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Title:  IRDA chairman underlines that nobody should be refused an insurance but admits ... - Moneylife Personal Finance site and magazine
Publish Date :  Wed, 16 May 2012 14:20:51 GMT
Description :  The IRDA chairman later addressed a packed public meeting on the topic whether sensible health insurance is possible in India. On prohibiting banks from selling insurance, Mr Hari Narayan said that this is not feasible in India, though countries like ...
IRDA asks Life Council to prepare single insurance productZee News
Adopt lead bank concept, IRDA chief tells insurersThe Hindu
Traditional plan clean-up beginsLivemint

all 5 news articles »
Title:  Personal Accident: A must-have cover - Moneylife Personal Finance site and magazine
Publish Date :  Thu, 17 May 2012 06:54:32 GMT
Description :  Life and physical abilities are irreplaceable but personal accident insurance, available at a low price in India, can at least relieve the monetary burdenâ??as long as you have the right cover. Raj Pradhan explains what you really need Charu Khandal, ...

Title:  Aviva India posts Rs 74 cr net profit - Economic Times
Publish Date :  Mon, 14 May 2012 08:03:45 GMT
Description :  New Delhi: Aviva Life Insurance has reported a net profit of Rs 74 crore for FY 2011-12 as against Rs 29 crore reported in FY 2010-11. This is the second year of declaring profits. Ranked amongst the top 10 private players, Aviva India's market share ...

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Title:  Insurance firms stay ahead of mutual funds & FIs in equity returns in past 3 years - Times of India
Publish Date :  Tue, 15 May 2012 04:48:18 GMT
Description :  When the Sensex rose 10.94% in 2010-11, insurance companies bought stocks worth 3138 crore while foreign investors poured 1.14-lakh crore into the Indian market. In 2011-12, when the Sensex dipped 10.5%, insurance companies sold stocks worth 9652 crore ...

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Title:  Moody's downgrades LIC, outlook stable
Publish Date :  Mon, 14 May 2012 02:19:28 -0700
Description :  REUTERS - Moody's cut its rating for state-run Life Insurance Corp of India (LIC) two weeks after it put the country's largest portfolio investor under review for a downgrade over its high exposure to ...
Title:  Future Generali India Insurance grows 53pc
Publish Date :  Mon, 14 May 2012 03:00:14 -0700
Description :  Kolkata, May 14 : Future Generali India Insurance Company Ltd, the general insurance joint venture between Future Group of India and Generali of Italy, has registered a 53pc growth of its gross written premiumâ??significantly higher than the industry average, in the companyâ??s fourth full year of operations ending 31st March 2012.
Title:  How to bring down your auto insurance cost - Economic Times
Publish Date :  Mon, 30 Apr 2012 03:46:57 GMT
Description :  The insurance regulator has hiked the third-party motor insurance premiums in line with its decision last year to review the rates annually. Some insurers are also planning to revise their 'own damage' rates. Put these two pieces of news together and ...

Title:  Insurance review: India first Maha Jeevan Plan - Economic Times
Publish Date :  Sun, 29 Apr 2012 20:52:47 GMT
Description :  India First Maha Jeevan Plan's unique selling point (USP) lies in the three life cover options that the scheme provides. The scheme can thus be said to be portraying more of the insurance option than the investment side. This is also evident from the ...

Title:  Saving on motor insurance premium
Publish Date :  Sat, 28 Apr 2012 08:56:15 -0700
Description :  With the Insurance Regulatory and Development Authority increasing third-party premium rates, the cost of motor insurance has increased. Annual premium on third-party insurance of a Ford Figo or a Maruti Swift was Rs 800 two years back, compared with Rs 925 today.
Title:  India says it remains attractive place to invest
Publish Date :  Sat, 21 Apr 2012 02:24:19 -0700
Description :  India's Finance Minister Pranab Mukherjee, seen here in 2011, has said the South Asian country remains an attractive place to invest, despite controversial plans to make foreign companies retroactively ...
Title:  Why is it LIC's job to bail out Air India's bond issue? - Firstpost
Publish Date :  Mon, 16 Apr 2012 08:08:44 GMT
Description :  And now it will have to invest in debt-laden Air India, too. According to this Economic Times report, not only Life Insurance Corporation, but retirement funds of state-owned banks will have to buy into Air India's Rs 7400 crore bond issue.
We expect a growth of 20-25 per cent this year: LIC chairman DK MehrotraIndian Express

all 5 news articles »
Title:  Home insurance gets least priority
Publish Date :  Sat, 14 Apr 2012 09:57:11 -0700
Description :  Natural calamities have resulted in a growing need to protect homes. With the growing number of homes in the middle-income and high-end segments, the home insurance segment is gradually gaining awareness across the country.
Title:  Irda for state-backed health insurance scheme - Business Standard
Publish Date :  Thu, 12 Apr 2012 19:16:37 GMT
Description :  The consultative body includes General Insurance Council (non-life), Life Insurance Council, multistake holder groups of Federation of Indian Chambers of Commerce and Industry and the Confederation of Indian Industry, besides the Health Forum formed ...
IRDA seeks greater clarity in non-life insurance offersdomain-B

all 8 news articles »
Title:  Earthquake Insurance: 7 Things You Need to Know
Publish Date :  Thu, 12 Apr 2012 06:52:25 -0700
Description :  Bangalore: The very recent earthquake in Indonesia has left people not only there but also in India in a state or terror and shock. As various parts of India were hit by the after-shocks of the massive earthquake, many people have pushed the panic button.
Title:  Mitsui Sumitomo to buy stake in New York Life Insurance - reports
Publish Date :  Wed, 11 Apr 2012 13:18:45 -0700
Description :  REUTERS - A unit of MS&AD Insurance Group Holdings Inc (8725.T) plans to buy New York Life Insurance Co's 26 percent stake in India's seventh largest life insurer for about 47 billion yen, The Nikkei daily ...
Title:  Rising medical bills cripple aam admi - Times of India
Publish Date :  Thu, 15 Mar 2012 19:51:45 GMT
Description :  According to health economist from the Public Health Foundation of India Dr Sakthivel Selvaraj's latest analysis that shows that publicly financed health insurance schemes are ineffective in reducing OOP expenditure, hospitalization expenses as a share ...

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Title:  Budget 2012: Waive service tax on health insurance schemes, says ICICI Lombard ... - Economic Times
Publish Date :  Tue, 13 Mar 2012 08:23:42 GMT
Description :  NEW DELHI: General Insurance penetration in India is still quite low at 0.7% of GDP. We are hopeful that in this budget, the government will announce a few measures that would aid higher adoption of insurance products among retail consumers.

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Title:  Budget 2012: Hike Sec 80D limits to boost health insurance - Business Standard
Publish Date :  Wed, 14 Mar 2012 09:15:04 GMT
Description :  Insurance is a vital service in a growing economy, and helps regulated risk-taking by individuals and enterprises. Still, penetration of general insurance in India is abysmally low. The adoption of general insurance products such as health among retail ...
'Move towards a fiscal deficit under 3%'Rediff
Companies to shell out more for property insurancemydigitalfc.com
Changing times for overseas reinsurers in IndiaInternational Law Office

all 8 news articles »
Title:  Senior officials of 'United India Insurance' in CBI net - Deccan Herald
Publish Date :  Wed, 07 Mar 2012 15:46:31 GMT
Description :  The CBI has booked a senior official of the United India Insurance along with some other officials of the company based in Lucknow branch for paying an agent about Rs 15 lakh for the work which was done through tenders. The then General Manager posted ...

Title:  Rejecting claim: National Insurance told to pay consumer Rs 75000 - Hindu Business Line
Publish Date :  Wed, 07 Mar 2012 08:25:53 GMT
Description :  PTI The New India Assurance Company Ltd (NIACL) has been directed by a consumer forum in Delhi to pay a policy holder Rs 75000 for rejecting his claim for loss of the CNG kit installed in his car after charging him Rs 2544 as premium to insure it.

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Title:  HSBC sells general insurance business for $914 mln
Publish Date :  Wed, 07 Mar 2012 03:13:52 -0800
Description :  By Clare Baldwin HONG KONG (Reuters) - HSBC (HSBA.L) has agreed to sell its general insurance businesses to French insurer AXA Group (AXAF.PA) and Australia's QBE Insurance Group (QBE.AX) for $914 million ...
Title:  HSBC Raises Nearly $1 Billion in Insurance Sale
Publish Date :  Wed, 07 Mar 2012 08:08:37 -0800
Description :  HSBC has sold its general insurance business portfolio to French insurance company AXA Group and Australian insurer QBE Insurance Group for a cash consideration of $914 million...
Title:  In Series: Emerging Markets - India: a land of opportunity - Insurance Insight
Publish Date :  Thu, 01 Mar 2012 12:04:47 GMT
Description :  According to Lloyd's: "Over the past few years, the Lloyd's market has been working with the Indian insurance regulator, the Insurance Regulatory and Development Authority, to find ways for Lloyd's unique structure to be accounted for in anticipation ...
In Series: Emerging Markets - The India of todayPost Online

all 4 news articles »
Title:  LIC launches single-premium insurance plan
Publish Date :  Thu, 01 Mar 2012 14:13:28 -0800
Description :  Life Insurance Corporation of India has launched a limited-offer single-premium policy which promises to nearly double the premium amount at the end of 10 years. The policy, which works like a bond, also provides life insurance of up to five times the premium paid.
Title:  Sectors like life insurance need seperate tax exemption
Publish Date :  Thu, 01 Mar 2012 23:29:25 -0800
Description :  Fiscal deficit is a big concern for Indian economy currently, says Rajesh Sud, CEO and MD, Max New York Life Insurance.
Title:  Market Research Projects ICT Insurance Market Growth in India at 14% CAGR Through 2015
Publish Date :  Tue, 28 Feb 2012 03:08:00 -0800
Description :  ROCKVILLE, MD-- - MarketResearch.com has announced the addition of the new report "ICT in Insurance Industry in India 2012," to their collection of IT Services market reports. For more information, ...
Title:  LIC Jeevan Ankur: Will You Have Enough? - Moneylife Personal Finance site and magazine
Publish Date :  Wed, 22 Feb 2012 06:37:00 GMT
Description :  LIC (Life Insurance Corporation of India) has launched Jeevan Ankur, a traditional child plan offering single or regular premium option. Traditional child plans are popular due to secured returns, even if they are low. Jeevan Ankur offers inbuilt ...

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Title:  United India to implement core insurance solutions - Business Standard
Publish Date :  Mon, 20 Feb 2012 17:20:28 GMT
Description :  Public sector general insurance firm United India Insurance Company is planning to complete implementation of core insurance solutions connecting all its 1465 offices spread across the country, within next 10 months to one year.
United India Insurance to appoint biz correspondents to expand rural reachHindu Business Line

all 2 news articles »
Title:  Bancassurance deals may face regulatory scrutiny - Livemint
Publish Date :  Tue, 21 Feb 2012 18:49:21 GMT
Description :  These include the `800 crore-plus sale of a 30% stake in MetLife India Insurance Co. Ltd to Punjab National Bank, that of a 3-5% stake in Aviva Life Insurance Co. India Ltd to IndusInd Bank Ltd in a deal valued at `1200 crore and that of a 6% stake in ...
Health Insurance: IRDA to Issue Claim RulesMoneylife Personal Finance site and magazine
Move to let insurers invest in derivativesThe Hindu

all 11 news articles »
Title:  'Vehicle insurance benefits both victims and owner' - Daily News & Analysis
Publish Date :  Tue, 21 Feb 2012 06:51:34 GMT
Description :  He is also on the advocate panel of various insurance companies like The New India Assurance Company, National Insurance Company, Bajaj Allianz General Insurance Company, ICICI Lombard Insurance and Royal Sundaram Alliance Insurance Company Limited.

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