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Title :   Comparing life cover with mutual funds is not correct: Anuj Mathur, Canara HSBC OBC Life Insurance
Publish Date :  Mon, 12 Jun 2017 01:00:04 GMT
Description :  "A product offering life insurance with a guaranteed return of 5% over 20-25 years is a decent deal," Anuj Mathur CEO, Canara HSBC OBC Life Insurance

Title :   Health insurance: Why taking a policy at the earliest helps
Publish Date :  Thu, 25 May 2017 11:49:00 +0530
Description :  Health insurance: Why taking a policy at the earliest helps It is a protection cover to fight your unwanted and untimed enemies which can affect your health and pocket adversely.

Title :   Health insurance claims soar by 25% in 1Q
Publish Date :  Fri, 09 Jun 2017 12:30:31 GMT
Description :  Health insurance claim payouts have soared by 24.9% to CNY28.4 billion (US$4.2 billion) in the first quarter of this year, rising at the highest pace compared to claims in property insurance, life insurance and accident insurance.

Title :   India: DBS is first bank to adopt open bancassurance model
Publish Date :  Tue, 23 May 2017 12:30:42 GMT
Description :  DBS Bank India (DBS India) has adopted a unique open architecture model on a single platform in the life insurance segment by expanding its strategic partnerships with two new partners in Tata AIA Life and Birla Sun Life, in addition to Aviva India Life.

Title :   India: Panel formed to revise fire and allied policy covers
Publish Date :  Thu, 25 May 2017 12:30:25 GMT
Description :  The insurance regulator IRDAI has proposed changes to fire and allied policy covers in a bid to increase insurance penetration in dwellings, offices, hotels and shops that are susceptible to big economic losses from natural calamities. Micro, small and medium enterprises are also the target of this initiative.

Title :   India: Regulator mulling extending insurance cover
Publish Date :  Fri, 26 May 2017 12:30:35 GMT
Description :  The IRDAI is reviewing extending insurance cover to policyholders who discontinue their unit-linked insurance plans (ULIPs) within five years of buying the policy.

Title :   India: Fairfax to sell 12.2% stake in ICICI Lombard
Publish Date :  Mon, 29 May 2017 12:30:25 GMT
Description :  Canada's Fairfax Financial Holdings plans to sell a 12.2% stake in its Indian joint venture insurer ICICI Lombard General Insurance in a deal that will value the company at INR203 billion (US$3.15 billion), reported Reuters.

Title :   India: Individuals spearhead proposed new insurance ventures
Publish Date :  Tue, 30 May 2017 12:30:21 GMT
Description :  India's general insurance industry is attracting interest from individuals who want to start operations in the field.

Title :   India: Govt makes last-mile reach to expand crop insurance
Publish Date :  Thu, 01 Jun 2017 12:30:27 GMT
Description :  The government has decided to tap 175,000 Common Service Centres (CSC) and post offices across the country to encourage more non-loanee farmers to take up crop insurance schemes, including the government-backed Pradhan Mantri Fasal Bima Yojana (PMFBY).

Title :   India: New nonlife insurer to open for business soon
Publish Date :  Fri, 02 Jun 2017 12:30:29 GMT
Description :  DHFL General Insurance has received a certificate of registration from the IRDAI and will start its business operations soon.

Title :   India: Regulator terminates actuary's services for underprovisioning
Publish Date :  Mon, 05 Jun 2017 12:30:21 GMT
Description :  In its first such move against an actuary for omission and commission, IRDAI has ordered the termination of the services of an actuary of state-owned non-life insurer National Insurance Company (NIC) for wrongdoing. In addition, IRDAI will not accept nor recognise the work of the actuary for two years from 1 June 2017, the date of the order.

Title :   India: Govt health insurance scheme seen as ineffective
Publish Date :  Wed, 07 Jun 2017 12:30:30 GMT
Description :  The central government's health insurance scheme, Rashtriya Swasthya Bima Yojana (RSBY), is a "complete failure", according to a study by researchers at the Tata Institute of Social Sciences (TISS).

Title :   India: Govt nonlife insurer given 2 years to improve solvency
Publish Date :  Thu, 08 Jun 2017 12:30:27 GMT
Description :  The insurance regulator IRDAI has given state-owned insurer National Insurance until 31 March 2019 to improve its solvency ratio to 150% and then launch an initial public offer.

Title :   India: Max Life-HDFC Standard Life merger structure rejected
Publish Date :  Fri, 09 Jun 2017 12:30:29 GMT
Description :  The insurance regulator, IRDAI, has denied approval for the proposed merger of Max Life Insurance and HDFC Standard Life Insurance (HDFC Life), saying that the structure of the deal violates the Insurance Act, which bars the merger of an insurance company with a non-insurance firm.

Title :   India: Farm insurance premiums rise by almost 300% to US$3.2 bln
Publish Date :  Fri, 16 Jun 2017 12:30:35 GMT
Description :  Crop insurance business, driven by the government-backed Pradhan Mantri Fasal Bima Yojana (PMFBY) saw a 288% growth in premiums for the financial year ended March 2017 (FY17).

Title :   EPFO may reduce PF contributions to 10%
Publish Date :  Fri, 26 May 2017 11:16:03 GMT
Description :  Presently, employees and employers contribute 12% of basic wages each towards PF, pension scheme and Employee Deposit Linked Insurance Scheme.

Title :   Insurance Queries: Do not hide illnesses while buying health insurance
Publish Date :  Fri, 26 May 2017 07:13:05 GMT
Description :  All medical history of the proposed insured is expected to be disclosed in the proposal form while buying health insurance.

Title :   Medical inflation, lifestyle diseases make critical illness insurance a must: Here's how to buy it
Publish Date :  Mon, 29 May 2017 01:00:42 GMT
Description :  The rising incidence of lifestyle diseases and high medical costs make it imperative to buy critical illness cover insurance.

Title :   GST impact: Insurance premium, bank charges to increase
Publish Date :  Wed, 31 May 2017 09:01:27 GMT
Description :  If the premium is only towards the risk cover in life insurance such as term insurance plans, the GST of 18 percent will be on the entire premium.

Title :   Chillr ready to offer micro credit, mutual funds and insurance products
Publish Date :  Wed, 31 May 2017 19:38:10 GMT
Description :  With a big focus on financial services as a revenue generator, Chillr will tie-up with asset management companies to offer mutual funds and insurance products.

Title :   Insurance queries: Can you claim nursing charges under medical policy?
Publish Date :  Fri, 02 Jun 2017 05:33:50 GMT
Description :  Expenses covered post discharge from hospital are post hospitalisation expenses. The list of expenses covered under this varies from one policy to another.

Title :   Family Finance: Aggressive saving, investing to help Delhi-based Asthanas meet goals
Publish Date :  Mon, 05 Jun 2017 01:00:54 GMT
Description :  The couple has six traditional insurance plans, two term plans and two Ulips. They should close the Ulips and two of the traditional plans.

Title :   Govt scraps plan to merge three general insurers
Publish Date :  Thu, 08 Jun 2017 07:47:01 GMT
Description :  Govt had planned to merge Oriental Insurance, National Insurance, and United India Insurance.

Title :   The truth about job-loss insurance: Not as dependable as you may think
Publish Date :  Thu, 08 Jun 2017 07:33:27 GMT
Description :  If you are considering to buy a job-loss cover, read the primer so that you do not end up buying something you did not want.

Title :   Max Life and HDFC Life 'committed to merger', weighing options
Publish Date :  Thu, 08 Jun 2017 05:45:00 GMT
Description :  In November last year, Irdai had posed reservations on the present form of amalgamation of Max Life and HDFC Life into a single entity to comply with Section 35 of the Insurance Act, 1938.

Title :   There is huge opportunity in general insurance sector: Bhargav Dasgupta, ICICI Lombard
Publish Date :  Thu, 08 Jun 2017 03:29:22 GMT
Description :  We got AAA rating and our solvency is at 2.1. We may riase further Tier II money, if there is an opportunity

Title :   Why you should avoid most add-ons, optional features of term insurance plans
Publish Date :  Mon, 12 Jun 2017 01:00:46 GMT
Description :  Insurance companies have added several new features in their term plans. While some benefit buyers, most of these additions are avoidable.

Title :   How to choose a term insurance plan
Publish Date :  Mon, 12 Jun 2017 01:00:24 GMT
Description :  Costs alone should not be the criterion when choosing a term plan. Keep these factors in mind when you go shopping for a life insurance policy.

Title :   Reliance General Insurance plans IPO, may get Rs 6,000 crore valuation
Publish Date :  Mon, 12 Jun 2017 11:17:16 GMT
Description :  Reliance General Insurance also plans to rope in a strategic partner through the stake sale.

Title :   Now, telcos offer insurance, backup to retain customers
Publish Date :  Mon, 12 Jun 2017 19:44:29 GMT
Description :  Industry experts say such offers are aimed at increasing stickiness of subscribers at a time when telcos are battling brutal price competition post the entry of Reliance Jio.