Page 21 - Insurance

Demand for political risk cover up

Threats from IS militants, the Syrian conflict and the migrant crisis in Europe are some of the recent risks that have companies worried

Daily enrolments see big drop in Jan Suraksha insurance

This has dropped to 23,150 this financial year (April 1-September 26 period), according to data from the Jan Suraksha website

Bajaj Allianz taps into telematics for car insurance

This is being offered to look into the driving habits and incentivise customers

All you need to know about telematics insurance

This form of device-based insurance uses GPS to measure how much a car runs and the speed that it is run at

20% boost in ticket-size of life insurance policies

Life insurers are now focused on need-based selling across all products

Regulator seeks fuller disclosure from insurers looking to list

This will include embedded value, details on policies, value of new business and their maturity apart from financial information

IndiaFirst Life looks at more bank tie-ups

The private life insurer, has taken part in some of the recent RFPs floated by banks such as IOB towards this end

Reliance Nippon Life bullish on UP market

Insurer to ramp up advisors' network to 25,000 from 15,000 at present

Life insurers' health portfolio might see slump

IRDAI has said that a life insurer cannot offer indemnity-based products in either individual or group segment

Star Health eyes Rs 2,800 cr gross written premium this fiscal

Company will focus on retail customers and not group policies and is looking at covering around 90 lakh people this year

PNB MetLife looks to expand its digital channel presence

Plans to engage customers through games and storage services

LIC unveils new money-back plan to mark diamond jubilee

Plan is available for sale until August 31, 2017

Final nod for global reinsurers' branches likely by January 2017: IRDAI chief

For the final R3 approval, reinsurers will be required to bring in capital to set up a branch after the second state of approval, which is likely in October, T S Vijayan said

V K Sharma gets additional charge as LIC chairman

Few months ago, current chairman S K Roy had written to the government to relieve him of his duties; reason remains unknown

Over 50 lakh passengers opt for train travel insurance

A person booking a train ticket through the IRCTC website will be able to opt for travel insurance cover for a premium of 92 paise only

ICICI Pru Life to focus on pure term policies

Company officials said that according to estimates insurance penetration is very low and the situation is much worse for pure term

Private insurers wait for premium hikes to enter Jan Suraksha schemes

They are still waiting for the pricing of the product to improve, so that it can be sustainable on a long-term basis

ICICI Prudential promoters to dilute 6% more in next 3 years

Dilution will be done to meet the 25 per cent minimum public float

Prudential to cut stake in ICICI insurance biz to 20%

ICICI Bank will bring down its stake in ICICI Prudential Life Insurance to 54% (down from 67.52% as of Sep 7) over three years

Not ready, plead insurers on compulsory listing

Insurers are sending their views through their councils, asking that this be made optional