Page 25 - Insurance

Indian promoters gain more stronghold in insurance ventures

After the new Insurance Act, foreign partners may not want to continue

Insurers make hay while markets drop

They are buying into equities as key indices drop, following Brexit

BigDecisions ties up with Edelweiss Tokio Life

BounceBack, the initiative will create awareness around the need for critical illness insurance in India

Bank of India sells 18% stake in Star Union Dai-ichi Life

According to sources, value of the transaction is Rs 540 crore, valuing the company at Rs 3,000 crore

E-insurance mandatory for Rs 10,000 or above annual premium in life insurance: Irdai

New norms from October 1; sales to be made using e-proposal form similar to physical form approved by regulator

Exide Life Insurance signs Mahendra Singh Dhoni as brand ambassador

Dhoni will feature in the Exide Life Insurance marketing campaign starting June 22

Fresh round of talks likely to take place for insurers

Irdai rule says, for listed insurers, minimum shareholding by the promoters should not be below 50% of the paid-up equity capital

HDFC, Max to merge life insurance arms

Combined entity to be country's largest private sector insurer

Consolidation era set to begin in insurance sector

Insurance sector currently has 24 life insurance companies and 29 general insurance companies

Consolidation likely now in insurance sector

Insurance Sector has 24 life insurance and 29 general insurance companies, including five standalone health insurers

Max Life, Max Financial Services agree to merger with HDFC Life, boards approve

Industry experts say this could set the ball rolling for more consolidation in the insurance sector

LIC sees improvement in persistency ratios

Overall, persistency ratio of insurance policies from the fourth year onwards is becoming a concern area for life insurance companies.

Minimum shareholding norm may see slew of discussions among insurers

Presently, foreign direct investment of up to 49% is permitted in the insurance sector

DHFL Pramerica Life Insurance launches pure online health plan for Dengue

The company looking to expand in health insurance space with online products that are mass market and affordable for customers

Minimum shareholding of promoters in insurance venture to be 50% at all times: IRDAI draft

Norms applicable to those who have listed their equity shares or are in process of getting shares listed in relation to transfer of shares

Coverage, price dominate buying decision in health, home insurance: survey

The fear of theft is driving the home insurance buying in Indian cities, says Liberty Videocon General Insurance survey

Panel set up on risk-based capital norms in insurance

Insurers say India isn't ready from an accounting perspective for solvency these norms, which are to insurers, what Basel-III is to banks

Future Generali launches online travel insurance policies

The benefits include cashless claim settlement, universal international free phone number, worldwide emergency, medical and travel assistance

More, tighter norms proposed for web aggregators in insurance

Insurance regulator says these aggregators would be treated as insurance intermediaries

IRDAI to meet to accord approval to foreign reinsurers

Regulator has received six applications by foreign reinsurance majors for permit of direct business