancasurance channel by 50% alongside raising the field force by about 10% to push business…
Aggressive bidding likely for Air India’s $9 bn insurance cover
Insurance companies are getting ready to bid aggressively for Air India $9 billion (around Rs.57,420 crore) cover, coming up for renewal on 1 October. State-run Air India, which floated…
Insurance valuations an enigma: CII-Towers Watson study
A joint study by the Confederation of Indian Industry (CII) and Towers Watson has revealed that even though the upper limit of foreign direct investment (FDI) in insurance has…
What constitutes the commission structure applicable for life insurance companies
One of the major changes in insurance rules effected by the Insurance Laws Amendment Ordinance is scrapping of section 40A of the Insurance Act, 1938, that prescribes the caps on…