LIC keen on 40-year govt bonds
Life insurance major LIC on Wednesday said it is keen on buying 40-year bonds which the government is set to issue this year.
Mar 25, 2015, 16:28 PM IST
IRDA likely to issue new norms for insurers' bank tie-ups
Regulator IRDA is likely to issue new guidelines for life insurers for distribution tie-ups with banks, while "open architecture" may be made mandatory to allow banks to sell products of more than one insurance company.
Feb 12, 2015, 19:46 PM IST
Life insurance policy holders may get 15% cut in premiums
Life insurance policy holders, who opt for electronic format of policy, may now get a 10-15 percent reduction in their premiums as IRDA has revised guidelines with regard to repositories and dematerialisation.
Jan 16, 2015, 21:23 PM IST
Life insurance most preferred investment for affluent Indians
Life insurance has emerged as the most preferred investment option for Indian households with an income up to Rs 25 lakh, says a survey.
Jan 14, 2015, 20:02 PM IST
LIC says not exiting LIC Nomura Mutual Fund
Life insurance major LIC today said it has no plans of exiting LIC Nomura Mutual Fund Asset Management Company as well as reducing its holding in LIC Housing Finance.
Jan 13, 2015, 19:22 PM IST
Irda modifies group life insurance schemes for fincl entities
IRDA on Monday clarified that under lender-borrower scheme life insurance companies will make payment of outstanding loan to lenders in case of eventuality to an individual covered under the group insurance scheme.
Dec 29, 2014, 22:01 PM IST
Growth eludes life insurers except some bank-promoted players
Those having seen growth in individual premiums in first half included ICICI Pru, HDFC Life, Max Life and Kotak Life.
Oct 26, 2014, 14:51 PM IST
Your insurance payout will now come after a tax cut!
In a quiet move, the impact of which is being felt only now, the statute books have been amended to deduct tax at source on some insurance payouts, which could particularly affect people above 45 and those with single-premium policies.
Oct 19, 2014, 17:59 PM IST
Canara HSBC OBC Life Insurance launches CHOICeNET portal
The company has already implemented several online facilities within its customer portal for net-savvy customers of all three banks, it said.
Sep 17, 2014, 21:18 PM IST
J&K floods: IRDA asks life insurers to settle claims fast
In view of massive floods resulting in loss of lives and belongings in Jammu & Kashmir, Insurance Regulatory Authority of India (IRDA) has asked life insurers to take immediate steps for expeditious settlement of claims.
Sep 14, 2014, 18:24 PM IST
Maxlife Insurance launches new customer centric initiative
The share of life insurance as part of personal finance portfolio is declining and its penetration has also been adversely affected.
Jun 30, 2014, 15:06 PM IST
'75% of insurance sales to be online by 2020'
As many as three-fourths of insurance policies sold by 2020 will be influenced by digital channels, says a report by global management consulting firm Boston Consulting Group and Google India.
Jun 25, 2014, 16:47 PM IST
IRDA tightens norms for replacement of life insurance policy
Seeking to safeguard interest of customers, IRDA has made it mandatory for agents to provide full details in transparent manner before persuading policyholders to shift to another life insurance firm.
Jun 18, 2014, 21:35 PM IST
