Wednesday June 10, 2015
Insurers will also have to meet insurance penetration targets and broaden their servicing capabilities, he suggested.
India News | Press Trust of India | Friday June 5, 2015
The government today announced it will offer subsidy on diesel, power and seeds to farmers in case of deficient monsoon affecting crops.
Wednesday May 13, 2015
The latest edition of the annual FDI document also incorporates all policy changes effected over the past one year, including by the Modi government in sectors like defence, insurance and railways.
Thomson Reuters | Thursday April 23, 2015
Yet a policy official involved with the developments said the RBI bid to provide direct web-based access to existing bond investors was key, as it brought down the cost of investment. Volumes could well follow, eventually.
Thursday April 9, 2015
The plan returns all the premiums paid in case there is no claim from the policy holder during the policy term and upon survival, PNB MetLife said in a statement.
Sunday March 29, 2015
The primary purpose of purchasing a life insurance cover is to safeguard your family in the event of your untimely demise. However, over the past decade, the meaning of insurance has widened to include investment products as well, as insurance compan...
Friday March 13, 2015
One new provision in the insurance bill is being considered to be "retrograde" for policyholders. The onus to prove that a wrong statement was not made at the time of taking the policy would lie with the policyholder and not the insurance company, sa...
Sunday March 8, 2015
The sector, which includes banking, insurance, outsourcing, R&D, courier and technology testing, had received foreign direct investment (FDI) worth $1.59 billion during April-December, 2013-14, according to the Department of Industrial Policy and Pro...
Saturday January 17, 2015
Life insurance policy holders, who opt for electronic format of policy, may now get a 10-15 per cent reduction in their premiums as the Insurance Regulatory and Development Authority or IRDA has revised guidelines with regard to repositories and dema...
Saturday January 10, 2015
How much to save is a question which keeps pestering us without a clear answer. Another question is whether to do it yourself or outsource your investing decision.
Sunday December 21, 2014
Foreign direct investment (FDI) in Indias services sector dipped 7.5 per cent to $1.22 billion during the first half of the current financial year.
Associated Press | Wednesday November 26, 2014
Notably, Home Depot has a $100 million insurance policy for breach-related expenses.
Thursday October 2, 2014
Life Insurance Corporation (LIC) has received more than Rs 11,500 crore in income tax refunds and a big chunk of the amount would be passed on to policyholders, an official said.
India News | Press Trust of India | Friday September 26, 2014
Union Agriculture Minister Radha Mohan Singh in Bhopal today said that the Centre will bring out new crop insurance policy by removing shortcomings in the current policy and provide Soil Health Cards to all farmers in the country in next three years.
Sunday August 24, 2014
The services sector, which includes banking, insurance, outsourcing, R&D, courier and technology testing, had received FDI worth $945 million during April-June 2013, Department of Industrial Policy and Promotion data showed.
Wednesday August 20, 2014
IRDA also said insurance companies should provide a facility in the website to enable policyholders or dependents to find out if any unclaimed amount due are lying with the insurer.
Tuesday August 12, 2014
However, the policy has to be renewed every year in case of own-damage cover. Own-damage cover the risk pertaining to damage of vehicle due to accident.
Tuesday July 22, 2014
Malaysia Airlines' two crashes in less than five months are sending tremors through the aviation insurance market - not least because the carrier's $2.25 billion overall liability policy is mysteriously missing a standard clause that usually limits i...
Thursday July 10, 2014
It commended several of the reforms put forth, especially lifting the foreign direct investment (FDI) cap in insurance, as well as policy reforms to reduce transfer pricing challenges and encourage infrastructure investment.
Saturday June 21, 2014
He said it will be launched soon across the country as the existing scheme has not proved to be beneficial to the farmers. Details will be unveiled during the Budget session of the Parliament, he added.
Thursday June 19, 2014
Seeking to safeguard interest of customers, the Insurance Regulatory and Development Authority (Irda) has made it mandatory for agents to provide full details in a transparent manner before persuading policyholders to shift to another life insurance ...
Tuesday June 10, 2014
The Insurance Regulatory and Development Authority (IRDA) on Tuesday said the pilot project for digitisation of insurance policies would start from July 1.
Thursday June 5, 2014
The Reserve Bank of India (RBI) on Thursday said overseas investors, including foreign portfolio investors (FPIs) and non-resident Indians (NRIs), can invest up to 26 per cent in insurance and allied activities through the automatic route.
Wednesday May 28, 2014
Life insurers including state-run behemoth Life Insurance Corporation (LIC) are finding themselves in a tricky situation over a new regulatory requirement of mandatorily seeking customer bank account details at the time of new policy sales, as premiu...