News Room

Irda chief sees shortage of actuaries receding in 3-4 yrs

Tuesday 18, February, 2014 - Amid acute shortage of actuaries, Irda Chairman T S Vijayan has expressed the hope that the country will produce enough number of such professionals in the next 3-4 years, which will be enable it to f ....

Fire & engineering segment sees drop in rates

Saturday 15, February, 2014 - In order to attract more clients, general insurers have started offering up to 40 per cent discounts in insurance premium rates for the fire and engineering segment. This segment largely covers man ....

Bajaj Allianz Life Insurance launches Special Revival Campaign

Monday 03, February, 2014 - Bajaj Allianz Life Insurance has launched a Special Revival Campaign spanning over 70 days to help policyholders renew their lapsed Life Insurance policies. This campaign which started on the Jan 1 ....

ICICI PruLife starts awareness campaign on new product norms

Saturday 25, January, 2014 - ICICI Prudential Life Insurance has launched an awareness campaign titled ‘Insurance Aaj Badal Raha Hain’ on the new product guidelines for the life insurance sector introduced on January ....

Irda may ask all banks to become insurance brokers

Friday 17, January, 2014 - The Insurance Regulatory and Development Authority (Irda) is considering making it mandatory for banks to become insurance brokers. Public sector banks are, however, reluctant to take the route despit ....

LIC's total investments touch Rs 14.8-lakh crore

Wednesday 08, January, 2014 - The total investments of Life Insurance Corporation of India (LIC) at the end of FY13 stood at Rs 14.86 lakh crore. According to LIC's annual report for 2012-13, the country's largest insurer had Rs 1 ....

New insurance guidelines

Wednesday 01, January, 2014 - Product guidelines for linked and non-linked life insurance products that have been revised by the Insurance Regulatory and Development Authority will be implemented from Wednesday. Here is an overvie ....

Max Life lines up re-launch of 20 new products next year

Tuesday 31, December, 2013 - 'Private player Max Life Insurance today said it plans to launch 20 re-structured products next year as part of regulatory compliance to make the policies more customer-friendly. These solutions ha ....
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