Wed, May 01, 2024
Modi government 3.0 plan ready! The path of insurance companies will be easy, on top of the agenda of the Finance Ministry: Sources Big plan for reform in the insurance sector
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Thu, Apr 18, 2024
New business premium collections grow by 15.6 per cent in FY23-2024 on a Y-o-Y basis in the month of March 2024 powered by strong demand for enhanced insurance protection from both individual and corporate consumers
Fri, Apr 12, 2024
The newly appointed MD & CEO of Future Generali India Life Insurance expresses confidence in the company's progress towards the three-year goal of attaining a 15–18 per cent compound annual growth rate (CAGR). According to the MD, the company has reduced losses by 34–37 per cent and hopes of achieving a growth rate of 9 to 10 per cent compared to the previous year.
Tue, Oct 03, 2017
SBI Life, which is a subsidiary of State Bank of India, had raised up to Rs 8,400 crore via IPO (initial public offer). Its three-day IPO was oversubscribed by 3.58 times.
Tue, Sep 19, 2017
SBI Life Insurance, a subsidiary of State Bank of India (SBI) will hit the market tomorrow to raise up to Rs 8,400 crore.
Mon, Aug 28, 2017
Game of Thrones fans are still coping up with the fact that they have to wait for two years, this time can be utilised for learning financial lessons from the show.
Fri, Jun 09, 2017
Max Life Insurance and HDFC Life had decided to merge to create a Rs 50,000 crore insurance company. However, IRDAI is not really pleased with their proposal and has turned down the scheme.
Mon, May 15, 2017
An additional increment in your salary or a bonus also gives you the chance to boost your insurance coverage.
Fri, Apr 14, 2017
LIC has been into the business of insurance but they don't have expertise on loan risk assessment and resolution, sources said.
Sat, Mar 25, 2017
The bank also said it would explore the possibility of diluting 8 percent of its stake in SBI Life Insurance through IPO offer, out of total 10 per cent offer for sale.
Mon, Mar 13, 2017
Public life insurer Life Insurance Corporation of India (LIC) reported a 12.2% decrease in its new business premium (first year premium) in February to Rs 6,847.59 crore as compared to Rs 7,806.41 crore
Sun, Dec 18, 2016
Of the 24 life insurance companies operating in India, only 19 insurers remained profitable in 2015-16 with the sector's overall profits dipping by 2.57%.
Wed, Dec 14, 2016
Bajaj Allianz Life witnessed a rise of 30% in new premium collection at Rs 220.67 crore.
Fri, Dec 09, 2016
The travel insurance scheme of the Railways was extended to the people who book tickets on line for a premium of Rs 0.92 paise.
Tue, Oct 18, 2016
Small players like Star Union Daichi and Indiafirst also reported strong (75-125%) growth likely due to activation of their banking channels.
Thu, Sep 29, 2016
Edelweiss Tokio Life Insurance Company Limited launched ‘Edelweiss Tokio Life - TotalSecure+,’ on September 26 with a view to provide a ‘comprehensive’ protection plan to subscribers.
Thu, Sep 01, 2016
Watch complete news story of Money Guru about Securing life of family with Insurance and various queries on Insurance for getting detailed updates!
Fri, Aug 12, 2016
All general insurance companies, including the standalone health and reinsurance, shall take steps to get their shares listed on completion of eight years of operations.
Mon, May 16, 2016
EPFO is likely to consider and approve a proposal to provide life insurance cover to its subscribers for three years.
Wed, Mar 23, 2016
With the March 31 deadline looming to file income tax returns, many people look to make last-minute tax-saving investments in haste. Which means, it is this time of the year when Unit Linked Insurance Plans (popularly known as ULIPs) are typically pushed by insurance agents.
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