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News
india insurance
India insurance News
general insurance
12 Jun 2019
Emerging Trends in General Insurance – India 2019
2018 proved to be an interesting year for the insurance industry with various developments.
insurance
15 May 2019
Indian insurance industry is going digital; are you following?
Insurance as an industry is currently at the helm of a disruptive technological revolution.
Health insurance
06 Dec 2015
Irdai to launch portal for health insurance plans information
The portal will be having all the information like treatment facility, cost of treatment and cost of claims among others.
Birla Sun Life
07 Aug 2015
Sun Life eyes bigger stake in India insurance venture: CEO
Birla Sun Life is a joint venture with Indian conglomerate Aditya Birla Group and is one of India’s biggest insurance companies.
India financial services sector
16 Jun 2015
'India, US must increase cooperation in financial services sector'
India's financial services sector offers huge opportunities to US companies and both the nations must increase cooperation in areas, including, infrastructure financing, insurance, pension and corporate bond market, a Ficci report said on Tuesday.
Religare Enterprises
12 May 2015
Religare to exit life insurance; Aegon to hike stake to 49%
Financial Services firm Religare Enterprises on Tuesday said will exit Aegon Religare Life Insurance Company by selling its stake to existing partner Bennett, Coleman and Company Ltd of the Netherlands.
Narendra Modi
09 May 2015
India Inc hails PM's social security initiatives
The schemes are expected to address the issue of very low coverage of life or accident insurance and old age income in the country.
Narendra Modi
08 May 2015
PM to launch 3 mega social security schemes tomorrow
After Jan Dhan, Prime Minister Narendra Modi will launch tomorrow three mega social security initiatives -- one pension and two insurance schemes.
Online purchase
07 May 2015
'Online buying of non-life insurance schemes rising in India'
Online purchase of non-life insurance policies in the country is on a rise, while motor insurance attracts the maximum number of customers, a study said on Thursday.
IRDA
27 Apr 2015
IRDA imposes Rs 60 lakh penalty on United India Insurance
Insurance regulator IRDA Monday imposed a penalty of Rs 60 lakh on state-owned United India Insurance Company Ltd for violation of various regulatory provisions.
insurance
10 Mar 2015
Insurance penetration in India at 3.9%, below world average
Insurance penetration in India at 3.9 percent was below the world average of 6.3 percent in 2013, Parliament was informed Tuesday.
insurance bill
20 Oct 2014
Insurance Bill to be taken up in Winter Session: FinMin
The long pending Insurance Bill, which seeks to raise FDI cap in the sector to 49 percent, is expected to be taken up in the forthcoming Winter Session of Parliament.
IRDA
26 Sep 2014
IRDA to make suggestions on insurance bill
IRDA would make suggestions vis--vis the proposed insurance bill to cover different areas like health insurance and e-commerce.
insurance bill
12 Sep 2014
LIC, other insurers made presentations before Par select panel
Moving expeditiously on the controversial Insurance Bill, Parliament select committee today heard views of LIC and other public sector insurers, and decided to meet every Friday to fastrack the scrutiny report.
Arun Jaitley
14 Aug 2014
Govt launches insurance + pension scheme for senior citizens
Finance Minister Arun Jaitley on Thursday relaunched an insurance scheme for senior citizens that will provide monthly pension ranging from Rs 500 to Rs 5,000.
Narendra Modi
05 Aug 2014
PM faces early resistance in insurance reform push
Jaitley needs the support of the opposition in the 250-member upper house of parliament where his Bharatiya Janata Party (BJP) and its allies have about 60 members.
FDI cap
18 Jul 2014
Insurance cos to get much-needed capital from higher FDI: Singh
Welcoming the government's proposal to hike FDI ceiling in insurance sector to 49 percent, Fortis Healthcare Executive Chairman Malvinder Mohan Singh on Friday said the move would help insurance firms attract much-needed capital from overseas partners.
FDI cap
18 Jul 2014
Raising FDI cap in insurance will spur growth: Irda
Raising FDI cap in the insurance sector will spur growth in this industry, ensuring entry of more players, Insurance Regulatory and Development Authority said on Friday.
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