The Mangalore air crash is set to take a toll on the insurance bill of at least three airlines &mdash; Air India, Kingfisher and IndiGo &mdash; whose insurance covers are coming up for renewal in the next couple of months.

Crash fallout: Aviation insurance rates harden

Business Standard

Despite the controversy around regulation of unit-linked insurance plans (Ulips), the life insurance industry managed a healthy 36 per cent growth in new income in April.

Despite Ulip spat, life insurers log 36% rise in new income

Industry strongly opposes the move to cap fees.

Irda may stick to its guns on surrender charges

The proposal to cap surrender charges may ensure buyers get back some &mdash; just some &mdash; of their investment.

Unit-linked plans: More lip service

Sebi asks 14 firms to register before launching new plans; Irda rejects proposal.

Fresh battle breaks out over Ulips

Insurance and investment are two different needs. Then, there are Ulip pension plans with no sum assured. No wonder, there is confusion.

What makes Ulips controversial

I am planning to buy a house. I have heard that a life insurance policy can help in increasing my eligibility.

INSURANCE: Kamesh Goyal

Lutyens&rsquo; Delhi today took centrestage in the standoff between Mumbai-based markets regulator Securities and Exchange Board of India (Sebi) and Hyderabad-based Insurance Regulatory &amp; Development Authority (Irda).

Chawla sides with Sebi, Montek for stability council

Apollo Munich has asked for approval from the Insurance Regulatory and Development Authority (Irda) to launch Optima Vital, a &lsquo;top-up product over corporate medical cover&rsquo;, convertible to health cover after retirement.

A boon for health coverage after retirement

Regulators show urgency of purpose for a legally binding ruling on Ulip regulation.

Irda, Sebi likely to approach Delhi High Court in 2 days

The premium on fire and marine transit insurance covers is expected to increase by 10-15 per cent following the recent incidents of fire in Bangalore, Kolkata and Delhi.

Fire, marine covers to cost more

After a road accident, when an insurance surveyor assessed that Ashwin Trivedi should get 75 per cent of the claim for damage to his car, he was satisfied. But, the insurance company wasn&rsquo;t happy. So, it sent a second surveyor, who reduced it to 60 per cent. Then, a third brought it down to 40 per cent, which the insurer agreed to pay.

Weak option for insured

The Angul United Central Cooperative Bank Limited (AUCCB) has become the second cooperative bank in Orissa to have got the licence from the Reserve Bank of India (RBI) to conduct banking business.

Angul cooperative bank gets RBI licence

ICICI Lombard General Insurance Company Limited in association with the Union ministry of textiles, Government of India, has provided comprehensive health insurance to 30,000 artisan families in Orissa in 2009-10 under the Rajiv Gandhi Shilpi Swasthya Bima Yojana (RGSSBY).

ICICI offers health insurance to 30,000 artisan families

Ever thought of getting paid an allowance when your car is in the workshop? It&rsquo;s not as improbable as it seems. For, general insurance companies now have policies that provide a daily allowance for up to 10 days when the car is damaged.

Daily allowance for damage

IndiaFirst Life Insurance Company Limited is targeting a premium income of Rs 600-700 crore during the current financial year.

IndiaFirst eyes Rs 700 cr premium

Since Saturday, Krishna Chokhani, a Mumbai-based insurance agent, has been getting calls from worried policyholders of unit-linked insurance policies (Ulips). &ldquo;With both regulators standing firm, investors are anxious if they will suffer,&rdquo; said Chokhani.

Ulip row: Distributors field calls, put applications on hold

Bharti AXA General Insurance Company Limited is set to expand its network in Kerala by setting up operations in Alappuzha, Pathanamthitta, Malappuram and Palakkad shortly. The company already has a presence in major locations like Kochi, Thiruvananthapuram, Kollam, Kottayam, Kozhikode and Thrissur, said Amarnath Ananthanarayanan, CEO, Bharti AXA.

Bharti AXA to expand in Kerala

Uncertainty over regulation of unit-linked insurance plans (Ulips) is taking its toll on sale of new policies, while existing policyholders are looking at surrendering their policies.

Ulip row casts shadow on life insurance business

Insurers witnessed a spurt in business during the last month of the financial year &mdash; with contributions over 23 per cent of the total collection in 2009-10 &mdash; as individuals opted to purchase covers to avail tax benefits.

Life insurance industry gains 68% in new biz

Non-life insurance companies will take a slight hit due to recent flight disruptions in Europe. Claims will arise from overseas travel insurance policies which cover delay or cancellation of flights.

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