Page 56 - Insurance

Irda brings out guidelines for group insurance policies for specific entities

Guidelines are applicable in respect of only Group Life Insurance Polices / Schemes obtained under Lender-Borrower group

No exit clause for promoters in insurance ordinance

Finance Minister Arun Jaitley expressed hope recently that raising of the limit to 49%

Panel on health insurance rules

Insurance sector eyes FDI worth billions in new year

Domestic insurance industry needs investments worth up to Rs 60,000 crore in next five years to increase penetration levels: IRDA

Kotak Life launches e-Term Plan

In the eventuality of the policyholder becoming totally and permanently disabled during the policy term, the policyholder gets a 100% premium waiver

Private life insurers begin bond buying as premiums pick up

See 10% growth in new business premiums allowing them to have a higher investable surplus

Ordinance boost: RCap eyes foreign funds in insurance ventures

Reliance Capital will soon begin active discussions for Japanese giant Nippon Life hiking its stake in Reliance Life Insurance Company

Ordinance gives Irda more teeth

Criminals make going tough for insurers

False claim, drowning bodies to make it look like an accident force companies to re-look into smaller ticket policies

Irda's draft on policy holder protection

Better disclosures, more details, higher interest payment for claim delay; feedback invited by Jan 19

Health insurance premium dips in united AP

Maharashtra emerged as top for collecting highest health insurance premium where it grew at a rate of over 76%

Higher FDI in Insurance: Domestic firms start talks with partners abroad

Formal announcements on foreign partner stake hikes expected from March

Irda further tightens reporting of group health pricing

Recently, Irda had cracked down on general insurance companies offering heavy discounts in the group portfolio

Fate of Insurance Bill remains uncertain

Last day of Parliament's Winter Session unlikely to see passage of Bill; ordinance route still not ruled out

Chhattisgarh CHOICE centre authorised for insurance services

All kinds of insurance and pension services would be provided through the centres

Public sector general insurance firms under CCI scanner

Azim Premji Trust picks up near 1% stake in HDFC Life for Rs 199 cr

With this the value of the company goes almost to Rs 19,890 cr

Insurance cover for organ transplants to ease donor costs

Health insurance experts are of the view that it is advisable to buy a policy that will cover the medical expenses of both the donor and the donee

Third-party insurance to be offered to e-rickshaws

Insurance for e-rickshaws to be offered as per RTO norms

E-rickshaws are likely to come und er the auto-rickshaw category, where there was a 10% hike in TP premiums for this fiscal