Liberty Videocon General Insurance, a joint venture between Videocon Industries and the US-based Liberty Mutual Insurance Group, is the newest (27th) entrant to the general insurance segment in India. In…
To fill the void of pension products, life insurance companies are pitching monthly income plans and traditional whole life products as retirement solutions. Companies are seeing huge demand for monthly income…
Terming the finance ministry’s plans to hike the investment ceiling for state-owned Life Insurance Corporation to 30 per cent as ‘imprudent’, insurance regulator IRDA recently called for a more conservative…
As a result of increase in premium rates and pick up in health insurance, non-life insurance segment has registered a 19.4% increase in gross premium income in the first six…
The Insurance Regulatory and Development Authority (IRDA) is not keen to increase the equity investment cap for private insurers. At present, the equity investment cap for private insurers is 10%,…
Bucking the industry trend, ICICI Prudential Life Insurance has reported 7 per cent increase in premium collection in the April-October period. ICICI Prudential premium collection, which is a reflection on the…
The five-year term of India's chief insurance regulator, chairman of the Insurance Regulatory and Development Authority (IRDA), comes to an end in February. According to news reports, there's quite a…
The government is likely to introduce amendments to the Insurance Bill in the current session for raising FDI cap in private sector insurance companies to 49 per cent, Parliament was…
The Insurance Regulatory and Development Authority ( IRDA ) would release the final guidelines on investment limits for insurance companies in the next couple of days, sources said. The guidelines…
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…