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Tata AIG Life to open 120 new branches by August Tuesday 13, February, 2007 -- Tata AIG Life Insurance Company Limited (Tata AIG Life) announced its expansion plans that include the opening of 120 full service branches across the country. The opening of 120 new branch offices across India is an integral part of an overall retail thrust and the company’s strategy to continue . . . . . . Pension plans give new life to insurers Tuesday 13, February, 2007 -- More people are planning for their old-age, at least, in terms of contribution as premium for pension policies. Data released by IRDA suggests that Indians are increasingly contributing a larger chunk of their income to buy pension policies vis-à-vis regular insurance policies. Contribution of p . . . . . . LIC to launch children plans Wednesday 07, February, 2007 -- The state insurer, Life Insurance Corporation of India (LIC) will be launching two children plans-Child Career Plan and Child Future Plan on 8th February. These two plans are MoneyBack With-Profit plans and are designed to meet the increasing educational needs and events like marriage, which req . . . . . . Public sector general insurers lose 9% market share Wednesday 07, February, 2007 -- When it comes to life insurance sector, Life Insurance Corporation (LIC) leads the market and from the present statistics it can be said that it is regaining its the lost market share. However, on the contrary, the non-life public insures have lost a market share of 9% to the private insurers, which . . . . . . IRDA to take a new move Friday 02, February, 2007 -- Insurance companies have a reason to be glad. The Insurance Regulatory and Development Authority (IRDA) has reduced the waiting period for life insurance companies for offering products. Initially, life insurers had to wait for a period of 30 days before introducing its products but now it has been . . . . . .

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