mydigitalfc.com - Insurance

ICICI Venture to invest Rs 120 cr in Star Health & Allied Insurance

Thu, 01 Apr 2010 22:12:02 +0530

ICICI Venture on Thursday announced that it is investing Rs 120 crore ($ 27 million) in Star Health and Allied Insurance. For ICICI Venture, this would be the maiden

No claim history can cut cost of a new car

Thu, 01 Apr 2010 22:07:01 +0530

If you have been paying insurance premium on your car year after year without claiming for any accidents, then probably you have a chance to reduce your motor insurance cost

Star Union Daiichi to push annuity reverse mortgage

Tue, 30 Mar 2010 22:52:37 +0530

Star Union Daiichi Life Insurance is planning to enter into new tie-ups with banks to offer the reverse mortgage product that provides annuity payments to the beneficiaries till death.

LeapFrog to invest $30 m in Indian micro-insurers

Mon, 29 Mar 2010 22:48:40 +0530

LeapFrog Investments the world’s first micro-insurance focused-private equity fund is looking at investing $30 million in Indian microinsurance companies. According to Jim Roth principal investments

Ulips see fewer policy lapses, more renewals

Mon, 29 Mar 2010 22:43:00 +0530

The continuous growth in renewal of premium of unit-linked insurance policies (Ulips) for the past four years shows that rate of policy lapse has been coming down, according to S

Insurance premium may touch Rs 1 lakh crore

Thu, 25 Mar 2010 15:06:40 +0530

Industry body Assocham on Thursday said it estimates the premium from general insurance to touch Rs 1 lakh crore in the next 5 years as awareness and income about insurance products among the rural masses are on the rise.

Insurers line up more online products, offer big discounts

Wed, 24 Mar 2010 23:09:46 +0530

More and more life insurance companies are aggressively looking to sell policies online in an effort to make their operations more cost effective and keep a check on expenses.

Fresh premium of life insurers grows 28%

Mon, 22 Mar 2010 21:56:43 +0530

The first-year premium of life insurance sector grew by 28 per cent in February 2010 to Rs 8,542 crore, compared with Rs 6,676 crore in the corresponding month in 2009.

IndiaFirst Life eyes Rs 200cr premium by March end

Sun, 21 Mar 2010 16:02:28 +0530

IndiaFirst Life Insurance, promoted by Bank of Baroda, Andhra Bank and the British firm Legal & General, expects to close the fiscal with a premium collection of Rs 200 crore.

LIC aims to sell 5 lakh credit cards in FY11

Wed, 17 Mar 2010 22:38:56 +0530

LIC Cards, a subsidiary of the country’s largest life insurer Life Insurance Corporation of India (LIC), is aiming to sell half a million credit cards in financial year 2010-11.