Page 28 - Insurance
We are looking at tying up with small finance banks: Manoj Jain
Interview with managing director, Shriram Life Insurance
 "We are looking at tying up with small finance banks: Manoj Jain")
Insurers see slower growth in individual premiums
Those with bank promoters or bancassurance pacts with large banks have been at an advantage compared to those without such partners
 "Insurers see slower growth in individual premiums")
HDFC Life dusts off listing plan
HDFC announced on Tuesday that it had initiated the process for an IPO in HDFC Life, by offloading 10% of its stake
 "HDFC Life dusts off listing plan")
HDFC: Value unlocking triggers ahead
The forthcoming IPO of HDFC Standard Life will lead to higher value unlocking for the company
 "HDFC: Value unlocking triggers ahead")
Insurance agents crashing out
The life insurance sector has faced a challenge of agents leaving the profession
 "Insurance agents crashing out")
IRDAI to allow foreign reinsurers to open branches soon
Regulator has been processing applications of four foreign firms that want to open branches in the country
 "IRDAI to allow foreign reinsurers to open branches soon")
Life insurers lose 51,000 agents in FY16
Data shows that tLIC saw 1,02,044 agents exit in FY16 while its private counterparts made an addition of 50,766 agents
 "Life insurers lose 51,000 agents in FY16")
Insurers use drones for crop yields
Await go-ahead signal from ministry of agriculture for their use
 "Insurers use drones for crop yields")
5 health insurance mistakes you should avoid
Contrary to popular perception, health insurance is rarely expensive and claims are usually paid by the insurers
 "5 health insurance mistakes you should avoid")
Jan Suraksha insurance schemes to see no premium hikes in FY17
Insurers expecting some upward movement due to claims will now have to provide cover at the same cost
 "Jan Suraksha insurance schemes to see no premium hikes in FY17")
Health insurance to see standardised rates, niche products
Customers will be able to choose hospitals based on location preferences, specialities and empanelment with insurance companies
 "Health insurance to see standardised rates, niche products")
Star Health crosses Rs 2,000-crore GWP in 2015-16
The company had clocked Rs 1,470 crore worth of GWP in 2014-15, the city-based company said
Life insurance AUMs touch Rs 25 lakh cr in FY16
Of the Rs 24.25 lakh crore, 21 per cent or Rs 4.9 lakh crore went into equity investments, while the rest went into debt
Renewal premium remains flat despite hike in motor, CAT covers
The general insurance industry has renewed Rs 75,000 cr business on April 1 at the previous year's premium levels
 "Renewal premium remains flat despite hike in motor, CAT covers")
'Mentor actuaries' may attract youngsters: Experts
Fresh actuaries from Institute of Actuaries of India can be absorbed in insurance firms if an experienced actuary officially mentors them
 "'Mentor actuaries' may attract youngsters: Experts")
LIC expands globally; to begin Bangladesh operations soon
Insurance giant through its branches, JV firms, wholly-owned subsidiary, is present in 14 countries
 "LIC expands globally; to begin Bangladesh operations soon")
Lloyd's to apply for Indian Reinsurance Branch
An onshore branch to provide local access to Lloyd's underwriting and reinsurance solutions for specialist risks, including agriculture, infrastructure and disaster management
 "Lloyd's to apply for Indian Reinsurance Branch")
HDFC completes 9% stake sale in HDFC Life to JV partner
In August last year, HDFC had said it will sell 9% stake in HDFC Life to Standard Life for a little over Rs 1,700 crore
 "Premiums rising, not policies")
Future Generali India Insurance launches app
With the help of i-MoSS, company expects on-the-spot conclusion of 70% of its motor insurance claims
 "Future Generali India Insurance launches app")
