Private sector insurance firms have more than three times the outstanding number of death claims on individual insurance policies compared to state-owned LIC, Finance Minister Pranab Mukherjee told the Rajya Sabha today.

The initial public offer guidelines for the insurance sector is likely next month, the Insurance Regulatory and Development Authority (IRDA) today said.

"The IPO guidelines could take a month-time and

Over the past few months, one after another, a number of insurance companies have launched Ulips, which promise to repay investors on the basis of the highest NAV that the

Come April, the premium paid for fire and engineering and marine insurance, among other general insurance products is set to increase by around 15-20 per cent. With the reinsurers

If you are looking for safety while making that investment decision and also looking at the possibility of getting decent returns, you could be tempted to look at the guaranteed-return

Prudential, the British financial services company, is in talks with American International Group about a potential deal for AIG’s big life insurance business in Asia that could be worth more

Finance minister Pranab Mukherjee has addressed a long-standing demand of the insurance sector by keeping service tax limited only to fund management charges of unit-linked insurance policies (Ulips).
This brings

Aegon Religare Life Insurance, one of the younger Indian life
insurance companies that started operations in July 2008, has
already bagged 50,000 customers. In an interview, Rajiv Jamkehdkar, chief