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Title :   Insurance company to pay even if accident not in India: High Court
Publish Date :  Sun, 03 Dec 2017 11:25:02 GMT
Description :  The order pertained to compensation to the kin of 54 pilgrims from Kurukshetra who lost their lives in an accident in Nepal on June 18, 1995.

Title :   India: Taskforce formed to revise tax law, with impact expected on insurers
Publish Date :  Mon, 27 Nov 2017 12:30:22 GMT
Description :  The government has formed a task force to draft a new direct tax legislation to rewrite the decades-old Income Tax Act, 1961. The changes are expected to affect taxation on insurance companies.

Title :   India: Insurers are well positioned to benefit from strong domestic economic growth
Publish Date :  Wed, 29 Nov 2017 12:30:23 GMT
Description :  The latest regulatory reforms in India have improved the ability of Indian primary insurers to take advantage of the country's strong economic growth, a credit positive for the sector, says Moody's Investors Service in its first published report on the Indian insurance market.

Title :   India: Life insurance stocks trade higher than peers in other Asian markets
Publish Date :  Fri, 01 Dec 2017 12:30:27 GMT
Description :  The share prices of Indian life insurance companies are significantly higher than those of their peers elsewhere in Asia, says Milliman India in its report.

Title :   India: Rules imminent governing private equity firms as insurers' promotors
Publish Date :  Mon, 04 Dec 2017 12:30:26 GMT
Description :  Guidelines are expected to be issued by the IRDAI this week and even as early as today that will allow private equity (PE) and venture capital (VC) firms to promote insurance companies.

Title :   India: Taxation reform key to fostering development of the insurance sector
Publish Date :  Tue, 05 Dec 2017 12:30:32 GMT
Description :  A special interest paper released in Mumbai yesterday has recommended a consistent, stable and simple tax environment for development of a modern insurance set-up in India.

Title :   India: Around 1/3 of urbanites have their own health insurance
Publish Date :  Mon, 11 Dec 2017 12:30:23 GMT
Description :  Indians are more likely to have a motor or life insurance than health insurance, according to a survey by private research firm, Chrome Data Analytics and Media (CDAM).

Title :   India: Life sector gets boost from household savings
Publish Date :  Wed, 13 Dec 2017 12:30:21 GMT
Description :  Life insurance will emerge as a dominant industry as household savings are moved to financial instruments like insurance and equities in the coming years, backed by strong economic growth, according to Indian stock brokerage Prabhudas Lilladher.

Title :   Avoid these 5 Bloopers when it comes to a Life Insurance Plan
Publish Date :  Mon, 04 Dec 2017 11:27:00 +0530
Description :  A life insurance policy pays the sum assured amount to your nominee, in the event of your untimely demise. The amount payable can be used to pay off debt, childrens education, or for ensuring financial independence for your spouse.

Title :   New India Assurance bags Rajasthan health insurance project
Publish Date :  Mon, 11 Dec 2017 9:09:00 +0530
Description :  This is one of the largest health insurance schemes in the country as it gives cover for cashless treatment of 1,401 diseases - of Rs3,00,000 for 663 critical and Rs30,000 each for 738 general illnesses.

Title :   Life Insurance or Death Insurance?
Publish Date :  Tue, 12 Dec 2017 14:45:00 +0530
Description :  Term insurance is a pure risk-cover policy and is the most cost-effective financial instrument available to hedge against the risk of untimely death.

Title :   Now get insurance just to protect your pearly whites
Publish Date :  Fri, 01 Dec 2017 05:41:55 GMT
Description :  This company may offer cosmetic dental surgeries apart from teeth extraction procedures and others.

Title :   Aditya Birla Health Insurance in expansion mode to grow retail
Publish Date :  Mon, 04 Dec 2017 13:43:34 GMT
Description :  The one-year old health insurer is present in 34 cities now and about one-fifth of its business comes from retail at present.

Title :   Wearable gadgets could soon be part of insurance policy: Irdai
Publish Date :  Thu, 07 Dec 2017 10:51:14 GMT
Description :  The 10-member working group will examine the role of innovation in insurance involving wearable/portable devices.

Title :   Aadhaar linking mandatory, no stay by SC uptill now: UIDAI
Publish Date :  Thu, 07 Dec 2017 08:49:44 GMT
Description :  On June 1, PML Rules have been amended to make Aadhaar mandatory for linking bank accounts, insurance, pension, MFs, demat accounts.

Title :   How to link your LIC policies with your Aadhaar
Publish Date :  Fri, 08 Dec 2017 05:01:19 GMT
Description :  PMLA Rules, 2017 makes Aaadhar mandatory for availing financial services including insurance and also for linking the existing policies with the same.

Title :   Government may raise protection on bank deposits
Publish Date :  Sat, 09 Dec 2017 04:52:35 GMT
Description :  At present, each depositor is protected only up to a limit of Rs 1 lakh by the guarantee of the Deposit Insurance and Credit Guarantee Corporation (DICGC).

Title :   Why doctors are buying the most number of life insurance policies
Publish Date :  Fri, 08 Dec 2017 20:03:15 GMT
Description :  On average, doctors buy more than half-a-dozen life insurance policies, making them eligible for the list of Ć¢??negative and insecureĆ¢?? investors.

Title :   What is a Paid-up insurance policy?
Publish Date :  Mon, 11 Dec 2017 01:00:24 GMT
Description :  A policy can be converted to a paid-up policy once it acquires a surrender value which is typically after 2-3 annual premiums (traditional) or 5 years (Ulips).

Title :   India: Regulator looking at allowing PE funds to start insurance ventures
Publish Date :  Tue, 07 Nov 2017 12:30:24 GMT
Description :  The insurance regulator is considering a proposal that will allow private equity funds to promote Indian insurers but with stricter long-term commitments so as to reduce risks as investor interest grows.

Title :   India: Govt health insurance plan for the poor losing appeal
Publish Date :  Mon, 13 Nov 2017 12:30:20 GMT
Description :  The government's health insurance programme for the poor is losing appeal, with only 15 states offering the scheme at 31 March 2017, the lowest since 2008 when the scheme was launched and rolled out to 25 states.

Title :   India: Insurer's study shows gaps in cancer preparedness
Publish Date :  Wed, 15 Nov 2017 12:30:24 GMT
Description :  The majority of Indians will dip into savings or take a loan to finance treatment for cancer, according to the findings of a Future Generali India Life Insurance study.

Title :   India: Insurers find it hard to comply with Supreme Court order
Publish Date :  Wed, 22 Nov 2017 12:30:31 GMT
Description :  General insurers have said they are unable to implement a directive issued by the top court in India requiring them to verify that vehicle owners have a "Pollution under Control" (PUC) certificate before renewing their motor insurance policies.

Title :   SBI Life to consider lowering premium rates for term plans
Publish Date :  Tue, 14 Nov 2017 9:50:00 +0530
Description :  The insurance provider aims to lower premiums to win market share

Title :   HDFC Life lists Rs 311 at 7% premium over issue price
Publish Date :  Fri, 17 Nov 2017 11:27:00 +0530
Description :  Shares of HDFC Standard Life Insurance got listed at a ~7% premium on the stock exchanges.

Title :   Bajaj Allianz General Insurance launches Cyber Safe Policy for individuals
Publish Date :  Thu, 02 Nov 2017 09:45:09 GMT
Description :  Besides financial loss, the policy also provides coverage for expenses incurred on counselling services treatment, claim for damages against third party for privacy breach.

Title :   No third-party insurance? Cops will seize your car
Publish Date :  Sat, 04 Nov 2017 06:21:49 GMT
Description :  There are several vehicles plying without third party insurance in Cyberabad police limits. Cops said they will now seize such vehicles and not release them until they are adequately covered.

Title :   Third party motor insurance is the new cash cow
Publish Date :  Mon, 06 Nov 2017 18:45:17 GMT
Description :  Now, private sector insurance companies such as Cholamandalam MS General Insurance, Reliance General Insurance and Shriram General write more third party insurance than motor own damage.

Title :   Irda makes Aadhaar mandatory for insurance policies
Publish Date :  Wed, 08 Nov 2017 16:17:42 GMT
Description :  All policyholders will have to link their policies and furnish the Aadhaar number. Insurer expect it to help the sector in reducing frauds and quicker claim settlement.

Title :   Now, link all your insurance policies to Aadhaar and PAN
Publish Date :  Thu, 09 Nov 2017 05:15:01 GMT
Description :  The move comes even as the Supreme Court has asked banks not to spread panic through text messages on deadlines for linking bank accounts to Aadhaar.