Why Life Insurers Need Reinsurance Protection?
In life insurance business, India ranked 9th among the 156 countries. During 2010-11, the estimated life insurance premium in India grew by 4.2 per cent. However, during the same period,…
Life insurers’ premium collection rises 2.3%
The premium collections of life insurers stood almost flat with just a 2.3 cent rise in October at Rs 6,851 crore, compared to the corresponding month last year, according to…
IRDA panels to make insurance crystal clear
Welcome relief for life insurers and policyholders. There was a time when only the Life Insurance Council, the industry body representing life insurers, was the sole agency dealing with regulatory…
Insurance News: Cooperative model leads to inclusive growth
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…
Launching of Unit Linked Health Insurance by Life Insurers
Introduction: Both non-life and life insurance companies are keen on cashing in on the growing opportunities in the health insurance segment. They are on course to offer a slew of…
Life Insurance Marketing in Rural Segment
With a network of 2048 fully computerized branch offices LIC is taking continuous effort to spread the awareness of life insurance into the rural masses especially in the backward and…