It&rsquo;s come as a body blow to shipping companies.

West coast's 'war zone' tag to raise cost of insuring ships

Business Standard

Three years before, I bought a pension plan (with a life cover) from a private life insurer.

Life Insurance: Deepak Sood

ING Life India, part of the ING Group, has tied up with Visakhapatnam District Central Co-op Bank in Andhra Pradesh.

ING Life ties up with Vizag co-op bank

When a leading private insurance company recently commissioned a market research agency to do a survey on India&rsquo;s most famous brands, the findings didn&rsquo;t come as a surprise.

Insuring brand value

When you buy a life insurance policy, the insurer levies a charge for the insurance protection upon death and to cover certain other expenses. This is known as mortality charge.

What is a mortality charge?

Switches are options given to policyholders of Ulips to move their investments from one fund to another, within one plan. You can transfer units fully or partially between fund options &mdash; equity, debt and equity to debt.

What are switches in unit-linked insurance plans (Ulips)?

The claim for such a vehicle has to be made in the same way as any other claim. The owner must ensure that the theft is intimated to the insurance company immediately. Post intimation, the insurance company will carry out a survey and accordingly allow repairs.

General Insurance: Gaurav Garg

Health insurance portability, which will be allowed for individuals from July 1, should be extended to group medical policies, said a new study released on Friday.

Extend health insurance portability to group medical policies: Study

If you use life insurance as an investment instrument, be prepared for slightly lower yields because of increased taxation.

All unit-linked insurance plan charges to attract service tax

The Sage of Omaha has finally arrived in India, just two days after the finance minister reaffirmed the government&rsquo;s commitment to further liberalise the insurance sector.

Buffett takes insurance route to India

ING Vysya Life Insurance Company Ltd has set a pan-India premium collection target of Rs 1939 crore in the current financial year.

ING Vysya aims at Rs 1939 crore premium in 2010-11

All 3 Ulips launched post-regulation see robust growth, outperform private peers.

LIC continues to ride on Ulips

Get ready to pay more for third-party motor insurance

Apprehensive about the July 1 switch, say there are issues to be addressed.

Insurers flag concerns over health portability, seek clarity

Ombudsman post lying vacant since last October

Complaints pile up at Mumbai insurance ombudsman office

The total investment corpus of Life Insurance Corporation has touched Rs 14.8 lakh crore (provisional) as on December 31, 2012. According to a presentation by LIC to the Standing Committee on Finance, the total investment at the end of March 31, 2012 was at Rs 13.49 lakh crore, which means that investments have gone up 17% in nine months

LIC investment touches Rs 14.8 lakh crore in December

The biggest struggles in the recent past might have been surrounding land and land acquisition, but risk mitigation through an insurance cover is still a far cry.

Insurance cover for land acquisition still a far cry

It is a benefit for those who have not claimed insurance during the preceding year of cover. It means the premium they would pay in the following year would be lower.

What is a no-claim bonus for a motor insurance policy?

It is shocking, but nearly 80 per cent of disputes in the consumer fora pertain to insurance claims.

Case studies on insurance claims

At a time when customer service and satisfaction is becoming the key to success for life insurance companies, the claim repudiation ratio (in case of death claims) has improved over the last financial year. According to data from company sources, the Life Insurance Corporation of India (LIC) still remains the benchmark when it comes to settling death claims. However, major private players are also fast catching up.

LIC scores best in claims settlement during 2010-11

Life Insurance Corporation of India (LIC) will conduct a complete investigation into an issue over some letters being issued under LIC's name suggesting that private insurer HDFC Life rejected insurance claims of Hemant Karkare. Karkare was a police officer who died during the 26 November 2008 Mumbai attacks. Pursuant to these letters, HDFC Life has sent a legal notice to LIC

Page 108 - Insurance