- Jan25By PTI
Observing policyholders' right to effect changes in nomination, sectoral regulator IRDA is proposing to do away with the practice of charging fee for such alterations by life insurance companies.
- Jan18By PTI
Insurance sector regulator IRDA is evaluating fresh norms for banks to act as intermediaries for insurers, following recent changes in law brought through an ordinance by the government.
- Jan14By Mukesh Kumar
Having health insurance is not an option anymore – it is a necessity today with rising medical costs. Yet adequate care is not taken while buying a health insurance
Kolkata-headquartered Peerless General Finance & Investment on Monday infused Rs 24 crore as fresh equity into its arm Peerless Funds Management Company (PFMCL), asset managers to Peerless Mutual Fund.
- Jan04By PTI
Confident about further growth in its mutual fund and securities market businesses, financial sector conglomerate Reliance Capital expects a boost in its life insurance business as well in 2015.
To check ponzi-like activities in insurance sector, the new Ordinance has prohibited multi- layered agent structure for sale of insurance products, while it has also barred offers aimed at inducing
- Dec29By PTI
A political hot potato for long, the insurance sector got its long-awaited dose of reforms, as 2014 neared the end and will keenly await moneybags from abroad in the new
- Dec19By PTI
Life insurance companies have sought a separate tax deduction limit of Rs 1. 5 lakh in an effort to make this asset class more taxpayer friendly
- Dec18By PTI
The domestic insurance industry needs investments worth up to Rs 60,000 crore in next five years to increase the penetration levels substantially from the current 3.9 per cent, Insurance
In a bid to maintain its bottomline, India's largest private sector non-life insurer ICICI Lombard has decided to cut down its exposures in certain segments, including weather insurance.