Finance Ministry may allow FDI in insurance through fresh equity
The new proposal to increase foreign investment in insurance may not mean that promoters of insurance companies get to cash in on a portion of their stake. That's because the…
Infosys to roll out Rs 700 crore project for India Post
IT major Infosys plans to roll out in about two years, its Rs 700-crore project that would help India Post transform its banking and insurance operations across 150,000 post offices…
Insurable Interest and its importance in Insurance Contract
Introduction Everyday newspaper, television and other means of communication brings reports of death of number of peoples, naturally or by accident or otherwise. One does not shed a tear at…
Insurance firm asked to pay Rs 1 lakh to client
A district consumer forum has asked the National Insurance Company to pay Rs 1 lakh for repudiating the insurance claim of one of its clients. The complainant, Ratan Sethi, had purchased…
Insurance News: Government to push insurance, banking Bills in Winter Session
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…
Insurance :Odisha scribes to get pension, health insurance
National Journalist Welfare Board for the first time has made provisions of pension for journalists above 65 years and health insurance for all accredited journalists in Odisha. The pension for the…
Insurance for HIV/AIDS patients to be a reality soon on Naco push
Pricing issues that were holding back insurance companies from covering HIV/AIDS patients, may soon be removed with the National Aids Control Organisation (Naco) setting up a working group to collect…
Insurance pensioners stage dharna in Udupi
The members of Insurance Pensioners’ Association, Udupi Division, affiliated to the All India Insurance Pensioners’ Association (AIIPA), staged a dharna in front of the LIC Divisional Office here on Monday…
Insurance cover to parents of girls under MP’s Ladli scheme
The Madhya Pradesh Government has decided to provide insurance cover to parents of girl beneficiaries under the Ladli Laxmi Yojna. A special campaign will be launched from November 19 to…
Insurance Institute of India establishes Research Grants/Award for Pursuing PhD in Insurance
Introduction: In order to promote academic research in the area of insurance and allied areas, Insurance Institute of India has established a system to provide Research grants/award for candidates pursuing Doctoral Studies in…