News Room

CBI unearths Rs.3.7 mn insurance fraud

Wednesday 28, September, 2005 - New Delhi, Sep 28 (IANS) The Central Bureau of Investigation (CBI) Wednesday unearthed a scam worth Rs.3.7 million involving officials of the Life Insurance Corporation of India, siphoning off premium ....

Change in the air

Tuesday 27, September, 2005 - IRDA?s recent announcement on detarffing has created great excitement in the Non-Life market. People in the know have been touting of the benefits of detariffing for a very long time. The most common ....

Dhanvriddhi with SBI Life

Tuesday 27, September, 2005 - This festival season will see the launch of two new products from SBI LIfe. Dhanvriddhi & SBI Life Unit Plus. Targeted to be launched during the forthcoming Durga pooja & Diwali - these polici ....

Iffco Tokio thinks out of the box.

Friday 23, September, 2005 - More & more insurance companies are looking at innovative ideas to push up their market penetration. The latest in line is Iffco Tokio General Insurance. This joint venture between the fertiliser ....

Birla Sun Life goes Single.

Thursday 22, September, 2005 - Birla Sun Life is now looking at tapping the single premium policy market. It hopes to mop up around Rs 100 crore worth of premium income from the sale of single premium policies. Currently it gets ar ....

Tariff free nonlife - a reality soon?

Tuesday 20, September, 2005 - Non-Life insurers might finally be in a position to breathe a sigh of relief. Their long standing demand to abolish the tariffing mechanism seems to have been heard by the IRDA. According to the IRDA ....

LIC rustles up money for its foreign jaunts

Monday 19, September, 2005 - The government has provided LIC the fillip it requires for its overseas ambitions. The Government has agreed to part with 50% of the dividend income it receives from LIC to fund the international expa ....

Competition?s hotting up.

Sunday 18, September, 2005 - Players in the insurance market are all agog about the Rs 37,000 crore that will be up for grabs soon. This money is part of the corpus under the India Millenium Deposit (IMD) which will mature in Dec ....
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